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Property profile & analytics
OFF-MARKET Estimated value $2,470,000
Office Spaces

418 Broadway Ave Bismarck, ND 58501-4086

26,936 SF 0.32 ac lot Built 1956
Entity Owned ~ Est. High Equity
Property ID
US56-0140154
Property summary
AI-generated overview

This exceptional Bismarck, North Dakota office building, located at 418 E Broadway Ave, offers 26,936 square feet of versatile space. Built in 1956, the single-building property features a mix of traditional, executive, and creative office suites, perfect for a variety of businesses. The building includes an elevator and a common conference room, enhancing tenant convenience and collaboration. Multiple tenancy options are available, ranging from 356 to 3,803 square feet, with nine units currently available. The full-service lease rates range from $10 to $20.22 per square foot. Situated in the heart of downtown Bismarck, this property boasts a Walk Score of 79, providing easy access to numerous amenities. Its central location is further enhanced by its proximity to a city parking ramp, ensuring convenient parking for tenants and clients. The building is zoned DC and is located in Burleigh County, North Dakota, zip code 58501. This secure environment offers a prime opportunity to establish or expand your business in a highly desirable location. The property's central location and convenient amenities make it an ideal choice for businesses seeking a thriving and accessible workspace.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1956
Total area 26,936 SF
Lot 0.32 ac (14,000 SF)
Zoning code DC
APN 0001-066-020
UPID US56-0140154
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Robert D. Nordstrom, OD Physician
  • Kyle Vorachek Foster Care Service Social Service Agency
  • Eckert Darnell M Physician
  • Center Counseling Crisis Center Medical Clinic
  • Prevent Child Abuse Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.11M
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$2.47M
Owner & transaction history
Central Station LLC
Central Station LLC
since 2026
4 recorded transactions
2026
$900,000
2010
Price N/A
2010
Price N/A
2008
Price N/A
Zoning & alternative use
DC · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

commercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public art. ii. The public art is not installed on any side of a building directly adjacent to a public right-of-way, excluding alleys. iii. The p…

Zone name Downtown Core
General category MIXED_USE
Zone area 131.15 ac
Source TABLE OF CONTENTS
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