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Model Tavern 19 N Main St

4,190 SF Retail Building Tioga, ND 58852 $289,900 ($69/SF)

Investment Highlights

  • Main St visability
  • Turnkey business
  • Beloved lounge and bar with a rich history of 70 years of family ownership

Executive Summary

Introducing Model Tavern, a beloved lounge and bar with a rich history of 70 years of family ownership. Known as the place ''Where good friends meet,'' this turnkey business is now available for sale, offering a unique opportunity for a new owner to continue its legacy. Located in the heart of Tioga, ND with prime main st visibility. This sale includes the real estate, inventory, and all furniture, fixtures, and equipment, making it easy for a new owner to step in and start running the business immediately. Additionally, the bar generates rental income from gaming machines and 3 apartments on the property, providing additional revenue streams. Model Tavern boasts an inviting outdoor patio, perfect for hosting events like corn hole tournaments and attracting patrons looking to enjoy the fresh air. The property has been well-maintained with newer siding, gutters, furnaces, and central air units, ensuring a comfortable and attractive environment for customers. Don't miss this opportunity to own a piece of local history and continue the tradition of the Model Tavern. Contact your favorite Realtor today to learn more and schedule a viewing.

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes $3,057,192 $729.64
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual $3,057,192
Annual Per SF $729.64
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $3,057,192
Annual Per SF $729.64

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
4,190 SF
Year Built
1915
Price
$289,900
Price Per SF
$69
Building Height
3 Stories
Building FAR
1.22
Lot Size
0.08 AC
Zoning
C

About 19 N Main St , Tioga, ND 58852

Introducing Model Tavern, a beloved lounge and bar with a rich history of 70 years of family ownership. Known as the place ''Where good friends meet,'' this turnkey business is now available for sale, offering a unique opportunity for a new owner to continue its legacy. Located in the heart of Tioga, ND with prime main st visibility. This sale includes the real estate, inventory, and all furniture, fixtures, and equipment, making it easy for a new owner to step in and start running the business immediately. Additionally, the bar generates rental income from gaming machines and 3 apartments on the property, providing additional revenue streams. Model Tavern boasts an inviting outdoor patio, perfect for hosting events like corn hole tournaments and attracting patrons looking to enjoy the fresh air. The property has been well-maintained with newer siding, gutters, furnaces, and central air units, ensuring a comfortable and attractive environment for customers. Don't miss this opportunity to own a piece of local history and continue the tradition of the Model Tavern. Contact your favorite Realtor today to learn more and schedule a viewing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-000-00-03-04-055
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$43,326
Annual Taxes
$3,057,192 ($729.64/SF)
Tax Year
2023 Payable 2024
  • Listing ID: 32126727

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 19 N Main St, Tioga, ND 58852

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