Turnkey Bar + Mixed-Use | 3 Apts + Rental Rooms
Turnkey Bar + Mixed-Use Building | 3 Apartments + Income Potential
Marketing description
Turnkey Bar + Mixed-Use Investment Opportunity in Downtown Tioga
Model Tavern presents a unique opportunity to acquire a fully operational bar along with an income-producing mixed-use property in the heart of Tioga, ND. Established for over 70 years and known as “Where Good Friends Meet,” this property combines a longstanding business with multiple revenue streams.
The offering includes the real estate, business, inventory, and all furniture, fixtures, and equipment (FF&E), allowing for immediate operation.
The main level features a well-established bar and lounge with strong local presence. The upper level includes three residential apartments that are currently occupied, along with two additional private rooms that are not currently rented, providing immediate opportunity to increase income.
In addition to bar operations, the property generates revenue from residential rentals and gaming machines (buyer to verify), creating diversified income under one roof.
Additional features include an outdoor patio area ideal for seasonal use and a prime Main Street location with strong visibility.
This property is well-suited for an owner-operator or investor seeking a mixed-use asset with established income and value-add potential.
Offered at $250,000
Financials available with a signed NDA.
Investment highlights
Financials can be available with a signed NDA
The main bartender would love to be able to stay as she has worked for Model Tavern for years and years. She opens everyday and is extremely knowledgeable about the business. There is 3 employees including her.
1 bedroom, 1 bathroom, with laundry on the main floor apartment currently being rented out for $650 2 bedroom, 1 bathroom, with laundry upstairs currently being rented out for $650 There is 2 separate rooms and a studio type with kitchenette also upstairs with a shared 3/4 bathroom. That is not rented.
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