2021 Main AveBismarck, ND 58501

Property Details for 2021 Main Ave

Year built

1969

Lot size

0.27 AC

Property size (Sq ft)

4,727 SF

Zone code

MA

Property type

Office properties

Property subtype

Other office properties

APN

0105-021-001

APU

105021001

Description

This exceptional offering presents a unique opportunity to lease executive office suites in a prime downtown Bismarck location at 2021 E Main Ave, Burleigh County, North Dakota. The property encompasses a total of 900 square feet of meticulously maintained office space, currently available in its entirety. The building is ideally suited for businesses seeking multiple executive suites, offering a flexible and efficient workspace. Each suite is designed for optimal productivity and features modern amenities. The attractive lease terms include a full-service package, significantly reducing operational overhead for tenants. Landlord-paid utilities encompass gas, electricity, water, snow removal, and janitorial services for common restrooms. Tenants are solely responsible for their internet service. Individual suite lease rates are $275 per month, with attractive discounts available for leasing multiple suites. One-year minimum lease terms are available. This property's central location in Bismarck's vibrant downtown area provides easy access to a variety of amenities, including restaurants, retail establishments, and transportation options. The 900 square feet of vacant space offers a blank canvas for businesses to create a professional and productive work environment. The property is situated in Burleigh County, North Dakota, with a zip code of 58501. This is an exceptional opportunity for businesses seeking a convenient, cost-effective, and fully serviced office solution in the heart of Bismarck.

• CAP approach

  CAP return

  Valuation

  6%

  $739,307

  6.5%

  $682,437

  7%

  $633,692

• Comparable approach

  Method

  Valuation

  Relative Method

  $241,266

  Geo Method

  $241,266

• Alternative Use

  Use

  Valuation

  Residential

  $846,222

  Hospitality

  $775,135

  Educational

  $644,903

  Medical

  $667,082

  Retail

  $1,003,183

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.8049

Longitude

-100.761

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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