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300 N Broadway Ave 1,708 - 2,738 SF Retail Condo Units Offered at $611,100 - $835,170 CAD Per Unit in Fargo, ND 58102
Executive Summary
300 Broadway is an iconic building in Downtown Fargo. It has excellent walking and biking scores which drive traffic to the businesses in the building.
2 Units Available
Unit 101
| Unit Size | 2,738 SF | Condo Use | Retail |
| Price | $835,170 CAD | Sale Type | Investment |
| Price Per SF | $305.03 CAD | APN/Parcel ID | 01-8397-00010-008 |
| Unit Size | 2,738 SF |
| Price | $835,170 CAD |
| Price Per SF | $305.03 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | 01-8397-00010-008 |
Description
300 Broadway is an iconic building in downtown Fargo. This is the opportunity to purchase three retail condo’s, two that are fully leased in the heart of this vibrant district. With excellent walking and biking scores the tenants are sure to have a plenty of traffic for a successful business. Being a newer building with great tenants, this can be an excellent long-term investment.
*Opportunity Zone tax benefits may apply.
Sale Notes
300 Broadway is an iconic building in downtown Fargo. This is the opportunity to purchase three retail condo’s, two that are fully leased in the heart of this vibrant district. With excellent walking and biking scores the tenants are sure to have a plenty of traffic for a successful business. Being a newer building with great tenants, this can be an excellent long-term investment.
*Opportunity Zone tax benefits may apply.
Unit 103/104
| Unit Size | 1,708 SF | Sale Type | Investment |
| Price | $611,100 CAD | Cap Rate | 7.10% |
| Price Per SF | $357.79 CAD | NOI | $43,388.10 CAD |
| Condo Use | Retail |
| Unit Size | 1,708 SF |
| Price | $611,100 CAD |
| Price Per SF | $357.79 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| NOI | $43,388.10 CAD |
Sale Notes
Investment opportunity in the heart of Downtown Fargo, anchored by Erbert & Gerberts sandwich franchise under new ownership. The tenant has executed a new 5-year lease running through June 2031, featuring scheduled annual rent increases. With a Year 1 Net Operating Income of $31,970, delivering consistent, predictable cash flow in one of the most vibrant and recognizable buildings in Downtown Fargo. Downtown Fargo’s continued revitalization, make this an ideal asset for investors seeking a low-management, long-term hold with a creditworthy operator committed to the market.
Property Facts
| Total Building Size | 7,221 SF | Typical Floor Size | 925 SF |
| Property Type | Office | Year Built | 2009 |
| Property Subtype | Loft/Creative Space | Lot Size | 0.44 AC |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 3 | ||
| Zoning | DMU - Designated Mixed Use | ||
| Total Building Size | 7,221 SF |
| Property Type | Office |
| Property Subtype | Loft/Creative Space |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 925 SF |
| Year Built | 2009 |
| Lot Size | 0.44 AC |
| Opportunity Zone |
Yes |
| Zoning | DMU - Designated Mixed Use |
Presented by
300 N Broadway Ave
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