1310 Main AveBismarck, ND 58504

Property Details for 1310 Main Ave

Year built

2010

Lot size

2.33 AC

Property size (Sq ft)

99,684 SF

Zone code

MA

Property type

Office properties

APN

0010-014-001

APU

10014001

Description

This exceptional 18,986 square foot medical office building, located at 1310 E Main Ave in Bismarck, North Dakota, presents a unique investment opportunity. Situated in the heart of downtown Bismarck, this multi-tenant property offers immediate access to key amenities and a high-traffic location. The building features multiple suites available, with a minimum divisible space of 1,188 square feet and a maximum contiguous space of 4,088 square feet. Currently, 5,276 square feet is vacant, providing significant potential for expansion or new tenancy. The building is equipped with elevators for convenient access to all floors. The property's classification as both Medical Office and Professional Office makes it suitable for a wide range of healthcare and professional services. Its central location in Burleigh County, with a Bismarck zip code of 58504, ensures high visibility and easy accessibility for patients and clients. This is an excellent opportunity to acquire a well-located, established medical office building in a thriving North Dakota market. The building's size and layout offer flexibility for various medical practices or professional businesses seeking a prominent downtown presence. Interested parties are encouraged to inquire about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $15,590,663

  6.5%

  $14,391,382

  7%

  $13,363,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,087,872

  Geo Method

  $5,087,872

• Alternative Use

  Use

  Valuation

  Residential

  $17,845,314

  Hospitality

  $16,346,211

  Educational

  $13,599,856

  Medical

  $14,067,575

  Retail

  $21,155,330

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.8059

Longitude

-100.772

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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