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    200 Main Ave Bismarck, ND 58501

    Sponsored
    For Sale
    $1,325,000

    Historic 3-story building, 100% occupied

    Property size:
    12,922 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 200 E Main Ave in Bismarck, North Dakota, presents a rare opportunity to acquire a piece of history. Built in 1880, this three-story building boasts 12,922 square feet of space, currently enjoying 100% occupancy across its storefront and traditional office spaces. The building sits on a 6,500 square foot lot and is zoned DC - CORE ZONING DISTRICT. Features include updated and modern finishes throughout, a recently installed new roof, and abundant natural light thanks to large windows. Elevator access is available to all three floors, enhancing convenience and accessibility. The asking price is $1,325,000, translating to $102.54 per square foot. This prime location in downtown Bismarck offers high visibility and strong potential for continued growth and profitability. The building's rich history combined with its modern amenities makes it an ideal investment for discerning buyers seeking a unique and lucrative commercial property. This is a truly remarkable opportunity to own a significant piece of Bismarck's commercial landscape.

    Property Features for 200 Main Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,922 SF

    Building Details

    Year Built
    1880
    Buildings
    1
    Stories
    3

    HighLights

    • Historic commercial building in downtown Bismarck, ND.
    • Built in 1880.
    • Three‑story building with elevator access.
    • 100% occupancy.
    • Updated finishes and new roof.
    • Abundant natural light.
    Property Profile Location Intelligence

    Current Use by Public Records

    Herzog Susan Family Counselor Nutrition Ambition Social Club Co-Studio Event Venue Remer Elsa M ... Psychiatrist CORE Real Estate ... Real Estate Agent

    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
    -100.7889615
    Latitude
    46.8056678

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    FAQs

    What type of property is this?
    Individual retail property - Historic 3-story building, 100% occupied
    Where is this individual retail property located?
    The property is located at 200 Main Ave Bismarck, ND.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: Historic commercial building in downtown Bismarck, ND.; Built in 1880.; Three-story building with elevator access.
    Request Owner's contact information
    200 Main Ave 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
    200 Main Ave Bismarck, ND 58501
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