818 Main AveFargo, ND 58103
- Office properties
- 5,200 SF
Property Details for 818 Main Ave
- Property size (Sq ft)
- 5,200 SF
- Property type
- Office properties
- Property subtype
- Other office properties
Description
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.
Location Insight
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Latitude
- 46.8744
- Longitude
- -96.7921
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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