FOR SALE BY OWNER
Posted:
Stanton, ND

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314 , 4 th St -- Stanton, ND
MOTIVATED SELLER

Now for sale the Riverdale Inn Hotel, established business of 20 years in a lake side community.

Owner is retiring. After 20 years of running a successful hotel, meeting wonderful people and remodeling, its time to retire and turn it over to new energy. This unique, one of a kind hotel is currently open, busy, making money and will produce income for you on day one.

The Riverdale Inn Hotel is extremely clean and well maintained with an inviting lobby and stunning design elements in each room that boasts a feeling of home which is what makes it the perfect hotel! There are 8 suites - each with its own full kitchen including a full size refrigerator, microwave, stoves - 6 rooms have new stoves and 2 rooms have new digital glass cooktops. Coffee makers, drip and Keurig in each room, toasters, electric can openers, cabinets filled with pots, pans, dishes, silverware, etc. Rooms have living, dining and sleeping areas that are exceptionally comfortable which equals happy customers.

Within 1 mile of Lake Sakakawea for all the summer fun of boating, swimming and some of the best fishing in the United States. There is a boat ramp conveniently located right in Riverdale at Government Bay with a fish cleaning station nearby. Also close by is a boat ramp at the Missouri river by the dam and a lake boat ramp in Sakakawea state park.

Riverdale is a quiet little city built by the Army Corp of Engineers when they built the dam. It is the perfect location for family get togethers and has been the place for weddings at the overlook and receptions nearby. Take advantage of that and create your bookings accordingly. This hotel caters to every guest travelers, family and friends of the neighborhood here, hunters, fisherpersons, business travelers, workers that could be here from a few days to weeks or even months. We are centrally located amidst several plants energy, coal mines, gasification plant and more.

Lets not forget golfing as Riverdale offers a golf course too as well as a kiddie pond for the whole family, stocked every year by the Fish and Game. There is so much to do in this and surrounding areas

This hotel has a great reputation and goodwill, super online reviews and repeat customers. There are solid business operation procedures already in place and is run the way a proper hotel should be to insure guest satisfaction. It offers free high speed internet, smart tvs with cable and some streaming options. Also available is laundry facilities.

Reviews on Google, Facebook, Expedia

The location is good, the value is good. A major 5 yr. project at the dam in the near future makes this a very good buy.

The sale will include everything in the hotel. All furnishings, tools, office equipment, appliances, etc. Full list is available.

Corner lot lot size 117.54x103.97x117.54x115.61 appr 12,744sq ft or .29acres

3 levels 1680 sq feet each for a total of 5040 sq feet.

The two top floors are the 8 units. Each of the 8 units are different sizes with 4 being an open floor plan and 4 having a separate bedroom. So if you are looking at this for use as an apartment building you would have 4 studio apts. and 4 one bedroom apts. Each unit having its own separate fuse box.

The third level is a full basement with 8 separate storage units, one for each apartment that includes washer and dryer hook ups and a fuse box plus lighting.

Currently the basement houses a tool room, guest laundry room with a washer, dryer and folding table , office, lobby and 2 housekeeping rooms with 2 washers and 2 dryers to keep up with the busy pace

Garages - row of 8, building is 80 x 24 - 1920 sq ft . Each garage has its own electrical outlets and lighting.

Basement - concrete floor, block wall

Heating - hot water baseboard heaters in all rooms plus 3 in the basement

Flooring - natural hardwood and laminate. Two sets of oak stairs with carpet runners.

Cooling- ceiling fans and window A/C

Utilities natural gas, electric, sewer, water, trash, cable and internet.

Many improvements over the years and recently, new roof , attic insulation , replaced select sewer pipes, remodeled rooms plus new showers, new laminate floor in 2 rooms, 32,000 in new electrical, 21,000 plumbing, fresh paint and more.

Please call for more information and to schedule an appointment to see the property.

You do not need to pay commission to a realtor to view this property.

Thank you for your time.

Call -Patty West

Riverdale Inn LLC

314 4th Street

Riverdale, ND 58565

Details

Lot Size (Acres)0.29

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