1237 W Divide Ave

Investment 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.

Investment Highlights

• Sale Price: $9,950,000 (Massive $1,450,000 Price Reduction!)
• Building Size: 64,286 SF
• Lot Size: 214,009 SF
• Zoning: CG
• Year Built: 1980
• 2025 Taxes: $117,187.86
• Specials Balance: $40,393.82
• Specials Installments: $10,724.90
• 8.04% Cap Rate
• Clear Span Design
• Red Iron Construction
• High Visibility
• Existing Lease Agreements
• Several Updates
• Multiple Uses
• ADA Compliant
• Heated/Insulated
• Large Windows
• Lobby/Reception Area
• Conference Room
• Private Offices
• Common Restrooms
• Fire Sprinklers
• Pylon Signage
• Abundant Parking
• Maintenance-Free Exterior
• Recognizable Landmark Near Bismarck State College, the Highland Acres Neighborhood, and the Bismarck Community Bowl
• 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