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    215 3Rd St Bismarck, ND 58501

    For Lease
    $12 SF/Yr ($1,500 /Mo)

    1500 SF Office, Prime Location

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,500 square foot office space at 215 N 3rd St in Bismarck, North Dakota, presents a fantastic opportunity for businesses seeking a vibrant downtown location. The single-tenant suite boasts a modern design with updated windows and laminate flooring, creating a professional and contemporary atmosphere. The layout includes a spacious reception/lobby area, perfect for welcoming clients, an open workspace ideal for team collaboration, a sizable conference room for meetings and presentations, and a convenient restroom. This lower-level suite is zoned DC (Downtown Core), offering unparalleled accessibility and walkability. The monthly lease rate is $1,500, with the tenant responsible for electricity. The property's central location ensures easy access for employees, clients, and visitors, making it an ideal choice for a variety of businesses. The approximate square footage is 1,500 square feet. This versatile space is suitable for traditional office use, executive offices, coworking setups, creative office environments, or flexible arrangements. Don't miss this chance to establish your business in the heart of Bismarck.

    Property Features for 215 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF
    Total Rate
    1500

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $12

    HighLights

    • Highly adaptable open floor plan offering versatile space.
    • Includes reception area, open workspace, large conference room, and restroom.
    • Features newer windows and laminate flooring.
    • Lower‑level suite.
    • Excellent downtown location with a Walk Score of 80, offering high walkability.
    • High visibility with 8,500 vehicles per day passing on North 3rd Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Norma Grocery Store Apartment Homes Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.78762312
    Latitude
    46.80724473

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    FAQs

    What type of property is this?
    Office space - 1500 SF Office, Prime Location
    Where is this office space located?
    The property is located at 215 3Rd St Bismarck, ND.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Highly adaptable open floor plan offering versatile space.; Includes reception area, open workspace, large conference room, and restroom.; Features newer windows and laminate flooring.
    Request Owner's contact information
    215 3Rd St Bismarck, ND 58501
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    Bismarck, ND 58501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 3Rd St Bismarck, ND 58501
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