Property profile

124 4th St Bismarck, ND 58501

OFF-MARKET
Turn key restaurants
Property ID
US56-0312727
13,904 SF 0.16 ac lot Built 1908
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a historically constructed commercial building in downtown Bismarck, built in 1907, located at the corner of Broadway and N. 4th Street, one block north of Main Ave, with alley access. It features interior historic character elements such as brick walls, exposed rafters, and wood floors, along with high ceilings and large storefront windows suitable for prominent street-facing use and signage. The building has undergone renovations over time, including a 2014 renovation that added fire suppression throughout the building. It was formerly used as a restaurant and is configured with the functional characteristics typically associated with food service spaces. Potential seasonal outside patio space is located on the north side of the building during the summer.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1908
Total area 13,904 SF
Lot 0.16 ac (7,000 SF)
Zoning code DC
APN 0001-050-001
UPID US56-0312727

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

124 4th St Bismarck, ND 58501-4001
Bismarck metro Census 10100 BISMARCK, ND METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2014
3 recorded transactions
2016
Price N/A
2014
Price N/A
2009
$362,500

Zoning & alternative use

DC · Bismarck, ND
Zoning description

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…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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