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    FOR SALE
    Office Spaces

    200 E Main Ave, Bismarck, ND 58501

    12,922 SF 0.15 ac lot Built 1880
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US56-0192866
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 200 E Main Ave in Bismarck, North Dakota, presents a rare opportunity to acquire a piece of history. Built in 1880, this three-story building boasts 12,922 square feet of space, currently enjoying 100% occupancy across its storefront and traditional office spaces. The building sits on a 6,500 square foot lot and is zoned DC - CORE ZONING DISTRICT. Features include updated and modern finishes throughout, a recently installed new roof, and abundant natural light thanks to large windows. Elevator access is available to all three floors, enhancing convenience and accessibility. The asking price is $1,325,000, translating to $102.54 per square foot. This prime location in downtown Bismarck offers high visibility and strong potential for continued growth and profitability. The building's rich history combined with its modern amenities makes it an ideal investment for discerning buyers seeking a unique and lucrative commercial property. This is a truly remarkable opportunity to own a significant piece of Bismarck's commercial landscape.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1880
    Total area 12,922 SF
    Lot 0.15 ac (6,500 SF)
    Zoning code DC
    APN 0001-052-055
    UPID US56-0192866
    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
    • Herzog Susan Family Counselor
    • Nutrition Ambition Community Center
    • Co-Studio Hotel & Motel Resort
    • Remer Elsa M MD Physician
    • CORE Real Estate Advisors - Alex Weiand Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.30M
    Blend (final) Blend
    $1.03M
    Owner & transaction history
    Harvester Bldg LLC · 8 yrs held
    Harvester Bldg LLC
    since 2017
    3 recorded transactions
    2017
    2016
    2012
    Zoning & alternative use
    DC · Bismarck, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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