Address
708 1st Street N, New Town, ND
Price
$ 599,000
Property Attributes
- MLS#4010175
- TypeCommercial
- CountyMOUNTRAIL
- CityNew Town
- AreaOutlying Towns ND
- Zip58763
- StyleCommercial
- Year Built1981
- Taxes$ 1427
- Price$ 599,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8224
- Lot Size0.596 Acres
Data Source:
Bismarck Mandan BOR (BMBOR)
Property Description
The West Dakota Inn features a 3-bedroom house and a 3-bedroom apartment for versatile accommodation options. The property also features a total of 15 hotel rooms, all fully equipped and ready for occupancy. The town of New Town is experiencing high demand for lodging, with limited competition and ample opportunities for lucrative nightly rentals. With nearby hotels charging upwards of $125 per night, and consistently at full capacity, you can tap into this underserved market. There is a current income potential for long-term rentals ranging from $1000-1300 per month. Take advantage of this currently operating hotel with good cash flow!
| Price History | |
|---|---|
| 10/5/2023 | Listed $599,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Zoning | Commercial |
| County | Mountrail |
| Business Type | Hotel/Motel |
| Property Type | C |
| Area | Outlying Towns ND |
| Sub Area | Outlying Towns ND NW |
| Accessibility Features | No |
| Tax Year | 2022 |
| Status | Active |
| Lot Sqft | 25962.00 |
| Sub Type | Commercial |
| Year Built | 1981 |
| City | New Town |
| Taxes | 1427.55 |
| Geo Lat | 47.980884 |
| Legal Description | RE-ARGMNT BLKS 6-7-8 HIGHLAND VILLAGE,S1/2 of LOT 4 & LOT 5 |
| Fee | No |
| Geo Lon | -102.473965 |
| Street Name | 1st |
| Coming Soon | The West Dakota Inn features a 3-bedroom house and a 3-bedroom apartment for versatile accommodation options. The property also features a total of 15 hotel rooms,all fully equipped and ready for occ |
Interior Features
| Finished Below Grade SqFt | 0.00 |
|---|---|
| Total Finished SqFt | 8224.00 |
| Total Unfinished SqFt | 0.00 |
| List Price/SqFt | 72.84 |
Exterior Features
| Lot Features | Rectangular Lot |
|---|---|
| Lot Dimensions | 129.7x200 |
| Water Source | Public |
| Street Type | Street |
| MLS Identifier | 20210629130222546002000000 |
| Lot Acres | 0.5960 |
| Street Number | 708 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 58763
Price
Taxes
Visits
Year Built
Tax and special assessment figures are provided by the listing companies and are usually from the most recent tax bill, but buyer should verify amounts with appropriate governmental departments for accuracy and future estimates. New construction listings often have incomplete or no information on tax or special assessment estimates provided by listing companies, so they must be verified. Figures do not reflect any pending, proposed, or future special assessments which may be levied by governmental
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Last Updated: May 19, 2024 6:23 AM UTC
