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The Professional Building 100 4th St S

56,700 SF 100% Leased Office Building Fargo, ND 58103 $3,950,000 ($70/SF)

Investment Highlights

  • Precast concrete building
  • Large parking lot with approximately 218 spaces
  • Building engineered to add three more floors on top of existing structure
  • Property consists of six floors
  • Two north-south contiguous elevators
  • Blast pneumatic air furnace

Executive Summary

Incredible opportunity to acquire The Professional Building – an iconic office and retail building in a premier location in downtown Fargo. Located in the heart of downtown between the Red River, Island Park, and Main Avenue, this is one of the best locations in North Dakota. The location is surrounded by recent and ongoing development contributing to the further revitalization of the downtown area. Neighboring activity includes major renovations of the new Bell Bank corporate headquarters, redevelopment of the Lashkowitz Riverfront Apartments, and newly built mixed-use projects Gateway Center and The Arch.
The Professional Building consists of 6 floors that combine for over 50,000 SF of professional office space and first floor retail space. It boasts a large parking lot with over 200 parking spaces, a rare feature for the downtown area. Strong boulevard signage is visible from 4th Street and 1st Avenue.
With a prime location, this beautiful property is great for an owner/ occupier, investor, or redevelopment. Don’t miss out on this rare opportunity!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
56,700 SF
Building Class
C
Year Built
1969
Price
$3,950,000
Price Per SF
$70
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
9,450 SF
Building FAR
0.61
Lot Size
2.13 AC
Opportunity Zone
Yes
Zoning
DMU - Downtown Mixed-Use
Parking
218 Spaces (3.84 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Natural Light
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 104
  • 1,069 SF
  • Retail
  • Full Build-Out
  • 30 Days

Retail space for lease in the iconic Professional Building.

  • 1st Fl-Ste 106
  • 1,019 SF
  • Retail
  • Full Build-Out
  • 30 Days

Retail space for lease in the iconic Professional Building.

  • 1st Fl-Ste 108
  • 622 SF
  • Retail
  • Full Build-Out
  • 30 Days

Office space for lease in the iconic Professional Building.

  • 1st Fl-Ste 110
  • 1,169 SF
  • Retail
  • Full Build-Out
  • 30 Days

Office space for lease in the iconic Professional Building.

  • 1st Fl-Ste 112
  • 622 SF
  • Retail
  • Full Build-Out
  • 30 Days

Office space for lease in the iconic Professional Building.

  • 3rd Fl-Ste 302
  • 3,812 SF
  • Office
  • Full Build-Out
  • 30 Days
  • 3rd Fl-Ste 304
  • 1,469 SF
  • Office
  • Full Build-Out
  • 30 Days
  • 4th Floor
  • 7,380 SF
  • Office
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
1st Fl-Ste 104 1,069 SF Retail Full Build-Out 30 Days
1st Fl-Ste 106 1,019 SF Retail Full Build-Out 30 Days
1st Fl-Ste 108 622 SF Retail Full Build-Out 30 Days
1st Fl-Ste 110 1,169 SF Retail Full Build-Out 30 Days
1st Fl-Ste 112 622 SF Retail Full Build-Out 30 Days
3rd Fl-Ste 302 3,812 SF Office Full Build-Out 30 Days
3rd Fl-Ste 304 1,469 SF Office Full Build-Out 30 Days
4th Floor 7,380 SF Office Full Build-Out 30 Days

1st Fl-Ste 104

Size
1,069 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 106

Size
1,019 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 108

Size
622 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 110

Size
1,169 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 112

Size
622 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 302

Size
3,812 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Fl-Ste 304

Size
1,469 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

4th Floor

Size
7,380 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste 104

Size 1,069 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

Retail space for lease in the iconic Professional Building.

1st Fl-Ste 106

Size 1,019 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

Retail space for lease in the iconic Professional Building.

1st Fl-Ste 108

Size 622 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

Office space for lease in the iconic Professional Building.

1st Fl-Ste 110

Size 1,169 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

Office space for lease in the iconic Professional Building.

1st Fl-Ste 112

Size 622 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

Office space for lease in the iconic Professional Building.

Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-2112-00070-000
Land Assessment
$603,500
Improvements Assessment
$1,456,200
Total Assessment
$2,059,700
  • Listing ID: 29167737

  • Date on Market: 8/2/2023

  • Last Updated:

  • Address: 100 4th St S, Fargo, ND 58103

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