$570,000
1221 22nd Street
Bismarck, ND 58501
MLS# 3403628
Status: Closed
11740 sqft


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Property Description
Looking to expand your business? Prime opportunity to purchase a large commercial shop with 8 rental units on the east side for additional income potential. The main shop is 70x80 with an exterior 14' and 12' door and 16' sidewalls with a small office in front along with a 1/2 bath. There is a roughed in loft area above. The connected addition to the shop is 40x100 with a 14' exterior door and an interior 14' door connecting the two shops. Both shops have overhead sprinklers, each has in floor heat and 3-phase power. The cold storage addition on the east side is 21x100 and contains 8 units, however the common wall is currently removed on the center 2 units and is being used as 1 double sized unit by the present owner. There is also a fenced in area on the north side for additional outdoor storage. The shop is currently being used as an auto body repair/paint shop and there are 2 paint booths being sold with the property, along with a powder coating booth and most of the powder coating inventory on hand. There is also a vehicle lift in the main shop that will stay. Purchase is for the building and land and would include the 3 booths, powder coating inventory and some misc. equipment associated with the paint booths. Personal tools, toolboxes and some inventory are not included. Property is being sold as the building and land along with some fixtures as described herein and is being sold 'AS IS-WHERE IS'. No business income/expense will be provided. While information is deemed accurate, buyer and/or buyer's agent should perform their own due diligence and will want to verify and agree with seller on a list of inclusions/exclusions on personal property and fixtures. Interested buyers should contact John Evanson at 391-5500 for more information and to schedule a showing.

Details
Maps
Documents
Contract Information
List Price/SqFt: 51.02
Sold Price/SqFt: 48.55
Sold Price: $570,000
Current Price: $570,000
Date Listed: 2019-07-18
Remarks
Directions: From Airport Road, Go East on Lee Avenue to 22nd St.
Public Remarks: Looking to expand your business? Prime opportunity to purchase a large commercial shop with 8 rental units on the east side for additional income potential. The main shop is 70x80 with an exterior 14' and 12' door and 16' sidewalls with a small office in front along with a 1/2 bath. There is a roughed in loft area above. The connected addition to the shop is 40x100 with a 14' exterior door and an interior 14' door connecting the two shops. Both shops have overhead sprinklers, each has in floor heat and 3-phase power. The cold storage addition on the east side is 21x100 and contains 8 units, however the common wall is currently removed on the center 2 units and is being used as 1 double sized unit by the present owner. There is also a fenced in area on the north side for additional outdoor storage. The shop is currently being used as an auto body repair/paint shop and there are 2 paint booths being sold with the property, along with a powder coating booth and most of the powder coating inventory on hand. There is also a vehicle lift in the main shop that will stay. Purchase is for the building and land and would include the 3 booths, powder coating inventory and some misc. equipment associated with the paint booths. Personal tools, toolboxes and some inventory are not included. Property is being sold as the building and land along with some fixtures as described herein and is being sold 'AS IS-WHERE IS'. No business income/expense will be provided. While information is deemed accurate, buyer and/or buyer's agent should perform their own due diligence and will want to verify and agree with seller on a list of inclusions/exclusions on personal property and fixtures. Interested buyers should contact John Evanson at 391-5500 for more information and to schedule a showing.
Location
Sub Area: Bismarck City SE
Street Number: 1221
Street Name: 22nd
Street Type: Street
Area: Bismarck City
State: ND
Zip Code: 58501
County: Burleigh
Legal, Tax and Other Information
Taxes: 6645.98
Tax Year: 2018
Specials Installment: 2378.90
Specials Balance: 8301.15
Zoning: MA
Parcel ID: 0615-002-005
Legal Description: GUSSNER INDUST TRACT 2ND Block: 2 LOT 2 AND THE WEST 15' OF RAILROAD EASEMENT ADJ
General Property Information
Lot SqFt: 32573
Lot Acres: 0.75
Lot Dimensions: 151.50x215
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 11740
Finished Below Grade SqFt: 0
Fee: No
Property Sub Type: Commercial
Year Built: 1995
Total Finished SqFt: 11740
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Business Type
Auto Body: 1
Auto Glass: 1
Auto Parts: 1
Auto Repair-Specialty: 1
Auto Service: 1
Boat Sales/Service: 1
Manufacturing: 1
Warehouse: 1
Wholesale: 1
Other: 1
Basement
None: 1
Building Info
Overhead Doors: 1
See Remarks: 1
Roof
Metal: 1
Cooling
None: 1
Heating
Boiler: 1
Hot Water: 1
See Remarks: 1
Construction Materials
Brick: 1
Steel Siding: 1
Flooring
Concrete: 1
Possession
Close Of Escrow: 1
Fencing
See Remarks: 1
Electric
Circuit Breakers: 1
Three Phase: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
See Remarks: 1
Road Frontage Type
City Street: 1
Included
See Remarks: 1
Status Change Info
Status: Closed
Under Contract Date: 2019-07-26
Sold Date: 2019-09-30
Sold Price: $570,000
Property Features
Business Type: Auto Body; Auto Glass; Auto Parts; Auto Repair-Specialty; Auto Service; Boat Sales/Service; Manufacturing; Warehouse; Wholesale; Other
Building Info: Overhead Doors; See Remarks
Cooling: None
Heating: Boiler; Hot Water; See Remarks
Construction Materials: Brick; Steel Siding
Roof: Metal
Flooring: Concrete
Basement: None
Fencing: See Remarks
Electric: Circuit Breakers; Three Phase
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Included: See Remarks
Road Frontage Type: City Street
Possession: Close Of Escrow
Parking Features: See Remarks

Listing Office: TRADEMARK REALTY

Last Updated: September - 06 - 2024

Information deemed reliable but not guaranteed.


Broker Attribution: 701-223-3030