121 4th St, Bismarck, ND 58501-4002
This exceptional Bismarck, ND property, located at 119 & 121 N 4th Street, presents a unique investment opportunity. The 10,183 square foot building, constructed in 1902, boasts a prime downtown location, offering both retail and creative office space across its two stories. Currently, one half of the main floor is occupied by a tenant, providing immediate income potential. The remaining main floor space and the entire second floor, a shell space ready for customization, offer significant upside. The property features three units within a single building, situated on a 3,500 square foot lot. Convenient alley access leads to a small private parking area. The building is zoned DC - CORE ZONING DISTRICT. Its proximity to thriving businesses like Hi Honey Salon, Brickhouse Bakery, KFYR Studio, and KLJ enhances its desirability. This is an ideal opportunity for an owner-occupier or investor seeking a versatile, high-traffic location in the heart of Bismarck. The asking price is $849,000.
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Pirogue Grille Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
DC · Bismarck, NDBismarck. Always verify with local authorities before improvements.
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.