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    1712 Main Ave Fargo, ND 58103

    For Sale
    $1,995,000

    Prime Location, High Traffic, Strong Tenants

    Property size:
    13,725 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional retail property, situated at 1712 Main Avenue in the heart of Fargo, North Dakota, presents a compelling investment opportunity. The 13,725 square foot building sits on a 0.56-acre lot and is currently fully occupied by established, long-term tenants under existing leases. Recent significant capital improvements enhance the property's value and appeal, including a brand new roof, a fully updated sprinkler system, a modernized HVAC system, and a refreshed exterior featuring new Dryvit and paint. An ADA-compliant bathroom has also been recently installed. The property boasts a prominent pylon sign facing Main Avenue, a high-traffic thoroughfare with over 20,000 vehicles passing daily, ensuring excellent visibility and exposure for tenants. This multi-tenant building offers a stable income stream and significant potential for long-term appreciation, making it an ideal addition to any diversified investment portfolio. The combination of a prime location, strong tenant occupancy, and recent renovations makes this a truly exceptional opportunity in the thriving Fargo market. The asking price is $1,995,000.

    Property Features for 1712 Main Ave

    General Information

    Property type
    Retail properties
    Square Feet
    13,725 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1959
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cheryl Bergian Law ... Bankruptcy Attorney Alisha Ankers Law ... Divorce Lawyer Nyberg Law Office, ... Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.80981
    Latitude
    46.87521

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    FAQs

    What type of property is this?
    Retail property - Prime Location, High Traffic, Strong Tenants
    Where is this retail property located?
    The property is located at 1712 Main Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $1,995,000.
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    1712 Main Ave Fargo, ND 58103
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    Fargo, ND 58103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1712 Main Ave Fargo, ND 58103
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