2219 Main AveBismarck, ND 58501

Property Details for 2219 Main Ave

Year built

1956

Lot size

0.71 AC

Property size (Sq ft)

8,163 SF

Zone code

MA

Property type

Office properties

APN

0105-031-001

APU

105031001

Description

This exceptional Bismarck property, located at 2219 E Main Ave, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The single-tenant building, constructed in 1956, boasts a total of 8,163 square feet, with 2,400 square feet currently vacant and ready for immediate occupancy. The building features a substantial 140-foot frontage on Main Avenue, ensuring excellent visibility and accessibility for clients and employees. The property's classification as both Executive Office and Warehouse space provides flexibility for businesses requiring both administrative and storage areas. Situated in Bismarck, North Dakota, zip code 58501, this property benefits from high traffic counts and a prominent location on Main Avenue. The building's single-tenant occupancy offers a streamlined and efficient operational environment. This is a rare opportunity to secure a well-positioned, versatile commercial space in a thriving North Dakota market. The ample square footage and prime location make this property an attractive option for businesses seeking to establish or expand their operations in Bismarck. The existing infrastructure provides a solid foundation for immediate use, minimizing upfront investment and allowing for rapid business commencement. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,276,700

  6.5%

  $1,178,492

  7%

  $1,094,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $416,640

  Geo Method

  $416,640

• Alternative Use

  Use

  Valuation

  Residential

  $1,461,331

  Hospitality

  $1,338,571

  Educational

  $1,113,675

  Medical

  $1,151,976

  Retail

  $1,732,384

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.8046

Longitude

-100.758

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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