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Property profile & analytics
OFF-MARKET
Commercial real estate

609 4Th St Bismarck, ND 58501

Property ID
US56-0200490
Property summary
AI-generated overview

This exceptional multifamily property, located at 609 N 4th St in Bismarck, North Dakota, presents a unique investment opportunity. Priced at $165,000, this building offers endless possibilities for renovation and redevelopment. Situated in the heart of downtown Bismarck, within the downtown fringe zoning district, the property boasts significant potential. While previously configured as a 3-bedroom apartment upstairs, the interior is currently a blank canvas, allowing for creative design and flexible use of the over 3,000 square feet of potential finished space. The property's exterior has already benefited from recent improvements, with the roof shingles replaced in 2022. This prime location in Burleigh County, zip code 58501 (latitude 46.8110993, longitude -100.785623), offers easy access to Bismarck's vibrant downtown area and its amenities. Don't miss this chance to acquire a property with substantial upside potential in a thriving North Dakota market. The building's flexible zoning and substantial square footage make it ideal for a variety of uses, from residential to commercial, or a combination of both. This is a rare opportunity to acquire a property with significant potential in a desirable location.

Property profile
Verified
Property type Commercial real estate
UPID US56-0200490
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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