702 4th Street SE, Crosby, ND 58730
Divide County
Key Facts
Description
The Red Rooster Cafe, as many people know this local gem was a family run business for over 30 years. This cozy establishment is a great business opportunity for someone looking to own and operate a small turn-key restaurant with local love already established. With 1,644 finished square feet including dinning area and kitchen. The original building was built in 1920 with the addition to the back room dinning area added in 2001. The building is for sale and is currently being leased by another business on a month to month basis. This spacious and well maintained building has everything you need to run a successful restaurant including all necessary equipment and inventory. To name a few items, 20 tables, over 100 chairs, kitchen equipment, freezers, fridges, industrial dishwasher, steam tables (detailed list available upon request) a few updates include a new roof in 2019, fresh interior and exterior paint in 2020, new fryers installed in 2019, new counter and countertops installed in 2021, a new gas grill in 2014 and a brand new water heater just installed in 2025. The furnace was replaced in the last 10 years and the building includes 2 central air units. There is 551 square foot basement with multiple freezers and storage, the spacious parking lot equals 4,200 square feet. This is an excellent opportunity for someone looking for an investment or to dive into the food service industry in a supportive small-town environment with needed restaurant variety. Give me a call today for more information or schedule a showing!
Property Information
Property Type
Commercial Sale
Year Built
1920
Living Area
1,644 sq ft
Lot Size
0.23 acres
Lot Dimensions
80X297
MLS® Listing#
4023924
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Fencing
Lot Features
Construction
Roof
Windows
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$1,018
Parcel Number
0000-77801-000
Affordability Calculator
$24,000
Estimated monthly payment
$639/mo
Principal $96,000 · Est. interest $133,929 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Crosby, ND
- $250,000
- Median Listing Price
- 104
- Median Days on Market
- 1,694
- Median Sq Ft
- $119
- Median Price / Sq Ft
- 8
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Crosby, ND.
Location
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Points of Interest in Crosby, ND
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 608 Main Street S, Crosby, ND | $85,000 | 4 | 3 | 1,037 |
| 403 2nd Street NE, Crosby, ND | $118,000 | 2 | 1 | 900 |
Moving Cost Estimate
EXIT Agents in Crosby
Listing Courtesy: Basin Brokers Realtors - 7015725560
Presented by: Samantha Berntson