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100 W Broadway Ave

105,000 SF Vacant Office Building Bismarck, ND 58501 $21,000,000 ($200/SF)

Investment Highlights

  • Two large elevators
  • Enclosed ground level with heated parking
  • Extremely large parking lot

Executive Summary

Here is your chance to own a once-in-a- lifetime ENTIRE BLOCK in downtown Bismarck known as the BROADWAY BUILDING with over 105,000 sq ft. (including all the condos on the 3rd floor this structure is 155,000 sq ft). This ICONIC brick building can be your next amazing investment. Rental income comes from an array of fabulous tenants - Broadway Spa and Salon, Crowley Fleck Law Firm, Federal Public Defender, ND Petroleum Council, Pine Petroleum, Inc., Pure Skin Aesthetic & Laser Center and Top Speed Energy USA, LLC. There is additional business space available for more tenants which will generate extra income. The Restaurant known as the BROADWAY GRILL & TAVERN is also INCLUDED with this sale (buyer to pay extra for the furniture, equipment, liquor license and inventory). There are a total of 17 condos on the 3rd floor. Each condo pays $200 per month for HOA fees and $1000 per year towards a maintenance repair fund to the owners of the BROADWAY BUILDING. There is also an exercise room, Sauna, Bathroom and Meeting-Gathering Room on the 3rd floor. This property has so many amazing features including 2 large elevators and custom quality throughout. The parking lot is extremely large to handle lots of vehicles and there is enclosed ground level HEATED parking. Check out this PRIME LOCATION with so many different sources of income -QUALIFIED BUYERS ONLY (must sign a confidentially agreement before showing).

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
105,000 SF
Building Class
B
Year Built
2015
Price
$21,000,000
Price Per SF
$200
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
35,000 SF
Building FAR
1.16
Lot Size
2.07 AC
Opportunity Zone
Yes
Zoning
DF - Downtown Fringe
Parking
30 Spaces (0.29 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0001-058-200
  • 0001-058-101
Land Assessment
$282,500
Improvements Assessment
$4,581,200
Total Assessment
$4,863,700
  • Listing ID: 31915354

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 100 W Broadway Ave, Bismarck, ND 58501

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