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    301 Thayer Ave Bismarck, ND 58501

    For Lease
    Contact for pricing

    Single-tenant office, 5,280 sq ft, Bismarck, ND

    Lot size:
    5,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Bismarck, ND office building presents a unique investment opportunity. Located at 301 E Thayer Ave, this single-tenant property boasts a total of 5,280 square feet, situated on a 0.24-acre lot. The building, constructed in 1971, is a one-story structure zoned DC. The property features a main floor encompassing 2,639 square feet and a lower level offering 1,612 square feet of additional space. Currently, 4,251 square feet is vacant, providing significant potential for lease income. The lower level includes two restrooms, a kitchen, and ample file storage, enhancing its functionality. Further basement storage is also available. The building's prominent corner location at the intersection of N 3rd Street and E Thayer Avenue offers excellent visibility and accessibility. This property is identified by APN 0001-064-045 and presents a compelling opportunity for owner-occupancy or investment. The building's solid construction and desirable location make it an attractive prospect for a variety of businesses. With its substantial square footage and versatile layout, this property is ready for immediate occupancy or lease. The property's location in Bismarck, ND, offers access to a thriving local economy and a strong workforce.

    Property Features for 301 Thayer Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,280 SF

    Building Details

    Year Built
    1971
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,251 SF

    HighLights

    • Ample on‑site downtown parking.
    • Secure building with controlled access.
    • High‑visibility corner location at N 3rd Street and E Thayer Avenue with pylon signage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duemelands Commercial Commercial Real Estate Agency Custer Home Charity Duemeland's Holding Real Estate Agency Duemeland's Trust Real Estate Developer

    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
    -100.78699069573
    Latitude
    46.807559190203

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    FAQs

    What type of property is this?
    Office Property / Space - Single-tenant office, 5,280 sq ft, Bismarck, ND
    Where is this office property / space located?
    The property is located at 301 Thayer Ave Bismarck, ND.
    What are key features of this property?
    This property features: Ample on-site downtown parking.; Secure building with controlled access.; High-visibility corner location at N 3rd Street and E Thayer Avenue with pylon signage.
    Request Owner's contact information
    301 Thayer 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
    301 Thayer Ave Bismarck, ND 58501
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