508 Hwy 52 W new Save Request In-Person Tour Request Virtual Tour
Velva,ND 58790
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,420 sqft
Price per Sqft $58
MLS Listing ID 251060
Year Built 1973
Tax Year 2024
Property Sub-Type Commercial
Property Description
Endless Possibilities Await - Commercial Building in Velva, ND. Opportunity knocks in small-town North Dakota! This sprawling 7,420 sq ft commercial property, currently home to The Lariat bar, is ready for its next chapter. Conveniently located just off Highway 52 W in Velva, this 1973-built gem is an entrepreneur's dream, packed with character, functionality, and room to grow. Over the years, this building has proudly hosted some of Velva's memorable community events - from celebrations to gatherings that brought neighbors together. We hope the new owners will continue this legacy and keep the spirit of connection in the community alive. Inside, you'll find a rustic, spacious layout that includes: A full-service bar area with 2 sinks, a fireplace, and a giant walk-in cooler. A fully equipped salon/boutique space, offering income potential or creative expansion. Possibility for 2 kitchens to meet diverse business needs. 4 bathrooms and 1 shower. Ample storage rooms throughout. Recently painted in 2020. Major system updates include: New water and plumbing lines (2024) behind the bar. New double furnace (2020). New water heater (2019). New AC/HVAC outdoor condenser (2020). Whether you're looking to continue the legacy of The Lariat or reinvent this expansive property into something new - event venue, restaurant, retail hub, studio space, or all of the above - the potential here is limitless. Schedule your showing today and bring your vision to life in this one-of-a-kind community space!
Location
State ND
County Mchenry
Area Other City
Zoning C1
Interior
Heating Electric,Propane
Cooling Central
Exterior
Exterior Feature Loading Dock
Building
Sewer City
Water City