418 Rosser AveBismarck, ND 58501

Property Details for 418 Rosser Ave

Year built

1954

Lot size

0.16 AC

Property size (Sq ft)

15,726 SF

Zone code

DC

Property type

Office properties

APN

0001-122-025

APU

1122025

Description

This exceptional four-story commercial building, located at 418 E Rosser Ave, Bismarck, ND 58501, offers 20,968 square feet of versatile office space in the heart of the Downtown Core. Recently renovated in 2023, the property features a mix of executive and creative office spaces, ideal for a variety of businesses. The building boasts 13 total suites, with a minimum divisible space of 830 square feet and a maximum contiguous space of 5,250 square feet, providing flexibility for tenants of all sizes. Multiple tenancies are available. Building amenities include elevators and a common restroom hall. The property is zoned for Downtown Core use and is conveniently located near 5th St, offering excellent accessibility and visibility. The building's diverse zoning allows for retail, office, and restaurant uses, making it a truly versatile investment opportunity. This prime location in Bismarck, North Dakota presents a unique chance to secure high-quality office space in a thriving urban environment. The building's recent renovation ensures modern and efficient spaces, ready for immediate occupancy. Six spaces are currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $2,459,560

  6.5%

  $2,270,363

  7%

  $2,108,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $802,655

  Geo Method

  $802,655

• Alternative Use

  Use

  Valuation

  Residential

  $2,815,250

  Hospitality

  $2,578,754

  Educational

  $2,145,493

  Medical

  $2,219,280

  Retail

  $3,337,434

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.8087

Longitude

-100.785

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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