Historic Downtown Retail Space
For Lease
Contact for pricing
114 N 3rd St, Bismarck, ND
Retail or restaurant space in historic Prince Hotel building.
Property Size2,500 SF
Lot Size0.24 Acres
Days on Market1269
Property Features for 114 N 3rd St
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.24 Acres
Property subtype
RETAIL
Listing Agency:
The CRA Group
(701) 400-5373
Listed By:
Kyle Holwagner · License #ND 9182
Source:
Moodyscre
Added: Feb 9, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:23AM
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
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,711
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for Bismarck, ND
$18.39 /SF/Yr
Avg Asking Price
$15–$23.31 /SF/Yr
Price Range
2,506 SF
Avg Space Size
This space is priced 51% below the average of $18.39 /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.
