Motel Site in Growing North Mandan -...
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Motel Site in Growing North Mandan 2630 Old Red Trail NW - Mandan, ND - The Ridge Motel $1,300,000 - Includes FF&E DanielCompanies.com Bill Daniel, CCIM, Broker 701.220.2455 [email protected] Taylor Daniel, Commercial REALTOR® 701.391.4262 [email protected]
Transcript of Motel Site in Growing North Mandan -...
Motel Site in Growing North Mandan 2630 Old Red Trail NW - Mandan, ND - The Ridge Motel
$1,300,000 - Includes FF&E
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
Price: $1,300,000 - All Furniture, Fixtures, and Equipment
included
- 77 Rooms
- Class C Liquor License
Potential Uses:
- Renovate and keep as Hotel
- Conversion to Studio Apartments
- Addiction Rehab / Treatment Facility
- Assisted Living / Senior Facility
- Sports / Athletic Complex w/ Attached
Dorm Rooms (Room to build a gym).
- Renovate Portion for Restaurant / Pub
and demolish rear of building for
redevelopment taking advantage of
great views to the north.
- Corporate Retreat / Training Center
- Homeless Shelter
- Work Force Housing
- Demolish and redevelop site to Retail /
New Hotel / Association Headquarters
Execu�ve Summary for Sale
Parcel ID: 65-4549000
Address: 2630 Old Red Trail NW - Mandan, ND 58554
Property Name: The Ridge Motel
Price: $1,300,000 (Includes FF&E)
Lot Size: 157,500 sf / 3.62 acres
Gross Building Area: 39,336 sf
Year Built: 1983
Zoning: CB - Central Business District
Taxes 2017: $42,551.96 (Based on Total Market Value of $3,233,800.)
Specials: None
Broker does not guarantee the informa�on describing this property. Interested par�es are advised to independently verify the informa�on through
personal inspectors or with appropriate professionals.
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
2018 POPULATION
1,865
17,757
28,064
AVERAGE HH INCOME
$71,756
$71,745
$85,222
MEDIAN AGE
43.5
39.8
39.2
1 Mile
3 Mile
5 Mile
POSSIBLE FINANCIAL ASSISTANCE AND INCENTIVES: with the Flex PACE interest buy
down program, for building improvement programs such as the Commercial Remodeling
Exemption, as well as loan programs through the Lewis & Clark Regional Development Group.
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
Great Views to the North and North East!!
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
N. Mandan is the city’s newest developing area. Some major new additions include Mandan Middle
School, Walmart, Arby’s, Bennigan’s, Thrifty White Pharmacy, Multi-family housing, several hotel chains,
and more retail development planned.
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
DanielCompanies.com
Bill Daniel, CCIM, Broker
701.220.2455
Taylor Daniel, Commercial REALTOR®
701.391.4262
10,095
4,775
6,090
14,835
Vehicles Per Day
RETAIL • INVESTMENTS • OFFICE • INDUSTRIAL • SITE SELECTION • LEASING • BUILD TO SUIT • BROKERAGE
Serving commercial real estate clients with unmatched market knowledge, experience, and a well-
deserved reputa�on for integrity. They know the Bismarck-Mandan commercial real estate market
be"er than anyone. This powerful team delivers powerful results..
Bill Daniel, CCIM, Broker
701.220.2455
Kyle Holwagner, CCIM, SIOR
701.400.5373
Taylor Daniel, Commercial REALTOR®
701.391.4262
