100 4th St S - Medical FOR SALE


Fargo, ND 58103- Downtown Fargo
$3,950,000 USD
701-893-2826
100 4th St S, Fargo, ND for Sale
$3,950,000 USD
Medical - FOR SALE
1/1
null | Request Cap Rate

100 4th St S
Fargo, ND 58103
Downtown Fargo


HIGHLIGHTS

  • Precast concrete building
  • Property consists of six floors
  • Large parking lot with approximately 218 spaces
  • Two north-south contiguous elevators
  • Building engineered to add three more floors on top of existing structure
  • Blast pneumatic air furnace

OVERVIEW

Incredible opportunity to acquire The Professional Building – an iconic office and retail building in a premier location in downtown Fargo. Located in the heart of downtown between the Red River, Island Park, and Main Avenue, this is one of the best locations in North Dakota. The location is surrounded by recent and ongoing development contributing to the further revitalization of the downtown area. Neighboring activity includes major renovations of the new Bell Bank corporate headquarters, redevelopment of the Lashkowitz Riverfront Apartments, and newly built mixed-use projects Gateway Center and The Arch. The Professional Building consists of 6 floors that combine for over 50,000 SF of professional office space and first floor retail space. It boasts a large parking lot with over 200 parking spaces, a rare feature for the downtown area. Strong boulevard signage is visible from 4th Street and 1st Avenue. With a prime location, this beautiful property is great for an owner/ occupier, investor, or redevelopment. Don’t miss out on this rare opportunity!

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

218

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

DMU

APN/PARCEL ID

01-2112-00070-000

ASK ABOUT THIS PROPERTY

Paul CampbellGoldmark Commercial Real Estate, Inc.More Info
701-893-2826

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Paul CampbellGoldmark Commercial Real Estate, Inc.More Info
701-893-2826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.