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    Investment properties

    114 N 4Th St, Bismarck, ND 58501

    4,505 SF 0.08 ac lot Built 1920
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US56-0532898
    Property summary
    AI-generated overview

    This exceptional commercial property at 114 North 4th Street in Bismarck, North Dakota, offers a unique opportunity for businesses seeking flexible and modern office space in the heart of downtown. The building, constructed in 1920 and extensively renovated in 2019, boasts a total of two stories and comprises a single building. While the exact total square footage isn't specified, available space ranges from a minimum of 2,231 square feet to a maximum contiguous space of 2,275 square feet, with a total of 6,781 square feet currently vacant. The property is zoned DC and is situated in Burleigh County, offering easy access to Bismarck's vibrant city center. The building's versatile layout is suitable for a variety of uses, including executive offices, traditional offices, professional services, and even storefront retail, making it an ideal location for businesses of all sizes. The 2019 renovation ensures modern amenities and a contemporary feel, while the building's historical charm adds character and appeal. Multiple tenancy options are available, providing flexibility to suit individual business needs. This is a rare opportunity to secure a prime location in downtown Bismarck. The property's central location and modern updates make it an attractive option for businesses seeking a thriving and convenient environment.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1920
    Total area 4,505 SF
    Lot 0.08 ac (3,500 SF)
    Zoning code DC
    APN 0001-050-015
    UPID US56-0532898
    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
    Current use
    Occupant on record · Public records
    • Yellow Stitch Boutique Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Benchmark Properties LLC · 8 yrs held
    Benchmark Properties LLC
    since 2018
    4 recorded transactions
    2020
    2018
    $614,500
    2017
    2017
    Zoning & alternative use
    DC · Bismarck, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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