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    118-124 N 4Th St Bismarck, ND 58501

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    For Lease
    $16 SF/Yr ($7,200 /Mo)

    Charming retail space with high visibility and restaurant potential.

    Property size:
    5,400 SF
    Lot size:
    0.16 Acres

    Property Features for 118-124 N 4Th St

    General Information

    Size
    5,400 SF
    Lot size
    0.16 Acres

    Source: The CRA Group Agent Kristyn Steckler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Bismarck Retail Opportunity

    This retail space is located in downtown Bismarck, offering exceptional signage and visibility. The versatile space is equipped with a cook line hood and plumbing, providing a foundation for a small restaurant, café, or bakery. It also features a spacious office or meeting room suitable for private gatherings or business meetings. The property benefits from high foot traffic and easy access to a customer base. The space includes men's and women's restrooms, large storefront windows, and an awning over the sidewalk. The property has high ceilings and a 3,000 square feet undeveloped basement. A 2014 renovation included fire suppression throughout the entire building. The property is one block north of Main Avenue and has a Walk Score of 88. The taxes for 2023 were $17,543.25 for the entire building, with specials installments of $565.93 and a balance of $2,260.44. The estimated NNN costs are $1.84 per square foot. The property size is 5,400 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7864834
    Latitude
    46.8062801

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    FAQs

    What type of property is this?
    Retail space - Charming retail space with high visibility and restaurant potential.
    Where is this retail space located?
    The property is located at 118-124 N 4Th St Bismarck, ND.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location with high foot traffic and visibility.; - Equipped with a cook line hood and plumbing, ideal for a restaurant, café, or bakery.; - Spacious office/meeting room suitable for private gatherings or business meetings.
    (701) 400-5373
    Request Owner's contact information
    118-124 N 4Th St Bismarck, ND 58501
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    Bismarck, ND 58501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118-124 N 4Th St Bismarck, ND 58501
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