123 Broadway N 17,690 SF 100% Leased Retail Building Fargo, ND 58102 $3,600,000 ($203.50/SF) 6.87% Cap Rate
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.
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
$203.50
Cap Rate
6.87%
NOI
$247,320
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.54
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
DMU
Frontage
45’ on Broadway
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Second floor office space overlooking Broadway, featuring three private offices, a conference room, a large open workspace, and a welcoming reception area. Conveniently connected to the skyway system, this location offers easy access to downtown businesses, dining, and amenities—perfect for a growing or established business.
| Space | Size | Space Use | Position | Available |
| 202 | 1,561 SF | Retail | - | 30 Days |
202
| Size |
| 1,561 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-1520-00740-000 | Improvements Assessment | $1,098,600 |
| Land Assessment | $61,500 | Total Assessment | $1,160,100 |
