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Downtown Office Suite with Conference Room
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418 E Broadway Ave, Bismarck, ND 58501

Office suite features five private offices, a large lobby, and a conference room with a separate corridor entrance.

Property Size2,408 SF
Days on Market631

Property Features for 418 E Broadway Ave

General Information

Standard status Active
Size 2,408 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

Secure Building
Common Conference Room
Elevator
Directory and Door Signage
Listing Agency: Rise Property Brokers
Listed By: Adam Geiger, CCIM · License #10233
Source: Moodyscre
Added: Nov 8, 2024 Changed: Jul 27 Last Checked: Jul 31 at 9:07AM

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 Rise Property Brokers

Investment Insights

Based on property information with market context.

This downtown office suite is positioned near the main entrance and includes five private offices, a large lobby with a waiting area and built-in reception desk, and a break room with sink and cabinets. The suite also offers a large conference room with cabinets, plus a separate entrance into the main corridor. Additional interior improvements noted include cabinets in the main hallway, along with directory and door signage.

The building is secured and includes an elevator. The 2nd floor includes two restrooms, and the lower level also includes two restrooms. A common conference room is located on the 2nd floor, supporting day-to-day meetings and overflow needs.

The suite benefits from large windows facing Broadway and 5th Street and is described as having strong signage visibility.

Key Highlights

  • Office suite near the main entrance with 5 private offices, a large lobby with waiting area, and a built‑in reception desk
  • Large conference room with cabinets and a separate entrance into the main corridor
  • Suite includes a break room with sink and cabinets, plus cabinets in the main hallway

Property Analytics

Current Use

Robert D. Nordstrom, ... Physician Kyle Vorachek Foster Care Service Eckert Darnell M Physician Center Counseling Crisis Center Prevent Child Abuse Social Service Agency

Suggested Use

Top Pick HVAC Service Storage Facility Locksmith Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,851
Businesses Nearby

Demographics for 58501, ND

28,388
Population
13,445
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
95%
High-School Grad
22.8 sq mi
ZIP Area
1,245
Density / Sq Mi
$69,796
Median Household Income
$45,237
Median Earnings
$938
Median Rent
$276,000
Median Home Value

Market

Lease Benchmarks for Bismarck, ND

$17.11 /SF/Yr
Avg Asking Price
$12–$28.36 /SF/Yr
Price Range
4,318 SF
Avg Space Size

This space is priced 6% below the average of $17.11 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite features five private offices, a large lobby, and a conference room with a separate corridor entrance.
Where is this office units located?
The property is located at 418 E Broadway Ave Bismarck, ND.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Office suite near the main entrance with 5 private offices, a large lobby with waiting area, and a built‑in reception desk; Large conference room with cabinets and a separate entrance into the main corridor; Suite includes a break room with sink and cabinets, plus cabinets in the main hallway
(701) 425-9427 Call to check price and availability
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