For Sale
$14,000,000

118 Broadway Fargo, ND 58102

Historic Fargo Office Space, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional traditional office building, located at 118 Broadway N in Fargo, North Dakota, presents a compelling investment opportunity. The Black Building, encompassing 69,727 square feet across its main through fifth floors, boasts a strong net operating income (NOI) of $704,401. Its prime downtown location offers unparalleled convenience and accessibility. The building features a direct connection to the city's skyway system, providing seamless indoor access to numerous businesses and amenities. Parking is readily available with 69 dedicated heated parking spaces situated across the street in the Kesler building. Further enhancing its accessibility, the Black Building is conveniently connected via skyway to the Fargo Civic Center parking ramp and is just a two-minute walk from the Roberts Commons Parking Garage. The asking price for this remarkable property is $14,000,000. This presents a rare chance to acquire a significant, well-located office building in a thriving North Dakota market with a proven track record of strong financial performance. The building's historic character and modern conveniences combine to create a highly desirable and functional workspace. This is an ideal investment for those seeking a stable, high-return property in a dynamic urban setting. The property is located in Cass County, zip code 58102.

Highlights

  • $14,000,000 Asking Price
  • 69,727 Square Foot Traditional Office Building
  • $704,401 Net Operating Income (NOI)
  • Located at 118 Broadway N, Fargo, ND 58102
  • Includes 69 dedicated heated parking spaces across the street.
  • Skyway connected to Fargo Civic Center parking ramp and within walking distance to Roberts Commons Parking Garage.

Property Details for 118 Broadway

Property type
Office properties
Square Feet
69,727 SF

Location Insight

City
Fargo
County
Cass
State
North Dakota
Latitude
46.8776125
Longitude
-96.7881178

FAQs

What type of property is this?
Office property - Historic Fargo Office Space, High NOI
Where is the office property located?
The property is located at 118 Broadway Fargo, ND.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: $14,000,000 Asking Price; 69,727 Square Foot Traditional Office Building; $704,401 Net Operating Income (NOI)
How can I contact the broker?
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118 Broadway
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