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Upper-Level Office Suite

1906 Broadway Avenue, Bismarck, ND 58501

For Lease
$1,450/Mo

Five private offices are complemented by open work, meeting, break, and reception areas.

Space Size2,293 SF
Days on Market1407

Property Features for 1906 Broadway Avenue

General Information

Standard status Active
Size 2,293 SF
Net Rentable 2,293 SF
Zoning CG

Space & Availability

Available Space 2,293 SF
Contiguous Space 2,293 SF
Floor Upper Level
Space Use Office
Private Offices 5
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $9,229

Building Details

Building Size 2,293 SF
Year Built 1977
Listing Agency: CORE Real Estate Advisors
Listed By: Crystal Neumann
Source: Donner-realty
Added: Jan 4, 2023 Changed: Nov 7 Last Checked: Nov 9 at 5:45PM

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 CORE Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

The upper-floor office suite contains 2,293 square feet, with five offices, an open work area, and space for a showroom or waiting area. Additional areas include a break room, a small conference room, and a rear section. Restrooms are attached to the suite and shared with the adjoining unit. New carpet, paint, lighting, ceiling tiles, and blinds are planned for completion before the lease begins.

The building dates to 1977 and has CG zoning. The tenant is responsible for electricity; the attached restrooms are shared.

Key Highlights

  • 2,293‑square‑foot office suite on the upper level
  • Five offices, open work area, and showroom or waiting space
  • Break room, small conference room, and rear area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ryan Kadrmas - Nodak ... Insurance Agency McKeon Meyhoff - Nodak ... Insurance Agency Fritz's Barber Shop Barber Shop Seeds of Eden Employment Agency

Suggested Use

Top Pick Real Estate Agency Restaurant (Bike/Boat/Book/etc) Store Law Firm Grocery & Convenience 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
$1.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

592
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Bismarck, ND

$16.33 /SF/Yr
Avg Asking Price
$10–$28.57 /SF/Yr
Price Range
2,296 SF
Avg Space Size

This space is priced 54% below the average of $16.33 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Bismarck, ND

$16.69 Jul
$15.42 Aug
$15.92 Sep
$16.33 Oct

Properties on Market for Office Units in Bismarck

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Five private offices are complemented by open work, meeting, break, and reception areas.
Where is this office unit located?
The property is located at 1906 Broadway Avenue Bismarck, ND.
What is the lease rate?
The lease rate is $1,450/Mo.
What are key features of this property?
This property features: 2,293‑square‑foot office suite on the upper level; Five offices, open work area, and showroom or waiting space; Break room, small conference room, and rear area
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