For Sale
$282,000

1409 Lockheed DrBismarck, ND 58504

2,000 sq ft Warehouse Condo, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2,000-square-foot industrial condo, built in 2023, presents a unique investment opportunity in Bismarck, North Dakota. Located at 1409 Lockheed Dr 16, this two-story property boasts a 16-foot ceiling height, a spacious 32x40-foot floor plan, and a wrap-around loft, adding significant versatility. The unit includes a 14x14-foot overhead door with a remote opener, perfect for easy access and efficient material handling. Practical features such as a utility sink, floor drain, and bathroom enhance functionality. The property is well-lit and equipped with keyless entry and a video doorbell for added security. Heating is included. Zoned for light industrial use (MA), this condo is ideal for various businesses, storage needs, or even personal use. The HOA fee of $100 per month covers exterior maintenance and insurance, snow removal, dumpster service, an outside security system, and water/sewer. Conveniently located near the expressway, this property offers easy access to major transportation routes. Additional amenities include USPS mail delivery lockers and a private drive. The property is currently vacant and offers high rental potential, with market rates averaging $1 per square foot. This rapidly growing area ensures a strong return on investment and significant future resale value.

Highlights

  • 2,000 sq ft industrial condo built in 2023, located at 1409 Lockheed Dr 16, Bismarck, ND.
  • Two-story unit with 16' ceilings, 32'x40' floor plan, and wrap-around loft.
  • Features a 14'x14' overhead door with remote, utility sink, floor drain, bathroom, keyless entry, and video doorbell.
  • Heating included; $100/month HOA covers exterior maintenance, insurance, snow removal, dumpster, security system, and water/sewer.
  • Light industrial zoning (MA), excellent location near expressway with USPS mail lockers and private drive; currently vacant with high rental potential ($1/sq ft).

Property Details for 1409 Lockheed Dr

Property type
Warehouses, Industrial properties
Square Feet
2,000 SF
Year Built
2023
Stories
2

Location Insight

City
Bismarck
County
Burleigh
State
North Dakota
Latitude
46.7883889
Longitude
-100.756033
1409 Lockheed Dr, Bismarck, North Dakota

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1409 Lockheed Dr
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