204 E Main Ave, Bismarck, ND 58501
Historic 2,357 SF building in thriving downtown Bismarck.
- Added:
- Jan 27, 2026
- Days on Market:
- 160
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 204 E Main Ave
General Information
- Standard status
- Active
- Size
- 2,357 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1890
Listing office Rise Property Brokers, Inc. (701) 400-4445
Listing date Jan 27, 2026
Source Crexi
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, Inc.
HighLights
- Prime Downtown Bismarck location with high‑traffic visibility (10,240 vehicles per day)
- Zoned DC, offering flexible usage options
- Historic building (built in 1890) with 2,357 SF of space
- Open floor plan and large display windows
- Includes a lobby/reception area, private office, and conference room
- Off‑street parking
Overview
Local Financial Insights For 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 | $44.7k | $18.96 |
| − Vacancy | −$1.2k | −$0.49 |
| EGI | $43.5k | $18.47 |
| − OpEx | −$13.1k | −$5.54 |
| NOI | $30.5k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.788818
- Latitude
- 46.8056938