Drive-Thru Restaurant with Ample
For Sale
Contact for pricing
1922 E Broadway Ave, Bismarck, ND 58501
Turnkey drive-thru restaurant with a small dining area, included kitchen systems, walk-in cooler/freezer, and rooftop HVAC.
Property Size1,578 SF
Price / SF$345.37
Days on Market150
Property Features for 1922 E Broadway Ave
General Information
Standard status
Active
Size
1,578 SF
Property subtype
RETAIL
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Additional Details
Furnished
Yes
Sprinkler System
Yes
Building Details
Year Renovated
1995
Listing Agency:
Rise Property Brokers
(701) 425-9427
Listed By:
Adam Geiger, CCIM · License #10233
Source:
Moodyscre
Added: Mar 4
Changed: Jul 27
Last Checked: Jul 27 at 11:57AM
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 drive-thru restaurant sale includes the core foodservice improvements and equipment needed to operate. The property features a remodeled building from 1995 with a walk-in cooler (10' x 8') and walk-in freezer (10' x 8'), along with a grease hood and condensation hood, 3-compartment and handwashing sinks, and commercial exhaust fans with roof-mounted makeup air units. The kitchen is supported by (2) 250-amp electrical panels and multiple 240v outlets, and the building has a fire suppression system and security system. A small dining area with tables and chairs is included (currently seats 31). A 12' x 30' basement includes a bathroom, grease trap, and reverse osmosis water purifier.
Located at 1922 E Broadway Ave in Bismarck, ND 58501, the property is described as offering ample parking and drive-thru infrastructure. A pylon sign, menu board, and drive-thru tech are also included in the sale.
Located at 1922 E Broadway Ave in Bismarck, ND 58501, the property is described as offering ample parking and drive-thru infrastructure. A pylon sign, menu board, and drive-thru tech are also included in the sale.
Key Highlights
- Drive‑thru restaurant with ample parking and included drive‑thru tech, pylon sign, and menu board
- 1,578 total SF: 958 SF main footprint plus 260 SF storage/cooler and 360 SF basement
- 10' x 8' walk‑in cooler and 10' x 8' walk‑in freezer included
Financial Insights For Specialty 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 | $26.9k | $17.04 |
| − Vacancy | −$1.7k | −$1.06 |
| EGI | $25.2k | $15.98 |
| − OpEx | −$6.3k | −$4.00 |
| NOI | $18.9k | $11.99 |
1,578 SF · lease $17.04/SF/yr · vacancy 6.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$270.2K
$236.5K – $315.3K
NOI $18,916 @ 7.0% cap · market cap 3.47%
Second Best
Industrial
$96.3K
$84.3K – $112.4K
NOI $6,744 @ 7.0% cap · market cap 1.24%
Theoretical Best
Office A
$375.5K
$328.6K – $438.1K
NOI $26,286 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
2,851
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Turnkey drive-thru restaurant with a small dining area, included kitchen systems, walk-in cooler/freezer, and rooftop HVAC.
Where is this drive through restaurant located?
The property is located at 1922 E Broadway Ave Bismarck, ND.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Drive‑thru restaurant with ample parking and included drive‑thru tech, pylon sign, and menu board; 1,578 total SF: 958 SF main footprint plus 260 SF storage/cooler and 360 SF basement; 10' x 8' walk‑in cooler and 10' x 8' walk‑in freezer included
