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Downtown Mixed-Use Office-Retail Building
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109 Broadway N, Fargo, ND 58102

Ground-floor retail and 2nd/3rd-floor office suites are available in a downtown Fargo mixed-use building.

Space Size5,948 SF
Days on Market772

Property Features for 109 Broadway N

General Information

Standard status Active
Size 5,948 SF
Property subtype OFFICE

Additional Details

Opportunity Zone Yes

Spaces For Lease

at 109 Broadway N Contact us

The Hancock/Douglass Building for Lease or Sale $10/SF/Yr

Floor
3
Size
5,948 SF
Type
OFFICE
Lease Type
NET_NNN
Availability
AVAILABLE, Now
Sublease
No
The Hancock/Douglass Building is located on Broadway across from the iconic Black...
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Listing Agency: Property Resources Group
Listed By: Justin Gustofson
Source: Moodyscre
Added: Jul 1, 2024 Changed: Aug 8 Last Checked: Aug 11 at 9:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property Resources Group

Investment Insights

Based on property information with market context.

The Hancock/Douglass Building offers retail space on the ground floor and office space on the 2nd and 3rd floors. The property is positioned in the heart of downtown Fargo and is identified as an Opportunity Zone location, where opportunity zone tax benefits may apply.

The building sits on Broadway across from the Black Building. Neighboring businesses include Silver Lining Creamery, Replay Games, and Third Drop Coffee. Walking and biking access are highlighted by a Walkscore of 96 and BikeScore of 94.

For prospective tenants, the available space is already separated by floor, with retail designed for street-level use and offices located on the upper levels.

Key Highlights

  • Hancock/Douglass Building in downtown Fargo offers ground‑floor retail space available
  • Second and third floors have office space available
  • Building is on Broadway across from the Black Building

Property Analytics

Current Use

Cass Clay Community ... Charitable Organization Replay Games Downtown ... Arcade & Gaming Center

Suggested Use

Top Pick Daycare Center Locksmith Grocery & Convenience Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,475
Businesses Nearby

Demographics for 58102, ND

30,767
Population
16,757
Households
1.8
Avg Household Size
32
Median Age
45%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
974
Density / Sq Mi
$56,028
Median Household Income
$31,939
Median Earnings
$829
Median Rent
$235,600
Median Home Value

Market

Lease Benchmarks for Fargo, ND

$12.75 /SF/Yr
Avg Asking Price
$5.5–$18 /SF/Yr
Price Range
8,637 SF
Avg Space Size

This space is priced 22% below the average of $12.75 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-floor retail and 2nd/3rd-floor office suites are available in a downtown Fargo mixed-use building.
Where is this office units located?
The property is located at 109 Broadway N Fargo, ND.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Hancock/Douglass Building in downtown Fargo offers ground‑floor retail space available; Second and third floors have office space available; Building is on Broadway across from the Black Building
(701) 238-7370 Call to check price and availability
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