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    204 Main Ave Bismarck, ND 58501

    For Sale
    $450,000

    Prime retail space, high visibility, full basement.

    Property size:
    2,357 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,357 square foot storefront, located at 204 E Main Avenue in Bismarck, North Dakota, presents a unique investment opportunity. Priced at $450,000 ($190.92 per square foot), this two-story building boasts a highly desirable downtown location within the DC - CORE ZONING DISTRICT. The property features expansive storefront windows, providing excellent visibility and signage opportunities for any business. A full basement level offers significant additional space, perfect for storage or expansion. Convenience is enhanced by the inclusion of restrooms on both the main floor and lower level, along with convenient back door access and street parking. The open floor plan on the main level offers flexibility for various retail or office configurations. The lot size is 3,250 square feet. This property is situated in Burleigh County, zip code 58501. Its prime location and versatile layout make it an ideal choice for a discerning investor seeking a high-impact commercial property in a thriving downtown area.

    Property Features for 204 Main Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,357 SF

    Building Details

    Stories
    2

    HighLights

    • Prime downtown Bismarck location.
    • Large storefront windows with excellent signage opportunities.
    • Full basement for storage or expansion.
    • Restrooms on both main and lower levels.
    • Back door access and street parking.
    • Open floor plan ideal for retail or office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bismarck
    County
    Burleigh
    State
    North Dakota
    Longitude
    -100.7888355
    Latitude
    46.8056893

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail space, high visibility, full basement.
    Where is this individual retail property located?
    The property is located at 204 Main Ave Bismarck, ND.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime downtown Bismarck location.; Large storefront windows with excellent signage opportunities.; Full basement for storage or expansion.
    Request Owner's contact information
    204 Main Ave 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
    204 Main Ave Bismarck, ND 58501
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