1825 13Th St Bismarck, ND 58501
- Retail properties
- 8,050 SF
- 1.49 lot acres
Current Use by Public Records
- Ichiban japanese Grill Ramen & Asian Bistro / Asian Restaurant
- The Wood House Restaurant / Restaurant / Soup Restaurant
Property Details for 1825 13Th St
- Year built
- 1969
- Lot size
- 1.49 lot acres
- Property size
- 8,050 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 8,050-square-foot freestanding commercial building presents a lucrative investment opportunity in Bismarck, North Dakota. Situated on a 1.49-acre lot at 1825 N 13th St, this single-story, 1969-built structure boasts a prime location in North Bismarck, adjacent to State Street, ensuring high visibility and traffic. Currently housing two tenants, including a Cost Cutters and Ichiban Ramen, this multi-tenant property operates under a NNN lease structure. The property features four units and a convenient drive-thru, catering to the needs of its diverse clientele. Its strategic location near the State Capitol, employing approximately 1,800 individuals, further enhances its appeal. The surrounding area is anchored by a mix of local and national food and hotel chains, creating a vibrant and thriving commercial environment. The property is zoned CG and has a Burleigh County APN of 0260-006-035. The large lot size offers potential for future development. 2023 property taxes totaled $18,885.63, with a special installment of $1,533.76 and a balance of $6,848.88. Financial details and lease specifics are available upon request. The asking price for this remarkable investment property is $1,800,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.772
- Latitude
- 46.8258