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312 University Dr N
Fargo, ND 58102
 North University Drive Investment Property · Retail Property For Sale

Retail Spaces North Dakota Fargo 312 University Dr N, Fargo, ND 58102

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INVESTMENT HIGHLIGHTS

  • Modern office space with updated HVAC in Unit 308 offers turnkey functionality and comfort for professional use.
  • Prime visibility and traffic counts at the intersection of I-35 and Highway 60 make this site ideal for high-exposure businesses.
  • Recent upgrades include a newly replaced roof, updated exterior siding (2024), and a refreshed parking lot (2023).

EXECUTIVE SUMMARY

Rare opportunity for investors seeking a high-visibility, income generating asset in the rapidly growing urban corridor. This property is ideal for retail or office suites.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,014 SF
Building Class
C
Year Built
1919
Price
$1,040,239 CAD
Price Per SF
$259.15 CAD
Cap Rate
6.80%
NOI
$70,736 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.19 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
LC
Frontage
31’ on County Road 81

AMENITIES

  • Storage Space

PROPERTY TAXES

Parcel Number 01-2340-01641-070 Improvements Assessment $251,494 CAD
Land Assessment $68,533 CAD Total Assessment $320,027 CAD

PROPERTY TAXES

Parcel Number
01-2340-01641-070
Land Assessment
$68,533 CAD
Improvements Assessment
$251,494 CAD
Total Assessment
$320,027 CAD
 

  • Listing ID: 38159000

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 312 University Dr N, Fargo, ND 58102

The Downtown Fargo Retail Property at 312 University Dr N, Fargo, ND 58102 is currently available. Contact Goldmark Commercial Real Estate, Inc. for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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312 University Dr N, Fargo, ND for sale Building Photo- Image 1 of 7
Building Photo
312 University Dr N, Fargo, ND for sale Floor Plan- Image 2 of 7
Suite 310 Floor Plan
312 University Dr N, Fargo, ND for sale Floor Plan- Image 3 of 7
Suite 308 Floor Plan
312 University Dr N, Fargo, ND for sale Interior Photo- Image 4 of 7
Interior Photo
312 University Dr N, Fargo, ND for sale Interior Photo- Image 5 of 7
Interior Photo
312 University Dr N, Fargo, ND for sale Interior Photo- Image 6 of 7
Interior Photo

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