Built-Out Restaurant with
For Sale
Contact for pricing
108 N Mandan St, Bismarck, ND 58501
Built-out bar and commercial kitchen with rear entrance, office/storage access, and ADA restrooms.
Property Size2,912 SF
Price / SF$154.53
Days on Market180
Property Features for 108 N Mandan St
General Information
Standard status
Active
Size
2,912 SF
Property subtype
RETAIL
Additional Details
Utilities to Site
Yes
Amenities
Waiting/reception area
Built-out bar area
Kitchen with rear entrance
Office with access to storage area
Men's/Women's ADA restrooms
Listing Agency:
The CRA Group
(701) 400-5373
Listed By:
Brett Bina · License #10592
(701) 527-9101
Source:
Moodyscre
Added: May 5
Changed: Oct 25
Last Checked: Oct 30 at 6:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The CRA Group
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Investment Insights
Based on property information with market context.
This built-out restaurant bar includes a waiting/reception area and a dedicated bar setup, along with a kitchen featuring a rear entrance. The interior layout also provides an office with access to a storage area. Restroom facilities include ADA men's and women's restrooms.
Located at 108 N Mandan St in Bismarck, ND 58501, the property lists average monthly utilities of $265 for gas and $510 for electric. Taxes (2025) are reported at $4,590.26, with specials shown as $381.36 in installments and a remaining balance of $1,525.46.
Located at 108 N Mandan St in Bismarck, ND 58501, the property lists average monthly utilities of $265 for gas and $510 for electric. Taxes (2025) are reported at $4,590.26, with specials shown as $381.36 in installments and a remaining balance of $1,525.46.
Key Highlights
- Waiting/reception area for guest and customer entry
- Built‑out bar area plus commercial kitchen with rear entrance
- Office with access to a storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,908
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,160
$698.2K
Cap Rate 7%
$498,686
$498.7K
Cap Rate 9%
$387,867
$387.9K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$49.6K $17.04/SF
− Vacancy
−$3.1K −$1.06/SF
EGI
$46.5K $15.98/SF
− OpEx
−$11.6K −$4.00/SF
NOI
$34.9K $11.99/SF
Area
Burleigh County, ND
Vacancy
6.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,160
Cap Rate 7%
$498,686
Cap Rate 9%
$387,867
Alternative Uses
Best Use
Specialty Retail
$498.7K
$436.4K – $581.8K
NOI $34,908 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$693.0K
$606.3K – $808.5K
NOI $48,507 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,555
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 58501, ND
28,388
Population
13,445
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
95%
High-School Grad
22.8 sq mi
ZIP Area
1,245
Density / Sq Mi
$69,796
Median Household Income
$45,237
Median Earnings
$938
Median Rent
$276,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Ground Round Grill & Bar — 526 S 3rd St, Bismarck, ND 58504
- Starbucks — 600 S 7th St, Bismarck, ND 58504
- Big Dog Distillery — 307 s 3rd st, bismarck, nd 58501
- Big Dog Distillery & Tiki Bar — 307 S 3rd St, Bismarck, ND 58501
- Sidelines Sports Bar — 300 S 5th St, Bismarck, ND 58504
Frequently Asked Questions
What type of property is this?
Bar & Pub - Built-out bar and commercial kitchen with rear entrance, office/storage access, and ADA restrooms.
Where is this bar & pub located?
The property is located at 108 N Mandan St Bismarck, ND.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Waiting/reception area for guest and customer entry; Built‑out bar area plus commercial kitchen with rear entrance; Office with access to a storage area
