505 Main Ave Bismarck, ND 58501
This exceptional Bismarck, ND office building at 505 E Main Ave offers 3,812 rentable square feet (3,434 usable square feet) of traditional office space. The property boasts ten private offices, a spacious lobby, multiple conference rooms, a dedicated copier/mail room, ample storage, a large break room with kitchen facilities, a media room, and multi-stall restrooms. Enjoy spectacular views from every office, benefiting from high visibility at the corner of Main Ave and 5th St, with convenient front door parking in private lots. Additional amenities include basement storage and a parking attendant. The building is situated in a prime downtown East Main Ave location, experiencing a daily traffic count of 14,545 vehicles. Lease rates are $18 per square foot in year one, increasing to $19 in year two and $20 in year three. Tenants are responsible for electricity only.
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Travis Alexander Dahl - Ameriprise Financial Services, LLC Financial Advisor
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Cory McLindsay Real Estate Agency
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Nicole DeKrey Real Estate Real Estate Agency
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Venture Real Estate Real Estate Agency
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HTG Architects Architect
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.