670 4th Ave N - Churches FOR SALE


Fargo, ND 58102
$5,200,000 USD
701-200-7691
670 4th Ave N, Fargo, ND for Sale
$5,200,000 USD
Churches - FOR SALE
1/1
null | 7.4% Cap Rate

670 4th Ave N
Fargo, ND 58102


OVERVIEW

This property is a beautiful venue that is leased by the Sanctuary Event Center. With great parking along with a fantastic venue the Sanctuary stays busy with weddings, concerts and events of all sorts. This has a long-term lease in place with annual increases in rent. There are an additional 58 spaces that could be rented out for $75.00 per month. *Opportunity Zone tax benefits may apply.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St. Mark's Lutheran Church

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

01-0450-00100-000

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.