1830 Century AveBismarck, ND 58503

Property Details for 1830 Century Ave

Year built

1992

Lot size

1.42 AC

Property size (Sq ft)

14,400 SF

Zone code

CG

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1225-003-240

APU

1225003240

Description

This exceptional Bismarck commercial property, located at 1830 E Century Ave, Unit 2, offers 1,157 square feet of versatile space ideal for a variety of businesses. The single-story building features two private offices, a reception area, a break room, and a private restroom, providing a comfortable and functional workspace. Its prime location ensures high visibility and accessibility, complemented by ample parking for tenants and visitors. The property is available for lease from September 1st, with a lease rate of $22 per square foot, plus gas and electricity. A 3% escalator clause is included in the 5-year lease term. Landlord responsibilities encompass snow removal, lawn care, taxes, building insurance, water, and building maintenance. This property presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space. The unit can also be leased in conjunction with Unit 1 for a combined total of 3,000 square feet, offering even greater flexibility for expanding businesses. This is a single-tenant space classified as Traditional Office, Medical Office, Commercial, and Retail. The property's zip code is 58503.

• CAP approach

  CAP return

  Valuation

  6%

  $3,310,694

  6.5%

  $3,056,025

  7%

  $2,837,737

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,852,140

  Geo Method

  $1,852,140

• Alternative Use

  Use

  Valuation

  Residential

  $2,577,871

  Hospitality

  $2,361,316

  Educational

  $1,964,587

  Medical

  $2,032,152

  Retail

  $3,056,025

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.8385

Longitude

-100.763

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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