418 Broadway Ave Bismarck, ND 58501

This exceptional investment opportunity presents a two-story, 26,936 square foot Class B office building located in the heart of downtown Bismarck, North Dakota. The property, known as City Center Plaza, is situated at 418 E Broadway Ave, offering a prime location with high visibility and convenient access to amenities. Built in 1956, this building boasts a secure environment with an elevator and multiple restrooms on both floors. A common conference room on the second floor adds to its functionality. The property sits on a 14,000 square foot lot (Parcel ID: 0001-066-020, Block 66, Lots 9-12, Original Plat) and is zoned for Downtown Core use (DC). Its strategic location places it directly across from a city parking ramp and within walking distance of numerous restaurants, bars, shops, and services. Furthermore, it enjoys easy access to the Bismarck Event Center, Kirkwood Mall, and Bismarck Airport. This value-add opportunity is priced at $1,900,000 ($70.54/sq ft) and presents significant potential for various uses, including professional services, medical offices, financial centers, legal offices, accounting firms, government offices, engineering firms, association headquarters, energy industry businesses, and more. The 2023 property taxes totaled $31,422.55, with a special assessment balance of $17,179.29 ($2,767.77 annual installment). This property is also eligible for Opportunity Zone benefits. All interested parties are encouraged to conduct their own due diligence.