Montana realtor Michael Dennen is selling his office building for $4.8 million to an investor.
The office building in Bismarck, North Dakota, was built in 1949 and is owned by the North Dakota State Historical Society.
It’s currently being renovated for a 2016 renovation.
The real estate agent is paying $4,850 per square foot.
Dennengen’s company, Denns Real Estate, has done several projects around the country with the same real estate office building.
Denny has sold the office building to the investor, who plans to convert the building into condos.
It will be a new office building, but it will be much larger than the original, he said.
“I am confident that I have the skills, the skillset, and the connections to be able to do it, and we’re just getting started.”
Dennes Real Estate will be leasing the space to the city of Bismark.