1305 N 8th St N

1305 N 8th St N , New Salem, North Dakota, 58563 | 4,880 sq.f | $ 224,900

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About This Restaurant

Investment Highlights

All fixtures included in the sale and consumable products can be included, too. Located near Salem Sue off I-94, 2 gas stations and minutes from downtown New Salem.

Executive Summary

Located near I-94 exit 127 to New Salem, ND, this local staple since the 1960's known as the Sunset Cafe is available for a turnkey operation. The front portion of the building consists of the cafe with eat-at counter with multiple tables & booths, dining area with salad bar stand and commercial grade kitchen. Leading to the back portion of the building is a bar area that currently includes gaming machines, pool table and reception area. Two sets of restrooms for the building Plenty of parking and additional land behind the building that has been leveled to allow for more development or outside storage for RVs and more.. Recent updates includes some electrical, plumbing, new bar coolers, new condensing unit and evaporating unit for walk-in cooler, upgraded kitchen sinks and prep stations, and interior paint. All fixtures included in the sale and consumable products can be included, too. Located near Salem Sue off I-94, 2 gas stations and minutes from downtown New Salem. Buyer to verify building & land square footage, year built and zoning.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,880
  • Building Class    C
  • Year Built    1960
  • Price    224,900
  • Price Per SF    46
  • Percent Leased    100
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    1.84 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number 66-0518020 Improvements Assessment $24,250
Land Assessment $75,250 Total Assessment $99,500
Date Created: 2024-07-16 04:16:25 Last Updated: 2024-07-16 04:16:25
Address: 1305 N 8th St N , New Salem, North Dakota, 58563