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1035 & 1051 E Interstate Avenue

$2,400,000

1035 & 1051 E Interstate Avenue, Bismarck, ND 58501

Active
Last Updated: 10/16/2025

5.45

Cap Rate

130,748

NOI

Details:
Cap Rate:    5.45%
NOI:    $130,748
Building Size:    22,300 sqft
Lot Area:    2.2426 acres
Units:    11
Year Built:    1978
Highlights:
  • Prominent location
  • Easy Access
  • Expansive lot with I-94 and Highway 83 exposure
  • Leases in place
  • Great income producing or owner occupied opportunity
  • Large parking area
  • Revenue producing billboards
  • Pylon Sign for maximum exposure
  • Taxes (2024): $17,326.60 (1035) / $22,419.46 (1051)
  • Specials- (1035) Installments: $1,034.50 / Balance: $ 1,905.50
  • (1051) Installments: $847.22 / Balance: $1,560.54
  • ***SHOWING DISCLOSURE: All showings must be prescheduled to qualified buyers. All property visits must be approved by listing broker. Absolutely no contact with tenants, management, or ownership without approval from listing brokers. DO NOT CONTACT MANAGER OR DISTURB OCCUPANTS. Please contact listing broker before any visit to the site. All showings of units will only occur upon qualified offer with reasonable buyer inspections and due diligence.
Description:

A rare opportunity to acquire property at one of the region’s most sought-after intersections—I-94 and Highway 83. These multi-use buildings sit at the very heart of the Bismarck/Mandan trade area, offering unmatched visibility and access. Current leases on individual spaces, income from on-site billboards, and a highly prominent pylon sign make this an ideal income-producing investment or redevelopment site.

Located in the heart of North Dakota's capital, the area offers a dynamic business environment and a strong local economy. Nearby, the Bismarck Civic Center hosts a variety of events, while the vibrant downtown area is home to diverse dining, shopping, and entertainment options. With easy access to major roadways including Hwy 83 & I-94, the area presents an enticing opportunity for retailers seeking a dynamic and well-connected community.

Map:
Documents:
Title
Offering_Memorandum.pdf
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Location
Gallery