1003 Interstate AveBismarck, ND 58503

This exceptional investment opportunity presents a fully occupied, multi-tenant retail storefront building situated at 1003 E Interstate Ave, Bismarck, North Dakota, 58503. The 12,500 square foot property, built in 1974, boasts seven individual units ranging in size from 400 to 3,187 square feet, currently generating a strong net operating income (NOI) of $75,018, representing a 5.61% cap rate. The asking price is $1,275,000, or $102 per square foot. The property is classified as Class B and features a modified gross lease structure. Located in a prime location near I-94, the building benefits from high visibility and ample parking. Each unit is separately metered, and the property includes storefront and pylon signage, as well as common area bathrooms. The property sits on a substantial 3.96-acre lot (APN: 0630-001-010) and is zoned CG. The 2023 property taxes totaled $16,790.84, with special installments of $1,075.26 and a balance of $1,952. This professionally managed property offers significant upside potential for long-term ownership, with a strong cash flow and a desirable North Dakota location. All showings require pre-scheduling and approval. Contact for details.