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    FOR SALE
    Retail space

    204 E Main Ave, Bismarck, ND 58501

    2,359 SF 0.07 ac lot Built 1890
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US56-0356620
    Property summary
    AI-generated overview

    This exceptional 2,357 square foot commercial property is situated at 204 E Main Avenue in the heart of downtown Bismarck, North Dakota. Currently vacant, this single-tenancy space offers unparalleled flexibility for a variety of businesses. The property type is classified as Retail, Office, and Restaurant, making it suitable for a wide range of uses. Its professional subtype suggests a sophisticated and modern interior, ideal for businesses seeking a high-quality image. Large storefront windows provide excellent natural light and prominent visibility for attracting customers. The property also boasts excellent signage opportunities, allowing for effective brand promotion. A full basement provides ample storage space or the potential for expansion. The building does not include elevators. This prime location on Main Avenue offers high foot traffic and easy access for customers and employees. The property is ready for immediate occupancy, presenting a unique opportunity for businesses seeking a vibrant and accessible downtown location in Bismarck, ND, zip code 58501.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1890
    Total area 2,359 SF
    Lot 0.07 ac (3,250 SF)
    Zoning code DC
    APN 0001-052-050
    UPID US56-0356620
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Benchmark Properties LLC · 6 yrs held
    Benchmark Properties LLC
    since 2020
    Last sale
    $350,000
    3 recorded transactions
    2020
    $350,000
    2019
    2019
    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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