$1,182,098
24 1st Avenue E
Williston, ND 58801
MLS# 4022428
11512 sqft


Electric & Mag
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Property Description
Business for Sale - Electric and Magneto Inc. | Established 1946 | Williston, ND An exceptional opportunity to own a well-established and trusted service business in the heart of Williston, North Dakota. Electric and Magneto Inc. has been serving the region with pride and expertise since 1946, earning a strong reputation and loyal customer base across multiple industries. This turnkey operation specializes in the sales and service of electric motors, magnetos, small engines, portable generators, home standby generators, starters, alternators, diesel pumps, diesel injectors, and gas injectors. With nearly 80 years of continuous operation, the business is positioned for both continued success and growth under new ownership. The business currently operates from a leased commercial building owned by the seller's in a separate partnership. The real estate may be negotiated as part of the overall transaction, offering potential buyers the added benefit of owning both the business and property. Whether you're an industry professional looking to expand or an investor seeking a solid, cash-flowing operation with legacy roots, this is a rare opportunity to acquire a respected name in the Williston market. Financials, equipment list, and lease details available upon request to qualified buyers.

Details
Maps
Contract Information
List Price/SqFt: 102.68
Price Type: Sale Only
List Price: $1,182,098
Current Price: $1,182,098
Date Listed: 2025-10-08
Remarks
Public Remarks: Business for Sale - Electric and Magneto Inc. | Established 1946 | Williston, ND An exceptional opportunity to own a well-established and trusted service business in the heart of Williston, North Dakota. Electric and Magneto Inc. has been serving the region with pride and expertise since 1946, earning a strong reputation and loyal customer base across multiple industries. This turnkey operation specializes in the sales and service of electric motors, magnetos, small engines, portable generators, home standby generators, starters, alternators, diesel pumps, diesel injectors, and gas injectors. With nearly 80 years of continuous operation, the business is positioned for both continued success and growth under new ownership. The business currently operates from a leased commercial building owned by the seller's in a separate partnership. The real estate may be negotiated as part of the overall transaction, offering potential buyers the added benefit of owning both the business and property. Whether you're an industry professional looking to expand or an investor seeking a solid, cash-flowing operation with legacy roots, this is a rare opportunity to acquire a respected name in the Williston market. Financials, equipment list, and lease details available upon request to qualified buyers.
Location
Sub Area: Williston City SE
Street Number: 24
Street Name: 1st
Street Type: Avenue
Street Direction Sfx: E
Area: Williston City
State: ND
Zip Code: 58801
County: Williams
Legal, Tax and Other Information
Taxes: 4805.97
Tax Year: 2024
Specials Installment: TBD
Specials Balance: 873.29
Pending Specials: No
Zoning: M-1
Parcel ID: 01-001-00-00-37-400
Legal Description: City of Williston; L 17 THRU 24 B 17 ORIGINAL TOWNSITE
General Property Information
Lot SqFt: 28000
Lot Acres: 0.643
Sub Type Details: Business Only
Lot Dimensions: 200x140
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 11512
Finished Below Grade SqFt: 0
Garage: Yes
Accessibility Features: No
Fee: No
Property Sub Type: Commercial
Year Built: 1977
Total Finished SqFt: 11512
Business Type
Auto Repair-Specialty: 1
Retail: 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Lot Features
Lot - Owned: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Status Change Info
Status: Active
Property Features
Business Type: Auto Repair-Specialty; Retail
Cooling: Central Air
Heating: Forced Air
Water Source: Public
Sewer: Public Sewer
Lot Features: Lot - Owned

Listing Office: eXp Realty

Office Phone: 612-751-9303

Last Updated: October - 22 - 2025

Information deemed reliable but not guaranteed.