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Shopping Center Anchored by Family Dollar
For Sale
$988,000

204 East Boulevard Avenue, Bismarck, ND 58501

Shopping center with 86% occupancy and a long-term tenant mix that includes both local and national operators.

Property SizeContact for details
Days on Market37

Property Features for 204 East Boulevard Avenue

General Information

Standard status Active
Property subtype Business For Sale
Occupancy 86%

Building Details

Tenancy Multi
Listing Agency: Daniel Companies
Listed By: Jon Lee · License #ND #11237
Source: Risepropertybrokers
Added: Jul 25 Changed: Aug 26 Last Checked: Aug 29 at 7:04AM

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 Daniel Companies

Investment Insights

Based on property information with market context.

This shopping center is currently operating at approximately 86% occupancy and features a diverse tenant mix comprised of both local and national long-term tenants. The property is anchored by a Family Dollar store.

The center is located at 204 E Boulevard Ave in Bismarck, North Dakota, with proximity to key downtown and state office areas. It is described as five blocks from Downtown Bismarck and two blocks from the State Capital Complex, supporting convenient access for surrounding retailers and daily traffic.

As presented, the offering includes the existing retail center configuration and its current tenant occupancy profile.

Key Highlights

  • 86% occupancy
  • Diverse tenant mix with both local and national long‑term tenants
  • Central Bismarck location

Property Analytics

Current Use

Plaza Beer Depot (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop HVAC Service Big Box & Wholesale Store Auto Parts Store Nail Salon Storage Facility

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

86%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,001
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Shopping center with 86% occupancy and a long-term tenant mix that includes both local and national operators.
Where is this strip mall located?
The property is located at 204 East Boulevard Avenue Bismarck, ND.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: 86% occupancy; Diverse tenant mix with both local and national long‑term tenants; Central Bismarck location
More about this property
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