Historic Downtown Retail Space
For Lease
Contact for pricing
114 N 3rd St, Bismarck, ND
Retail or restaurant space in historic Prince Hotel building.
Space Size2,500 SF
Lot Size0.24 Acres
Days on Market1315
Property Features for 114 N 3rd St
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.24 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 114 N 3rd St Contact us- Floor
- 1
- Size
- 2,500 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
114 N 3rd St $9/SF/Yr
- The historic Prince Hotel building offers both main floor commercial and upper...
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Contact us
Listing Agency:
The CRA Group
(701) 400-5373
Listed By:
Brett Bina · License #10592
(701) 527-9101
Source:
Moodyscre
Added: Feb 9, 2023
Changed: Sep 15
Last Checked: Sep 15 at 11:52AM
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
Investment Insights
Based on property information with market context.
Located in the historic Prince Hotel building, this commercial space offers opportunities for main floor retail or upper floor residential use. The storefront, situated on 3rd Street, benefits from high visibility and excellent signage. The space is in shelled condition, suitable for mixed-use retail, professional services, or a restaurant/lounge. The property features a new storefront with ample daylight windows. Individual restroom build-out is required per unit. The location is in a high-traffic downtown area and near a parking ramp. There are two spaces available. Taxes for 2023 were $2,142.88, with specials installments of $143.99 and a balance of $863.96. A lease application may be required.
Key Highlights
- High visibility storefront location on 3rd Street in a high‑traffic downtown area.
- Shelled condition allows for customizable build‑out for mixed‑use retail, professional services, or restaurant/lounge.
- Excellent signage opportunities.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,066
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Bismarck, ND
$17.76 /SF/Yr
Avg Asking Price
$12.22–$23.31 /SF/Yr
Price Range
6,563 SF
Avg Space Size
This space is priced 49% below the average of $17.76 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail or restaurant space in historic Prince Hotel building.
Where is this retail space located?
The property is located at 114 N 3rd St Bismarck, ND.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: High visibility storefront location on 3rd Street in a high‑traffic downtown area.; Shelled condition allows for customizable build‑out for mixed‑use retail, professional services, or restaurant/lounge.; Excellent signage opportunities.
