For Sale

The Lariat Bar and Grill

103 1st Street North,
Rutland, ND 58067

Asset Snapshot

2009
Year Built
1
Building Count
8960.00 Acres
Land Area

Offering Summary

Investment Overview

Established Bar and Grill with Multiple Income Opportunities! The Lariat Bar and Grill offers a great opportunity for an entrepreneur looking to own a community gathering place with a customer base that reaches beyond Rutland. Built in 2009, this 4,500 sq ft property features a spacious dining area, large commercial kitchen, inviting bar area and covered outdoor patio seating. It also has a community room that provides opportunities to host birthday parties, private gatherings, community meetings and other special events. The business currently has an on sale and off sale liquor license, along with gaming machines that provide an additional source of income. The building features propane floor heat, propane forced air heat and central air conditioning. Located in the heart of the Prairie Pothole Region, The Lariat is positioned to serve not only Rutland but also surrounding communities including Forman, Gwinner, Havana, Cayuga, Lidgerwood and Britton, SD. Its proximity to Silver Lake Recreation Area, just a few miles away, along with the region's popular hunting, fishing, camping and outdoor recreation opportunities, provides the potential to attract customers throughout the year. Whether you are looking to continue operating a community bar and grill or bring your own ideas to the business, The Lariat offers the space, amenities and opportunity to become part of a community while drawing customers from a larger surrounding area.


Area Overview

Rutland, ND is located in southeastern North Dakota in Sargent County, surrounded by the scenic Prairie Pothole Region known for its abundant wildlife, hunting, fishing and outdoor recreation opportunities. The community is conveniently located within reach of Forman, Gwinner, Havana, Cayuga, Lidgerwood and Britton, SD, providing access to a regional population beyond Rutland itself. Just a few miles from town, Silver Lake Recreation Area attracts campers, anglers, boaters and outdoor enthusiasts.  The surrounding area is also known for its waterfowl and deer hunting, bringing recreational visitors to the region during hunting seasons. This combination of neighboring communities, agricultural activity and seasonal recreation provides opportunities for businesses to serve local residents, area workers and visitors alike. The Lariat Bar and Grill is well positioned to benefit from this broader regional market while serving as a gathering place for Sargent County.


Highlights

  • Established Bar and Grill serving Rutland, ND and surrounding communities

  • 4,500 Sq Ft Facility built in 2009

  • On Sale and Off Sale Liquor License currently held by the business

  • Additional Gaming Revenue from gaming machines

  • Large Commercial Kitchen equipped for restaurant operations

  • Spacious Dining and Bar Area with room for customers and gatherings

  • Covered Outdoor Patio providing additional seasonal seating

  • Private Community Room available for parties, meetings and special events

  • Multiple Revenue Opportunities including food, beverages, gaming and event rentals

  • Efficient Heating and Cooling with propane in floor heat, propane forced air heat and central AC

  • Regional Customer Potential serving Forman, Gwinner, Britton, SD and surrounding communities

  • Prime Recreational Region near Silver Lake and the Prairie Pothole Region's hunting and fishing destinations


How it Works

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Listing Syndicated From

RealNex
Accepting Offers
$275,000
Asking Price

Investment Sales Broker

James Jensen
REMAX Now

Market Insights