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$435,000
Est. payment /mo
7,420 SqFt
UPDATED:
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
Lot Dimensions 27850
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
Interior Features Handicap Access, Private Restrooms
Heating Electric, Propane
Cooling Central
Heat Source Electric, Propane
Exterior
Exterior Feature Loading Dock
Building
Lot Size Range Less
Sewer City
Water City
Others
Tax ID 55-0023-11132-000
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Listed by BROKERS 12, INC.
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DelRae Zimmerman
Broker Associate | License ID: 7065
Broker Associate License ID: 7065