1324 25Th AveFargo, ND 58103

Property Details for 1324 25Th Ave

Year built

1975

Lot size

0.22 AC

Property size (Sq ft)

3,956 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a thriving restaurant located at 1324 25th Ave S, Fargo, ND 58103. The property, situated on a 0.22-acre lot (APN: 01-0066-000107-000), boasts 3,956 square feet of space, including a basement sports bar and dining area. Built in 1975, the building has undergone significant recent improvements exceeding $60,000. These upgrades include a new roof, HVAC system (replaced in 2014), and a newer hood system. Additional improvements include new carpeting upstairs, a new compressor for the walk-in cooler, and a security system. The property is currently leased under a NNN (Net, Net, Net) lease agreement with a single tenant for a 5-year term. The asking price is $525,000. Its prime location just off I-94 and University Drive South in South Fargo ensures high visibility and accessibility. There are no remaining lease incentives. This turnkey operation offers a strong return on investment with a current tenant in place and substantial recent capital improvements. The property's features and location make it an ideal addition to any investment portfolio.

Location Insight

City

Fargo

County

Cass

State

North Dakota

Latitude

46.8431

Longitude

-96.8005

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