- For Sale $1,950,000
- Property Type Office - General Office
- Property Size 23,490 SF
- Units 44
- Lot Size 1.23 Acre
- Year Built 1971
- Date Updated May 14, 2026
Description
This 23,490 SF office building, built in 1971, is a revenue-generating asset with substantial annual income of $226,944. With handicap accessibility, and recently remodeled common areas, this property offers long-term tenancy with lease renewal upside. New HVAC equipment, ample parking, and high visibility with 24,895 daily vehicles on State Street ensure a prime investment. With the potential to increase rentable SF and attract tenants, this building is priced to sell – making it a sought-after opportunity for savvy investors.
Highlights
- $226,944 in Annual Income
- 2025 Taxes: $24,755.61
- Ample Asphalt Parking in Front and Rear of Property
- Building Size: 23,490 SF
- Commercial Grade Carpet Throughout
- Common Area Kitchen and Conference Room Available to all Tenants
- Handicap Accessible in Common Restrooms Freshly Remodeled on Both Levels
- High Traffic and Visibility with 24,895 Vehicles Per Day on State Street
- Investment Office Building
- Located in the Heart of North Bismarck
- Long Term Tenancy with Lease Renewal Upside
- Lower Level Suites 45 & 55 can be Finished for More Rentable SF
- New HVAC Equipment in 2024
- New LED Lighting in Most Suites
- Park and Walk-In Accessibility
- Priced to Sell
- Revenue Generating Investment with Tenants in Lease
- Sale Price: $1,950,000
- Specials Balance: $5,130.14
- Specials Installments: $1,084.37
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Contacts
George Yineman
Rise Property Brokers
Location
Contact Listing Broker
George Yineman
Rise Property Brokers
