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708 1st Street N New Town, ND $ 599,000
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$ 599,000 Get more info
708 1st Street N
$ 599,000
Back to search
Share Save

708 1st Street N

New Town, ND, 58763
$ 599,000
Baths0.0 Sq 8,224

Monthly Estimate*

$ 4,184

708 1st Street N, New Town, ND 58763 - Image 1
708 1st Street N, New Town, ND 58763 - Image 2
708 1st Street N, New Town, ND 58763 - Image 3
708 1st Street N, New Town, ND 58763 - Image 4
708 1st Street N, New Town, ND 58763 - Image 5
Studio

Commercial Property for sale in New Town, ND

for $599,000. This 8,224 square foot building was built in 1981 on a lot size of 0.596.

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!

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Commercial Active

Price

$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,427

Style

Commercial

Lot Size

0.596

Year Built

1981

Town/City

New Town

County/Region

Mountrail

MLS | Web ID

4010175
Features
General
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
Legal Description RE-ARGMNT BLKS 6-7-8 HIGHLAND VILLAGE S1/2 of LOT 4 & LOT 5
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
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Exterior
Lot Features Rectangular Lot
Lot Dimensions 129.7x200
Water Source Public
Lot Acres 0.5960
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* Excluded Features
List By
Katie Walters

Listing Agent

Paramount Real Estate Llc

Broker

(701) 339-3311

Phone

katie@your701agents.com

Email

Affordability Calculator

$4,303
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,184
Monthly Property Taxes
$119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2403247 Elementary School
2403252 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/5/2023$599,000 Listed Price

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708 1st Street N, New Town, ND, 58763 is a Commercial Property for sale at $599,000 with 8,224 sqft and a lot size of 0.596. 708 1st Street N is a studio with 0.0 baths and was built in 1981. The property's zip code is 58763 which is in New Town, ND

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