1237 W Divide Ave - Medical FOR SALE


Bismarck, ND 58501- Downtown Bismarck
$11,400,000 USD
701-400-4445
1237 W Divide Ave, Bismarck, ND for Sale
$11,400,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

1237 W Divide Ave
Bismarck, ND 58501
Downtown Bismarck


HIGHLIGHTS

  • Flexible commercial environment positioned at a prominent I 94 and West Divide Avenue corner offering strong visibility and steady traffic flow
  • Clear span red iron construction creating adaptable interior volume suited for a wide range of commercial uses
  • Updated features including ADA compliant access, fire sprinklers, and a low maintenance exterior that enhances operational ease
  • Surrounded by notable community anchors including Bismarck State College, Highland Acres, and the Bismarck Community Bowl
  • Large site with abundant parking and strong corner presence contributing to long term desirability and user convenience

OVERVIEW

This flexible and accessible commercial building sits in a prime location at the intersection of I-94 and West Divide Avenue. The building is a recognizable landmark near Bismarck State College, the Highland Acres residential neighborhood, and the Bismarck Community Bowl. With its red iron construction and clear span design, this building offers a large space that can suit various purposes. The building also meets ADA standards, has fire sprinkler systems, and is presently leased to 96% capacity until the onset of summer in 2025.

FOR SALE DETAILS

PRICE

$11,400,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.91 AC

LAND SF

213,880 SF

ZONING

General Commercial

APN/PARCEL ID

0821-001-050

ASK ABOUT THIS PROPERTY

Jon LeeRise Property Brokers, IncMore Info
701-400-4445

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Jon LeeRise Property Brokers, IncMore Info
701-400-4445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.