For Sale

Established Bar, Grill & Event Venue | Business + Real Estate

11 Main Avenue,
McLeod, ND 58057
Represented by
REMAX Now

Asset Snapshot

2012
Year Built
2022
Year Renovated
1
Floor Count
1
Building Count
0.55 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

The Silver Prairie Saloon offers the opportunity to acquire an established bar, grill and event venue along with the real estate at 11 Main Avenue in McLeod.This longtime, family owned business has grown steadily over the years into a well known gathering place for McLeod and the surrounding area. The property includes more than 5,800 square feet of space with an established bar and dining area, commercial kitchen, attached event center and dedicated liquor storage.The original bar was constructed in 2012, followed by the addition of the event center in 2016 and a liquor storage room in 2022. The property sits on more than half an acre and also features a large outdoor patio with a firepit, creating additional space for dining, gatherings and seasonal events.Silver Prairie Saloon has developed a loyal customer base and is known for steaks, prime rib, walleye and traditional supper club fare. In addition to food and beverage sales, the business benefits from multiple revenue sources, including event rentals, gaming machines and an ATM.The combination of an established operating business, commercial real estate, event space and multiple income streams provides a new owner with the opportunity to continue building on an already recognizable local name.The business and real estate are being offered together. Liquor licensing, gaming arrangements and other operating agreements are subject to applicable approvals and transfer requirements.


Area Overview

McLeod is a small rural community in Ransom County located within the Sheyenne National Grassland and along North Dakota Highway 27 east of Lisbon. The surrounding area is known for its distinctive sandhills, natural prairie and outdoor recreation.The Sheyenne National Grassland encompasses more than 70,000 acres of public land and draws visitors for hunting, hiking, horseback riding, birding, camping, fishing and access to the Sheyenne River. The North Country National Scenic Trail also passes through the grasslands.McLeod serves as a gathering point for residents, hunters, outdoor enthusiasts and visitors traveling through the surrounding agricultural and recreational area. Its setting provides the Silver Prairie Saloon with a unique rural destination location and access to customers from throughout southeastern North Dakota.


Highlights

            Business and Real Estate Included

  • 5,800+ SF Bar, Grill and Event Venue

  • Established Operating Business

  • Attached Event Center

  • Commercial Kitchen

  • Multiple Revenue Streams

  • Large Outdoor Patio with Firepit

  • Over Half an Acre

  • Recognizable Local Name and Customer Base

  • Opportunity for Continued Growth


How it Works

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Listing Syndicated From

RealNex
Accepting Offers
$595,000
Asking Price

Investment Sales Broker

James Jensen
REMAX Now

Market Insights