122 Broadway N - Storefront Retail/Residential FOR SALE


Fargo, ND 58102
$3,725,000 USD
701-200-7691
122 Broadway N, Fargo, ND for Sale
$3,725,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 7.6% Cap Rate

122 Broadway N
Fargo, ND 58102


OVERVIEW

The Merchants Bank building was constructed in 1911 and has undergone extensive renovation to modernize the space and prepare it for its next role in downtown Fargo’s history. Chase Bank occupies half of the first floor and there is available space for a retail or restaurant concept. Second floor is fully leased to Emerging Prairie. As Fargo’s Central Business District, downtown Fargo is home to nearly 20,000 jobs. *Opportunity Zone tax benefits may apply.

FOR SALE DETAILS

PRICE

$3,725,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C

APN/PARCEL ID

01-2381-00320-000

ASK ABOUT THIS PROPERTY

Matt OlsonProperty Resources GroupMore Info
701-200-7691

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Matt OlsonProperty Resources GroupMore Info
701-200-7691

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