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Hook Line & Sinker 798 Co 21 rd

12,500 SF 100% Leased Retail Building Beulah, ND 58523 $1,300,000 ($104/SF)

Executive Summary

Hook Line & Sinker is a bait and tackle shop for sale in Mercer County, North Dakota. This business includes a restaurant area, gas and diesel pumps, a large shop building, a 1,800-square-foot home, and a convenience store.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,500 SF
Building Class
B
Year Built
2007
Price
$1,300,000
Price Per SF
$104
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Land Acres
12.12 AC
Frontage
240 FT on North Dakota 200

About 798 Co 21 rd , Beulah, ND 58523

The Hook Line & Sinker is located in Beulah, ND and just 15 miles from the famous Lake Sakakawea on the Missouri River system. This is an outstanding opportunity to own a profitable bait and tackle shop along with restaurant area, gas and diesel pumps, four offices, large shop, owners home, garage, extra trailer home to rent, RV hookups and dry storage area. Land This property consists of 12 acres zoned commercial, and endless opportunity with Highway Frontage! Highway 200 runs along the south portion and County Road 21 runs west. This property is turnkey. All appliances and furniture for the bait shop and restaurant are included. The owner leases out four offices and the 60 X 40 shop. The tenet has been their for 12 years and pays $1,750/month and is on a month to month basis which includes some of the un-used acres out back to park trucks. The restaurant area is not currently rented out , but comes complete with commercial kitchen, chairs, tables, cooler, sinks, and can seat up to 50 people. The dry storage area is a warehouse that the owner leases out for winter storage of boats, campers, or equipment. They get $250 for a 5 month storage season and could be increased by the new owner. There is more income opportunity to rent out the 10 RV spaces that are located at the backside of the property. Improvements MORE FACTS: 12- Acres zoned commercial. 12,500 Sq/ft commercial building. 2-10,000 gal gasoline storage tanks above ground. 1-8,000 gal diesel storage tank above ground. 10 fuel pumps. 2007 – 1,800 sq/ft 3 bed/ 2 bath owner/manage home with new roof and siding, 2 car garage, 10×40 shop and lean-to. Garden shed and 2 bed/ 1 bath single wide trailer that the gets $600/month rent. 10- RV or truck hook ups with own septic system and power. All the LP tanks are owned and transfer with sale. Beer and gambling permit will transfer pending all county and state requirements. All coolers, freezers, shelving, live bait tanks, permits, and equipment except for the coolers that coke and pepsi own will transfer. Recreation The lake is named after the female Shoshone guide Sakakawea who led the Lewis & Clark expedition north on the Missouri River during their journeys through this area at the start of the 19th century. Lake Sakakawea and Garrison Dam are located in McLean and Mercer counties, 75 miles north of Bismarck, ND, amongst the rolling prairie and badlands of Western North Dakota. Lake Sakakawea is the third largest man-made lake in the United States at 178 miles long, with over 1,500 miles of shoreline. Impounded by the Garrison Dam on the Missouri River, Lake Sakakawea has a surface area of 307,000 acres, maximum depth of 180 feet. There are 12 different species of fish in Lake Sakakawea with the most notable are the Walleye, Northern Pike, Smallmouth Bass, Sauger, Rainbow Trout, Crappie, Perch, Chinock Salmon, and Paddlefish. There is something for every angle of any age. North Dakota has vibrant, wild ring-necked pheasant populations, plus duck and goose hunting in the Central Flyways headwaters can be off the charts. Enjoy the best of both worlds – ravenous ducks and geese decoying by morning and colorful, cussing-while-they-flush ring-neck roosters by afternoon! Location New development is occurring around the property which will increase traffic to the area. Over the next 3 years should be additional 2,000 workers in town with new natural gas plant projected to be coming to the area. For a private showing , please call the listing agent. Features Development Potential Fishing House/Cabin Income Producing Outbuilding/Barn/Shed/Shop Recreational Business State Hunting Unit: HD-382 Land Details Address: 798 County Road 21, Beulah, North Dakota 58523, USA Closest Town: Beulah Total Acres: 12.00 Deeded Acres: 12.00 Leased Acres: 0.00 Zoning: Commercial Topography: Level Include Business?: Yes Estimated Taxes: $4,519 - 2022 Source of lot size: Assessor/Tax Data Building Details Homes: 2 Style of Home(s): Manufactured Finished Sq. Ft.: 1800 Bedrooms: 5 Full Bathrooms: 3 Basement: None Parking Types: Detached Garage Outbuildings: 4 Types of Outbuildings: Other Improvements: Commercial building Cooling Systems: Forced Air Cooling Heating Systems: Forced Air

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-144-88-00-12-602
Land Assessment
$15,600
Improvements Assessment
$236,250
Total Assessment
$251,850
  • Listing ID: 29810941

  • Date on Market: 10/17/2023

  • Last Updated:

  • Address: 798 Co 21 rd, Beulah, ND 58523

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