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    Shop Condo with Outdoor Fenced Storage Title is generated by Realmo AI

    1416 Burlington Drive E, Bismarck, ND 58504

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    For Sale
    $379,000

    Versatile shop condo with dual garage access, climate control, office entry, and secured outdoor fenced storage.

    Type:Commercial
    Property size:
    1,895 SF
    Price / SF:
    $200/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 5:36 am

    Property Features for 1416 Burlington Drive E

    General Information

    Standard status
    Active
    Size
    1,895 SF
    Property subtype
    Commercial

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    Desri Neether

    Listing office Capital Real Estate Partners

    Listing date Jun 25, 2026

    Source Trademarknd

    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 Capital Real Estate Partners

    HighLights

    • 1,800 SF shop condo plus a 305 SF second‑story loft for added storage or workspace flexibility
    • Dual 14‑ft garage doors (front and back) for loading, unloading, and vehicle maneuvering
    • Dedicated front office entrance with interior access into the expansive main shop
    • Climate‑controlled shop with heat and A/C, plus a separate mechanical room
    • Half bath and 1,300 SF secured outdoor fenced storage
    • Ample parking for visitors or work vehicles

    Overview

    This one-of-a-kind shop condo offers a practical, business-focused layout with an interior office entrance and an interior door connecting the front office to the main shop. The main shop is served by dual 14-ft garage doors at the front and back, supporting straightforward loading, unloading, and vehicle maneuvering. A half bath adds everyday convenience. The space is climate-controlled with both heat and A/C, and includes a dedicated mechanical room. A second-story loft above provides an additional 305 sq ft area for storage or flexible workspace use.

    The property also includes 1,300 sq ft of secured outdoor fenced storage, designed to keep tools, trailers, or inventory protected. Ample parking is available for visitors or work vehicles, supporting day-to-day business operations.

    With its combination of an office component, large garage access, and dedicated secured outdoor storage, the condo is well suited to service and contracting operations, small retailers needing shop functionality, or other owner-operators who require both indoor work space and outside storage. The configuration supports separating client-facing or administrative functions from the main work area, while maintaining convenient flow between the office and shop.

    Local Financial Insights For Office B

    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 $38.2k $20.16
    − Vacancy −$5.4k −$2.84
    EGI $32.8k $17.32
    − OpEx −$8.2k −$4.33
    NOI $24.6k $12.99
    1,895 SF · lease $20.16/SF/yr · vacancy 14.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $351.6K
    $307.7K – $410.2K (±1% cap)
    NOI $24,612 @ 7.0% cap · market cap 6.49%
    Second Best
    Retail
    $350.0K
    $306.2K – $408.3K (±1% cap)
    NOI $24,497 @ 7.0% cap · market cap 6.46%
    Theoretical Best
    Office A
    $450.9K
    $394.6K – $526.1K (±1% cap)
    NOI $31,566 @ 7.0% cap · market cap 8.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Pharmacy Gym & Fitness Center Nail Salon Big Box & Wholesale Store

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

    Similar Places Nearby

    • Key West Cafe Food Truck — carpet garage, bismarck, nd 58504

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.745681
    Latitude
    46.7891829

    FAQs

    What type of property is this?
    Flex space - Versatile shop condo with dual garage access, climate control, office entry, and secured outdoor fenced storage.
    Where is this flex space located?
    The property is located at 1416 Burlington Drive E Bismarck, ND.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: 1,800 SF shop condo plus a 305 SF second‑story loft for added storage or workspace flexibility; Dual 14‑ft garage doors (front and back) for loading, unloading, and vehicle maneuvering; Dedicated front office entrance with interior access into the expansive main shop
    More about this property
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