415 Fraine Barracks Road, Bismarck, ND 58504 | Listings

415 Fraine Barracks Road, Bismarck, ND 58504

  • $2,350,000
  • 25,791 sq ft
  • Year Built: 1968
  • Commercial
  • Listing #409056

Property Description

24-plex and 12-plex, to be sold together, located in west-central Bismarck with easy access to Main Street, Memorial Hwy Bridge, and the Riverfront Trail along River Road. Each unit is assigned a single garage, additional surface parking is also available. Tenants pay electricity, in-unit television & internet, as well as coin-operated laundry. SF listed is for 24 unit. Buyer to verify 12 unit SF. 5.9% cap rate based on annualized 2020 owner financials; 100% occupancy; Masonry exterior; Some units have been updated;Steel decking on balconies.*Additional photos available

Listing Details

Price$2,350,000
Year Built1968
Property TypeCommercial
Listing #409056
StatusActive
CountyBurleigh
Listing TypeFor Sale
Property Taxes (Annual)$26,385.70

Interior Features

Square Feet25,791
Heating and CoolingBaseboard, Boiler, Hot Water, Wall/Window Units

Exterior Features

ExteriorBrick
FoundationUnknown
GarageDetached Garage
Lot Size1.26 acres

Miscellaneous

MLS AreaBismarck City

Courtesy of Kyle W Holwagner and Kristyn Steckler, Cra

Bismarck Mandon BOR© 2020 Bismarck Mandon BOR. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Legendary Properties.
This content last updated on 11/25/2020 6:55 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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