701-400-4445
1237 W Divide Ave, Bismarck, ND for Sale
Medical - FOR SALE
1/6
null | 7.1% 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

Built in 1980 and zoned CG, the property offers a versatile space for a variety of uses. With a clear span design, red iron construction, and numerous updates, this property boasts high visibility and existing lease agreements. Its prime location at the high-traffic corner of I-94 and Divide, with 13,500 VPD on W Divide Ave and 19,335 VPD on I-94/Schafer Street, ensures maximum exposure. ADA compliant, heated/insulated, and featuring a maintenance-free exterior, this landmark building is a prominent asset in the Bismarck area.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

7.1%

% 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.