1400 Interchange Ave - Hospitality FOR SALE


Bismarck, ND 58501- Downtown Bismarck
$5,500,000 USD
801-736-2617
1400 Interchange Ave, Bismarck, ND for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

1400 Interchange Ave
Bismarck, ND 58501
Downtown Bismarck


HIGHLIGHTS

  • Ideal Property for Opportunistic Owner Operator
  • Priced Well Below Replacement Cost
  • Bismarck is the Capital of North Dakota and the Second Most Populous City in the State
  • Bismarck is Home to Two Universities and a College: Bismarck State College, North Dakota University, and University of Mary
  • Bismarck Acts as the Medical Hub of North Dakota, with Two Major Hospitals Totaling over 500 Beds

OVERVIEW

Mountain West Commercial is pleased to present the leasehold interest in the Ramada by Wyndham in Bismarck, North Dakota. This well-maintained property features 141 guest rooms across two interior corridors and is situated on a spacious 6.04-acre parcel. Conveniently located just off Exit 159 at the intersection of Interstate 94 and State Highway 83 in central Bismarck, the hotel offers excellent accessibility and visibility. The Ramada Bismarck provides over 10,000 square feet of flexible meeting space, ideal for hosting events, weddings, and business gatherings, making it a valuable asset for both business and leisure travel markets. Additionally, the property features the 701 @ Ramada restaurant, which offers guests a delightful breakfast experience and a relaxed, casual dining atmosphere.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$51 USD /SF

# OF ROOMS

141

PRICE/ROOM

$39,007 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Ramada Bismarck

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.02 AC

LAND SF

262,231 SF

ZONING

CG

APN/PARCEL ID

0322-001-005

ASK ABOUT THIS PROPERTY

Wesley ChristensenMountain West CommercialMore Info
801-736-2617

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Wesley ChristensenMountain West CommercialMore Info
801-736-2617

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