For Sale
$850,000

818 Main Ave Fargo, ND 58103

Prime Fargo Office: 5,200 SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5,200-square-foot Class B office building, located at 818 Main Ave in Fargo, North Dakota, presents a rare investment opportunity. Currently 100% occupied under an Absolute NNN lease, this single-story structure boasts high-quality finishes and offers significant potential for both owner-occupants and investors. The property features two entrances, thirteen individual offices, a spacious bullpen/cube area, a large conference room with a skylight, a convenient kitchenette, and dedicated reception and work areas. Situated on a 7,000-square-foot lot in a vibrant downtown Fargo location, the building benefits from ample parking. The asking price is $850,000, representing a compelling $163.46 per square foot and an 8.50% cap rate. Zoned for commercial use, this versatile property is ideally suited for a wide range of professional uses, including medical practices, financial services, co-working spaces, and architectural or engineering firms. The building has been meticulously maintained and offers a turnkey solution for immediate occupancy or a strong, stable income stream. This is a truly exceptional opportunity in a thriving North Dakota market. The property is located in Cass County, zip code 58103.

Highlights

  • $850,000 asking price for this 5,200 square foot office building.
  • Located at 818 Main Ave, Fargo, ND 58103, in a vibrant downtown location.
  • Class B, single-story building with 100% occupancy.
  • Features thirteen offices, a large conference room, kitchenette, and ample parking.
  • Absolute NNN lease type, multi-tenant occupancy, with a price per square foot of $163.46 and an 8.50% cap rate.
  • 7,000 square foot lot size, zoned commercial, and broker co-op is available.

Property Details for 818 Main Ave

Property type
Office properties, Office space
Square Feet
5,200 SF
Class
B
Stories
1

Location Insight

City
Fargo
County
Cass
State
North Dakota
Latitude
46.874391
Longitude
-96.7921159

FAQs

What type of property is this?
Office property - Prime Fargo Office: 5,200 SF, 100% Occupied
Where is the office property located?
The property is located at 818 Main Ave Fargo, ND.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price for this 5,200 square foot office building.; Located at 818 Main Ave, Fargo, ND 58103, in a vibrant downtown location.; Class B, single-story building with 100% occupancy.
How can I contact the broker?
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818 Main Ave
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