1320 1st Ave N - Loft/Creative Space FOR SALE


Fargo, ND 58102- Downtown Fargo
$1,450,000 USD
701-893-2830
1320 1st Ave N, Fargo, ND for Sale
$1,450,000 USD
Loft/Creative Space - FOR SALE
1/55
null | Request Cap Rate

1320 1st Ave N
Fargo, ND 58102
Downtown Fargo


HIGHLIGHTS

  • Opportunity for new owner to occupy space while assuming current tenant leases for cash flow.
  • Updated office space for a multitude of business operations.
  • Convenient location off University Drive and 1st Avenue North.
  • Close proximity to Drekker Brewing and Brewhalla.

OVERVIEW

Investment and/or Owner Occupant opportunity right off 1st Ave North and University Dr in Fargo! This property has been remodeled over the last few years to offer flexibility to any investor or owner occupant. The building has two Tenants with multiple years left on their lease terms and the Seller is willing to sign a short-term leaseback after closing, which would be a perfect opportunity for any business owner looking to own real estate and have supplement income via Tenants!

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

22,977 SF

ZONING

LC

APN/PARCEL ID

01-2340-03041-000,01-2340-03110-000

ASK ABOUT THIS PROPERTY

Brett SaladinGoldmark Commercial Real Estate, Inc.More Info
701-893-2830

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Brett SaladinGoldmark Commercial Real Estate, Inc.More Info
701-893-2830

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.