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    1207 Main Ave Bismarck, ND 58501

    For Sale
    $2,400,000

    Three-building flex space, 40,795 SF

    Property size:
    40,795 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Bismarck, ND investment opportunity comprises three parcels totaling 117,276 square feet. The property features three buildings totaling 40,795 square feet of flex space, ideally suited for a mix of office and warehouse uses. Building improvements include approximately 34,456 square feet of office and warehouse/processing space in one building, and a 3,336 square foot office building. A third building offers 3,003 square feet of storage/warehouse space. The property boasts eight loading docks, a large hard-surface parking lot, and a fully fenced concrete yard. One parcel is a vacant, 13,819 square-foot gravel-surfaced lot. The property benefits from 540 feet of Main Street frontage. Built in 1964 with renovations in 1997, the property is zoned MA and features three separate parcels (APN: 0010-000-001 / 0010-000-050 / 0005-000-800). Asking price is $2,400,000. Scheduled tours only.

    Property Features for 1207 Main Ave

    General Information

    Property type
    Flex space
    Square Feet
    40,795 SF

    Building Details

    Year Built/Renovated
    1964/1997
    Buildings
    3

    HighLights

    • Three parcels totaling 117,276 square feet, sold as one.
    • 40,795 square feet of flex space, ideal for office/warehouse use.
    • 540 feet of Main Street frontage.
    • Fully fenced concrete yard with eight dock doors and ample hard‑surface parking.
    • $2,400,000 asking price; scheduled tours only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex 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
    -100.77292473745
    Latitude
    46.805321501936

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    FAQs

    What type of property is this?
    Flex space - Three-building flex space, 40,795 SF
    Where is this flex space located?
    The property is located at 1207 Main Ave Bismarck, ND.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Three parcels totaling 117,276 square feet, sold as one.; 40,795 square feet of flex space, ideal for office/warehouse use.; 540 feet of Main Street frontage.
    Request Owner's contact information
    1207 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
    1207 Main Ave Bismarck, ND 58501
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