301 Main Ave Bismarck, ND 58501
- Retail space
- 34,840 SF
- 0.39 lot acres
Current Use by Public Records
- Retail space
Property Details for 301 Main Ave
- Year built
- 1895
- Lot size
- 0.39 lot acres
- Property size
- 34,840 SF
- Zone code
- DC
- Property type
- Retail space
- APN
- 0001-008-000
- APU
- 1008000
Description
This exceptional office property, located at 301 E Main Avenue in the heart of Bismarck, North Dakota, offers a total of 3,985 square feet of versatile traditional office space. Currently available for lease, the property is ideal for a single tenant seeking a substantial footprint or multiple tenants looking for smaller, individual suites. The building provides ample parking with 10 spaces conveniently located for employees and clients. The address, 301 E Main Ave, Bismarck, ND 58501, places the property in a highly visible and accessible downtown location, offering excellent exposure and easy access to local amenities and transportation. The flexible layout allows for customization to suit various business needs, making it an attractive option for a range of professional services. The 3,985 square feet can be leased as a whole or divided into smaller, independent office spaces, providing scalability and adaptability for growing businesses. This presents a unique opportunity to secure prime office space in a thriving downtown Bismarck setting. The property is classified as a traditional office building, offering a classic and professional atmosphere. Tenancy is multiple, allowing for diverse occupancy arrangements. Interested parties are encouraged to inquire about lease terms and availability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $840,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $845,000
- 6.5%
- $835,000
- 7%
- $790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $945,000
- Geo Method
- $980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $990,000
- Retail
- $965,000
- Mixed-Use
- $820,000
- Hospitality
- $890,000
- Educational
- $875,000
- Residential Income
- $1,030,000
- Energy
- $990,000
- Income-Based Land
- $1,000,000
- Food Service
- $950,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.787
- Latitude
- 46.8052
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA