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505 N 3rd Ave
Fargo, ND 58102
Retail Property For Sale


EXECUTIVE SUMMARY
The former Legion Building is available for sale in the heart of downtown Fargo. This building is located directly across from the new RDO Tower. RDO Tower is a newly constructed mid-rise, mix-use tower that is the headquarters for R.D. Offutt Company, ground floor retail, a boutique hotel, restaurant, and residential condominiums. This property could qualify for Renaissance Zone or Opportunity Zone tax benefits.
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,688 SF
Building Class
B
Year Built
1949
Price
$1,256,328 CAD
Price Per SF
$55.37 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
DMU - Downtown Mixed USe
Parking
11 Spaces (0.49 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 01-1520-00990-000 | Improvements Assessment | $468,401 CAD |
| Land Assessment | $256,849 CAD | Total Assessment | $725,250 CAD |
PROPERTY TAXES
Parcel Number
01-1520-00990-000
Land Assessment
$256,849 CAD
Improvements Assessment
$468,401 CAD
Total Assessment
$725,250 CAD
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