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311 4th E Street, Napoleon, ND 58561
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$1,500,000
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Home Details for 311 4th E Street
Price
$1,500,000
Type
Commercial/Industrial
Year Build
1965
Sq. Ft.
44665
Lot Size
2.07
County
Logan
Tax
$25,955.2
MLS®️ Listing#
4020261
On exitrealty.com
152 days
Property Description
Incredible price improvement!! Explore the immense potential of this significant asset in Napoleon, where immediate income meets entrepreneurial freedom. This expansive former care facility has been strategically updated, with two modern additions currently operating as a thriving residential hub of twenty units. Ten apartments offer stable, long-term rental income to the 55+ community, complete with ten attached garage stalls, while 8 furnished short-term rentals provide flexible revenue from travelers and local contractors. The commercial core of the building awaits your vision, featuring a fully-equipped commercial kitchen with a walk-in fridge and freezer, a large and welcoming dining hall ready to become a community eatery or event space, and over 20 private rooms with individual sinks and toilets, perfect for conversion to offices, studios, or more housing. With independent heating and cooling for the residential wings, 3-phase power, a large-capacity 18,000-gallon propane tank, a full fire suppression system, and a 2-stall maintenance garage, the property's infrastructure is as robust as its potential. This is a rare opportunity to acquire an income producing property and become a cornerstone of the community.
- Heating Information
- Electric
- Forced Air
- Propane
- Cooling Information
- Central Air
- Water Features
- Public
- Garage
- 1
- Parking
- Attached
Listing Courtesy: Better Homes and Gardens Real Estate Alliance Group - 701-222-2217. Presented by: bis.rets.dean
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Great North MLS. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Great North MLS. All Rights Reserved.
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EXIT PREMIER REALTY
417 1st Ave E Ste 3, Williston, ND 58801
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$1,500,000
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EXIT PREMIER REALTY
417 1st Ave E Ste 3, Williston, ND 58801