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Financial
Distress signals
Property profile

108 N Mandan St Bismarck, ND 58501

FOR SALE
Turn key restaurants
Property ID
US56-0400378
2,912 SF 0.09 ac lot Built 1910
Last sale Oct 2016
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property in central Bismarck is configured for restaurant use and includes a reception area, a built-out bar, and a fully equipped kitchen with a rear entrance. The layout also features an office with access to storage space and dedicated accessibility accommodations with men’s and women’s ADA restrooms. A back patio includes a garage door opening that can be used to expand indoor/outdoor seating during warmer months. The property is positioned for street visibility with signage…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$183k
Assessed land$23k
Assessed improvement$160k
Effective rate2.81%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 7.76% cap applied$35k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.76%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DC
The purpose of the Downtown Core District is to preserve and enhance the mixed-use, pedestrian-oriented nature of the City downtown area
General categoryMIXED_USE
JurisdictionBURLEIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.0
Storage Facility10.7
Locksmith9.5

Location

108 N Mandan St Bismarck, ND 58501
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
303 4th, Bismarck, ND 58501-4020 $980,000 Feb 2026 3,862 SF
229 Broadway, Bismarck, ND 58501-3737 $360,000 Jun 2025 4,814 SF
223 18th, Bismarck, ND 58501-4741 $450,000 May 2024 4,095 SF
515 Main, Bismarck, ND 58501-4428 $490,000 May 2024 4,326 SF
1914 12th, Bismarck, ND 58501-1904 $350,000 Feb 2024 2,560 SF
804 Main, Bismarck, ND 58501-4526 $250,000 Jun 2022 1,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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