Property summary
This exceptional 2,500 square foot executive office building is situated at 110 N 3rd Street in the heart of downtown Bismarck, North Dakota. Built in 1940, this three-story building offers a single-tenant occupancy opportunity, with the entire 2,500 square feet currently vacant. The property boasts a highly visible location at the intersection of Main and 3rd Street, ensuring significant traffic exposure and excellent branding potential. Its DC zoning provides flexibility for various professional uses. The building's address is 110 N 3rd St, Bismarck, ND 58501 (APN: 0001-052-015). Estimated net-net-net (NNN) operating costs are $925 per month. This presents a rare chance to acquire a well-positioned, standalone office building in a thriving downtown area. The property's size and location make it ideal for a variety of businesses seeking a prominent presence in Bismarck's central business district. The building's age offers character and charm, while its vacant status allows for immediate customization to suit a new tenant's specific needs. This is a unique opportunity to establish a strong foothold in a dynamic and growing market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
commercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DC · Bismarck, NDcommercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
commercial message. The following provisions must be met only in the DC - Downtown Core and DF - Downtown Fringe zoning districts: i. All Downtown Design Review procedures shall be followed for any installation of public…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DC in Bismarck, ND.
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