$1,425,000
726 S 2nd Street
Bismarck, ND 58504
MLS# 3411160
Status: Closed
4932 sqft


0-Front of Building
  1 / 82  
0-Front of Building Additional Photo 2 2-Front Parking Lot 3-Yard & Side Street 4-Side Street to Back Parking 5-Back Parking Lot 6-Back Parking Lot 7-Yard in the Back 8-Back Parking Lot 9-Back Parking Lot 10-Back Parking Lot 11-Yard by the Back Parking Lot 12-Front of Building 13-Front Entrance 14-Front Entrance 15-Entrance & Waiting Room 16-Entrance 17-Front Desk 18-Waiting Room 19-Waiting Room 20-Waiting Room 21-Waiting Room 22-Waiting Room 23-Entrace & Restroom 25-Restroom 26-Restroom 27-Front Desk 28-Front Desk 29-Front Desk 30-Front Desk 31-Front Desk 32-Front Desk 33-Front Desk 34-Back of Front Desk 35-Front Desk & Hallway 36-Hallway 37-Xray Room 38-Xray Hallway to Desk 39-Desk 40-Hallway 41-Exam Rooms A&B 42-Exam Room A 43-Exam Room A 44-Exam Room B 45-Hallway & Storage 46-Hallway & Storage 47-Cleaning Room 48-Storage 49-Storage 50-Exam Room 50-Hallway 51-Exam Rooms 52-Exam Room 53-Hallway & Exam Rooms 54-Exam Rooms 55-Exam Room 56-Hallway 57-Hallway 58-Ceiling Detail 59-Ceiling Detail 60-Ceiling Detail 61-Work Room 62-Work Room & Storage 63-Work Room & Storage 64-Bathroom 65-Stairs to Basement 66-Break Room 67-Break Room 68-Bathroom 69-Bathroom 70-Laundry Room 71-Employee Cubbies 72-Employee Cubbies 73-Storage Cubbies 74-Storage Cubbies 75-Storage Room 76-Storage Room 77-Storage Room 78-Storage & Furnace Room 79-Storage Room 80-Storage Room

Property Description
AMAZING investment opportunity with INSTANT cash flow! This classic brick building sits on 1.05 acres (46,001 Square Feet) in a central location. The property is currently a dental office with only the building being for sale. The building is fully leased through May 2026, plus option to renew. With 12 parking spaces in the front of the building, there is plenty of parking for patients. There is an additional parking lot in the back for employees. Inside of the building has a timeless feel with the ceiling architecture. The front desk area has two receptionist desks and three additional desks behind them. The bathroom for patients is right off the waiting room. There are seven exam rooms, four separate doctor offices along with a dark room (x-ray), lab room, and a large center prep counter. Towards the back of the building is the doctors break room, doctor's bathroom, an employee bathroom, and a few storage closets. Down the stairs is a wall of cubbies for employees, a storage closet, employee break room, bathroom, laundry room, and an extra-large utility room used for storage. The utility room houses the two furnaces which are split into four zones around the building. The HVAC system is less than two years old. The water heater is newer also. The property has underground sprinklers, cedar shake shingles, a built-in storage shed on the back of the building, and the windows in the vault were replaced 5-10 years ago. Only the building is for sale, business not for sale.

Details
Maps
Documents
Contract Information
List Price/SqFt: 304.12
Sold Price/SqFt: 288.93
Price Type: Sale Only
Lease Terms: Renewal Option
Sold Price: $1,425,000
Current Price: $1,425,000
Date Listed: 2021-06-14
Remarks
Directions: South on S 3rd Street, West on E Indiana Ave, South on S 2nd Street.
Public Remarks: AMAZING investment opportunity with INSTANT cash flow! This classic brick building sits on 1.05 acres (46,001 Square Feet) in a central location. The property is currently a dental office with only the building being for sale. The building is fully leased through May 2026, plus option to renew. With 12 parking spaces in the front of the building, there is plenty of parking for patients. There is an additional parking lot in the back for employees. Inside of the building has a timeless feel with the ceiling architecture. The front desk area has two receptionist desks and three additional desks behind them. The bathroom for patients is right off the waiting room. There are seven exam rooms, four separate doctor offices along with a dark room (x-ray), lab room, and a large center prep counter. Towards the back of the building is the doctors break room, doctor's bathroom, an employee bathroom, and a few storage closets. Down the stairs is a wall of cubbies for employees, a storage closet, employee break room, bathroom, laundry room, and an extra-large utility room used for storage. The utility room houses the two furnaces which are split into four zones around the building. The HVAC system is less than two years old. The water heater is newer also. The property has underground sprinklers, cedar shake shingles, a built-in storage shed on the back of the building, and the windows in the vault were replaced 5-10 years ago. Only the building is for sale, business not for sale.
Location
Sub Area: Bismarck City SE
Street Number: 726
Street Name: S 2nd
Street Type: Street
Area: Bismarck City
State: ND
Zip Code: 58504
County: Burleigh
Legal, Tax and Other Information
Taxes: 15223
Tax Year: 2020
Specials Installment: 1277
Specials Balance: 8891
Zoning: Commercial
Parcel ID: 1200-001-250
Legal Description: WAL MART ADDITION BLOCK 1 LOT 6
General Property Information
Lot SqFt: 46001
Lot Acres: 1.06
Sub Type Details: Building Only
Lot Dimensions: 0
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 3626
Finished Below Grade SqFt: 1306
Garage Spaces: 0
Fee: No
Year Built: 1983
Total Finished SqFt: 4932
Business Type
Office Buildings: 1
Office Space: 1
Professional Service: 1
Other: 1
Basement
Crawl Space: 1
Egress Windows: 1
Partial: 1
Partially Finished: 1
Building Info
Break Room: 1
Laundry Room: 1
Roof
Shingle: 1
Wood: 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Natural Gas: 1
Construction Materials
Brick: 1
Concrete: 1
Flooring
Carpet: 1
Tile: 1
Listing Terms
No Seller Finance: 1
Lot Features
Level: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Tenant Pays
Electricity: 1
Heating: 1
Insurance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Status Change Info
Status: Closed
Under Contract Date: 2021-06-24
Sold Date: 2021-09-15
Sold Price: $1,425,000
Property Features
Business Type: Office Buildings; Office Space; Professional Service; Other
Building Info: Break Room; Laundry Room
Cooling: Central Air
Heating: Forced Air; Natural Gas
Construction Materials: Brick; Concrete
Roof: Shingle; Wood
Flooring: Carpet; Tile
Basement: Crawl Space; Egress Windows; Partial; Partially Finished
Water Source: Public
Sewer: Public Sewer
Tenant Pays: Electricity; Heating; Insurance; Sewer; Taxes; Trash Collection; Water
Listing Terms: No Seller Finance
Lot Features: Level

Listing Office: CENTURY 21 Morrison Realty

Last Updated: September - 06 - 2024

Information deemed reliable but not guaranteed.