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Private-Entry Office Suite

523 4th Street, Bismarck, ND 58501

For Lease
$2,000/Mo

The lease covers utilities, with occupants arranging their own communications services and janitorial work.

Space Size2,377 SF
Days on Market1016

Property Features for 523 4th Street

General Information

Standard status Active
Size 2,377 SF
Zoning DF
Lease Type Full Service

Space & Availability

Contiguous Space 2,377 SF
Divisible Yes
Floor Lower Level
Space Use Office
Condition Turnkey
Sublease No
Private Offices 5

Lease Terms

Flexible Term Yes
Utilities Included in Rent unspecified utilities

Amenities

private entrance

Building Details

Building Size 2,377 SF
Year Built 1906
Stories 2
Listing Agency: CENTURY 21 Morrison Realty
Listed By: Melanie Staiger · License ND #8154
Source: Donner-realty
Added: Jan 30, 2024 Changed: Nov 7 Last Checked: Nov 9 at 5:53PM

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.

A remodeled lower-level office suite in a historic downtown Bismarck building offers 2,377 square feet of workspace. The layout includes five offices, a large open area suited to reception or collaboration, and two restrooms. A dedicated entrance provides access separate from the rest of the building. Windows, elevated ceilings, and light-toned finishes bring natural light into the space; the building’s foundation has also been replaced. The building dates to 1906.

Zoned DF, the space is available on negotiable lease terms, with individual offices also offered as a rental option. The lessor covers utilities other than the occupant’s phone, internet, and related communications services, and handles general building maintenance, lawn care, and snow removal. The occupant is responsible for janitorial service.

Key Highlights

  • 2,377 SF lower‑level suite with its own separate entrance
  • Five offices, an open reception or collaboration area, and two restrooms
  • Remodeled space with windows, high ceilings, and light finishes

Property Analytics

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

Current Use

Federation of Families Medical Clinic North Dakota Federation-Family Crisis Center Mental Health America ... Crisis Center Farmers Insurance - Tamie ... Insurance Agency N D Disabilities ... Association / Organization

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Storage Facility Auto Parts Store Grocery & Convenience Store Auto Repair Shop

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
$1.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,257
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 38% 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 - The lease covers utilities, with occupants arranging their own communications services and janitorial work.
Where is this office unit located?
The property is located at 523 4th Street Bismarck, ND.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 2,377 SF lower‑level suite with its own separate entrance; Five offices, an open reception or collaboration area, and two restrooms; Remodeled space with windows, high ceilings, and light finishes
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