608 Main Ave - Storefront FOR SALE


Fargo, ND 58103
$1,250,000 USD
701-541-1541
608 Main Ave, Fargo, ND for Sale
$1,250,000 USD
Storefront - FOR SALE
1/15
null | 7.02% Cap Rate

608 Main Ave
Fargo, ND 58103


HIGHLIGHTS

  • High Traffic Counts
  • Prime Downtown Fargo Location
  • High end 2,200 SF 2bedroom 2 bath unit

OVERVIEW

Great opportunity for 2 commercial buildings in one parcel with a motivated seller! 608 & 610 Main Avenue overlooks newly constructed Main Avenue at intersection with Broadway in Downtown Fargo. Excellent location with two fully remodeled retail spaces. Four updated apartments with excellent rent history and cashflow. A fifth apartment is a high end residential unit 2,200+/- square foot loft.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1894

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

DMU

APN/PARCEL ID

01-2240-00840-000

ASK ABOUT THIS PROPERTY

Jordell BaumbachBaumbach Real EstateMore Info
701-541-1541

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Jordell BaumbachBaumbach Real EstateMore Info
701-541-1541

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