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Property profile & analytics
OFF-MARKET
Restaurants

409 Main Ave Bismarck, ND 58501

Property ID
Property summary
AI-generated overview

This exceptional 5,180 square foot restaurant space is located in the heart of Bismarck's historic Depot, at 409 E Main Ave, Bismarck, ND 58501. The property boasts a beautifully restored interior and a newly constructed, over 1,000 square foot front patio, perfect for outdoor dining. The space is move-in ready for a restaurant, featuring a recently installed hood system and an oversized outdoor cooler/freezer. Its prime downtown location ensures high visibility and foot traffic, surrounded by complementary retail shops, entertainment, and recreational areas. The unique blend of modern amenities and historical charm creates an attractive ambiance for both locals and tourists. Ample on-site parking is available, with options for discounted customer parking. This presents a rare opportunity to establish a thriving restaurant in Bismarck's vibrant culinary scene. The number of parking spaces is negotiable. The property is a single-tenant space.

Property profile
Verified
Property type Restaurants
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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