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 Market1360
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
114 N 3rd St
$9/SF/Yr
Floor
1
Size
2,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The historic Prince Hotel building offers both main floor commercial and upper floor residential opportunities.
- Store front located on 3rd Street offers high visibility, great signage, and shelled conditions for mixed use retail/professional services or a restaurant/lounge.
- Lease application may be required.
- New store front with ample daylight windows
- Shelled condition
- Excellent signage
- Located near parking ramp
- High traffic downtown area
- Individual restroom build-out required per unit
- Taxes (2025): $2,017.72
- Specials- Installments: $1,889.85 / Balance: $10,835.12
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: Oct 25
Last Checked: Oct 30 at 11:59AM
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.
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
Who owns this building?
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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
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Bismarck, ND
$19.36 /SF/Yr
Avg Asking Price
$12.22–$26 /SF/Yr
Price Range
6,585 SF
Avg Space Size
This space is priced 54% below the average of $19.36 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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.
