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    FOR SALE
    Office Spaces

    421 N 4Th St, Bismarck, ND 58501

    1,940 SF 0.19 ac lot Built 1971
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US56-0393450
    Property summary
    AI-generated overview

    This exceptional 3,880 square foot, two-story office building is situated in the heart of Downtown Bismarck, Burleigh County, North Dakota. The property, located at 421 N 4th Street, zip code 58501, is a single-tenant traditional office building offering a unique blend of functionality and convenience. A key feature is the existing drive-thru, ideal for businesses requiring quick customer access. Ample on-site parking is available for both staff and clients. The building boasts a fully finished lower level, complete with private offices and dedicated bathrooms, ensuring privacy and efficiency for occupants. Excellent signage opportunities exist, providing high visibility and brand recognition. This stand-alone building presents a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving downtown area. The property's classification includes both Office and Retail uses, making it versatile for a range of businesses. Its location within the Downtown Bismarck submarket offers easy access to local amenities, transportation routes, and a vibrant business community. This is an ideal space for a business seeking a prominent presence in a desirable location. The building's single-tenancy status provides a straightforward ownership experience.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1971
    Total area 1,940 SF
    Lot 0.19 ac (8,416 SF)
    Zoning code DC
    APN 0015-024-025
    UPID US56-0393450
    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
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Benchmark Properties LLC · 11 yrs held
    Benchmark Properties LLC
    since 2014
    7 recorded transactions
    2014
    2013
    2012
    $308,640
    2012
    2012
    $290,748
    2012
    $228,500
    2012
    $194,845
    Zoning & alternative use
    DC · Bismarck, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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