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    FOR LEASE
    Medical Office Space

    401 E Broadway Ave, Bismarck, ND 58501

    17,471 SF Built 1898
    Property ID
    US56-0741306
    Property summary
    AI-generated overview

    This exceptional six-story, 17,471 square foot office building, constructed in 1898 with additions in 1955, presents a unique investment opportunity in the heart of Bismarck, North Dakota. Located at 401 E Broadway Ave, this property boasts a prime location, just one block from Main Street and situated on the corner of Broadway and 4th Street, offering excellent visibility and accessibility. The building features nine units, including a mix of finished and unfinished spaces, providing flexibility for a variety of uses. Currently, the main floor and lower level (6,225 square feet total) are leased to Pebble Spa Co., while the second floor west suite (1,748 square feet) is occupied by Hawk & Horn, and the third floor houses The Good Kids and The Barber’s Wife. The building includes a common lobby, elevator, and men's and women's restrooms on each floor. Recent updates include new windows installed by the current owner. The unfinished fourth and fifth floors (each offering suite sizes ranging from 1,748 to 3,495 square feet) present significant potential for development and customization. The building is zoned DC (Downtown Core) and offers ample signage opportunities on Broadway Avenue. Nearby amenities include city parking ramps, on-street parking, dining, coffee shops, bars, retail shops, grocery stores, banking, medical clinics, an event center, a mall, and a post office. This property is ideal for a variety of uses, including restaurants, bars, retail, professional offices, medical clinics, financial institutions, salons, boutiques, and legal services. All dimensions are approximate

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1898
    Total area 17,471 SF
    UPID US56-0741306
    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
    • Langan Engineering Consultant
    • Hawk And Horn Tattoo Tattoo & Piercing Shop
    • The Good Kids Marketing & Advertising (Bike/Boat/Book/etc) Store
    • The Barber's Wife Barber Shop
    • GLOW Aesthetic Clinic Spa & Massage Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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