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    FOR LEASE
    Strip malls

    1830 E Century Ave, Bismarck, ND 58503

    14,400 SF 1.42 ac lot Built 1992
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US56-0236045
    Property summary
    AI-generated overview

    This exceptional Bismarck commercial property, located at 1830 E Century Ave, Unit 2, offers 1,157 square feet of versatile space ideal for a variety of businesses. The single-story building features two private offices, a reception area, a break room, and a private restroom, providing a comfortable and functional workspace. Its prime location ensures high visibility and accessibility, complemented by ample parking for tenants and visitors. The property is available for lease from September 1st, with a lease rate of $22 per square foot, plus gas and electricity. A 3% escalator clause is included in the 5-year lease term. Landlord responsibilities encompass snow removal, lawn care, taxes, building insurance, water, and building maintenance. This property presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space. The unit can also be leased in conjunction with Unit 1 for a combined total of 3,000 square feet, offering even greater flexibility for expanding businesses. This is a single-tenant space classified as Traditional Office, Medical Office, Commercial, and Retail. The property's zip code is 58503.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1992
    Total area 14,400 SF
    Lot 1.42 ac (61,899 SF)
    Zoning code CG
    APN 1225-003-240
    UPID US56-0236045
    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
    • Shane Splonskowski Agency Inc American Family Insurance Insurance Agency
    • Spherion Staffing & Recruiting Employment Agency
    • Up North Wealth Advisors Financial Advisor
    • Dr Taya Patzman Optometrist Physician
    • Dillavou Nichol OD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.52M
    Blend (final) Blend
    $1.38M
    Owner & transaction history
    SUNSET PROPERTIES LLP
    SUNSET PROPERTIES LLP
    Zoning & alternative use
    CG · Bismarck, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.3M +14.0%
    Industrial (general) $2.1M +5.2%
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    More about this property
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