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123 Broadway N

17,690 SF 100% Leased Retail Building Fargo, ND 58102 $3,600,000 ($204/SF) 6.87% Cap Rate

Mixed Use Properties North Dakota Fargo 123 Broadway N, Fargo, ND 58102

Executive Summary

The Metro building is directly across from Broadway Square, which is the heart of Downtown Fargo. The building is very well connected to the downtown Fargo skyway. The property has excellent tenants with longer lease terms in place. *Opportunity Zone tax benefits may apply.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,690 SF
Building Class
C
Year Built
1895
Price
$3,600,000
Price Per SF
$204
Cap Rate
6.87%
NOI
$247,320
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.54
Land Acres
0.16 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
DMU
Frontage
45 FT on Broadway
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Walk Score ®
Walker's Paradise (94)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 01-1520-00740-000 Improvements Assessment $1,098,600
Land Assessment $61,500 Total Assessment $1,160,100

PROPERTY TAXES

Parcel Number
01-1520-00740-000
Land Assessment
$61,500
Improvements Assessment
$1,098,600
Total Assessment
$1,160,100
(701) 200-7691

  • Listing ID: 32335792

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 123 Broadway N, Fargo, ND 58102

More public record information on 123 Broadway N, Fargo, ND 58102

The Retail Property at 123 Broadway N, Fargo, ND 58102 is currently available For Sale. Contact Property Resources Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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123 Broadway N
(701) 200-7691 x

123 Broadway N

1/2

Matt Olson

(701) 200-7691

(701) 200-7691

Justin Gustofson

(701) 499-3875

(701) 499-3875

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