503 7Th St Fargo, ND 58102

This meticulously renovated, four-story, 44,963 square foot Class B office building in downtown Fargo, ND boasts 100% occupancy with four tenants under gross leases. Built in 1920 and renovated in 2020, the property features 114 parking spaces and sits on a 37,000 square foot lot. The asking price is $5,750,000, representing a $127.88 per square foot price and a 7.73% cap rate with a $444,244 NOI. Located at 503 7th St N, Fargo, ND 58102, this stabilized investment enjoys a prime location near major employers, cultural attractions, and amenities. The property is zoned Commercial/Industrial and offers end-of-term rent escalations. This is a rare opportunity to acquire a high-performing asset in a thriving downtown market. The property's strong financial performance, coupled with its desirable location and recent renovations, makes it an exceptional investment opportunity.