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Flex Space with Heated Shop

2000 Lovett Avenue, Bismarck, ND 58504

For Lease
$9 SF/Yr

Office, retail, and shop areas can be configured as one operation or split into separate spaces.

Space Size7,680 SF
Days on Market965

Property Features for 2000 Lovett Avenue

General Information

Standard status Active
Size 7,680 SF
Net Rentable 7,680 SF
Zoning MA

Space & Availability

Available Space 7,680 SF
Contiguous Space 7,680 SF
Divisible Yes

Warehouse & Industrial

Office Build-Out 2,600 SF
Drive-In Doors 2
Cold Storage Yes
Warehouse Heated Yes

Taxes and HOA fees

Annual Taxes $8,243

Amenities

heated workspace
cold storage space
overhead doors
offices
restrooms
Permeable Paving
Private Entrance

Building Details

Building Size 7,680 SF
Year Built 1966
Stories 1
Construction steel building
Tenancy Single
Listing Agency: CENTURY 21 Morrison Realty
Listed By: Lori Becker
Source: Donner-realty
Added: Mar 20, 2024 Changed: Nov 7 Last Checked: Nov 8 at 5:05PM

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 CENTURY 21 Morrison Realty

Rey
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Investment Insights

Based on property information with market context.

This 7,680-square-foot steel flex building combines 2,600 square feet of office and retail area with a 5,080-square-foot shop. The front portion includes six individual offices, with the layout offering capacity for additional offices, and two restrooms. The heated shop workspace is complemented by a separate cold-storage area. Two overhead doors provide access on the building’s north and east sides.

Zoned MA, the property was built in 1966. Its interior can be arranged as a single space or divided into two separate areas. The mix of office, retail, heated work space, and cold storage supports a range of commercial operations.

Key Highlights

  • 7,680‑square‑foot steel building, constructed in 1966
  • 2,600 square feet of office and retail space; 5,080‑square‑foot shop
  • Six offices, with room for additional offices, and two restrooms

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Locksmith Bakery

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

2
Drive-in doors
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby
Balanced
Demand for This Use

Demographics for 58504, ND

29,517
Population
12,479
Households
2.4
Avg Household Size
35
Median Age
31%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
286
Density / Sq Mi
$78,671
Median Household Income
$45,817
Median Earnings
$940
Median Rent
$282,100
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

$10.63 /SF/Yr
Avg Asking Price
$9.5–$12 /SF/Yr
Price Range
2,152 SF
Avg Space Size

This space is priced 15% below the average of $10.63 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Bismarck, ND

$10.38 Jul
$10.81 Aug
$10.82 Sep
$10.63 Oct

Properties on Market for Flex space in Bismarck

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Flex space - Office, retail, and shop areas can be configured as one operation or split into separate spaces.
Where is this flex space located?
The property is located at 2000 Lovett Avenue Bismarck, ND.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 7,680‑square‑foot steel building, constructed in 1966; 2,600 square feet of office and retail space; 5,080‑square‑foot shop; Six offices, with room for additional offices, and two restrooms
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