Renovated Retail Space with
114 N 4 St Bismarck, ND
For Sale
Contact for pricing
Retail property featuring historic details, modern amenities, and garage access.
Property Size4,370 SF
Lot Size0.08 Acres
Price / SF$274.60
Days on Market244
Property Features for 114 N 4 St
General Information
- Standard status
- Active
- Size
- 4,370 SF
- Lot size
- 0.08 Acres
- Property subtype
- RETAIL
Properties For Sale
at 114 N 4 St Contact us
Listing Agency:
Aspen Group
(701) 400-7808
Listed By:
Michael Ilse · License #8214
(701) 400-7808
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:35AM
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 Aspen Group
Investment Insights
Based on property information with market context.
This retail property features historic details and Class A finishes following a 2018 renovation. The space includes large storefront windows and restrooms on both upper levels. A heated 500-square-foot garage offers alley access. Future improvements include a 6-inch water line for a fire suppression system. The 2021 taxes were $5,685.11. A tenant improvement allowance of $25,000 is available for a 5-year lease. The property offers 4,370 square feet of space.
Key Highlights
- $25,000 TI allowance for a 5‑year lease
- Heated 500 SF garage with alley access
- Class A finishes throughout
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.9k | $18.96 |
| − Vacancy | −$2.2k | −$0.49 |
| EGI | $80.7k | $18.47 |
| − OpEx | −$24.2k | −$5.54 |
| NOI | $56.5k | $12.93 |
4,370 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$807.0K
$706.1K – $941.5K
NOI $56,491 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$909.9K – $1.21M
NOI $72,794 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Yellow Stitch Boutique
Clothing & Fashion Store
Similar Off Market Nearby
- The Shop (Strohs House Of Plants) — 122 E Rosser Ave, Bismarck, ND 58501
- Crabapple Floral — 200 N Mandan St, Bismarck, ND 58501
- Concrete Daisiez, LLP — 222 N 4th St Suite #203, Bismarck, ND 58501
FAQs
What type of property is this?
Storefront property - Retail property featuring historic details, modern amenities, and garage access.
Where is this storefront property located?
The property is located at 114 N 4 St Bismarck, ND.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $25,000 TI allowance for a 5‑year lease; Heated 500 SF garage with alley access; Class A finishes throughout
