Single-Story Office with Open
1430 Main Avenue Fargo, ND 58103
1430 Main Avenue, Fargo, ND, 58103
$465,000
For Sale
$465,000
Office suite with open space and two bathrooms, totaling 1,947 sf, set on a large lot with room for parking and storage.
Property Size1,947 SF
Price / SF$238.83
Days on Market314
Property Features for 1430 Main Avenue
General Information
- Standard status
- Active
- Size
- 1,947 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1945
Listing agency
(507) 382-0173
Listed by
Cityscapes Development
(507) 382-0173
Source
Xome
Added: Sep 11, 2025 Updated: Jul 20 at 8:24PM Checked: Jul 21 at 3:11AM
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 Cityscapes Development
Investment Insights
Based on property information with market context.
This office property includes an office area, two bathrooms, and open space totaling 1,947 sf. The large lot provides ample room for parking and storage, with potential to support a future building addition.
The property is located along Main Ave within a high-traffic density corridor, supporting business visibility and convenient access for day-to-day operations.
The configuration supports a mix of dedicated office space and flexible open area within a single facility.
The property is located along Main Ave within a high-traffic density corridor, supporting business visibility and convenient access for day-to-day operations.
The configuration supports a mix of dedicated office space and flexible open area within a single facility.
Key Highlights
- Office suite on Main Ave with open space and two bathrooms totaling 1,947 SF
- Central air cooling
- Heating system listed as 3
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.2k | $18.60 |
| − Vacancy | −$5.8k | −$2.98 |
| EGI | $30.4k | $15.62 |
| − OpEx | −$7.6k | −$3.91 |
| NOI | $22.8k | $11.72 |
1,947 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$325.9K
$285.2K – $380.3K
NOI $22,815 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$422.4K
$369.6K – $492.8K
NOI $29,565 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Northwest Elite Kickboxing ...
Sports School
Northwest Martial Arts ...
Training Center
U-Box
Moving Company
Tanaka Productions Pro ...
Sports School
Northwest Circuit Training
Gym & Fitness Center
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FAQs
What type of property is this?
Office building - Office suite with open space and two bathrooms, totaling 1,947 sf, set on a large lot with room for parking and storage.
Where is this office building located?
The property is located at 1430 Main Avenue Fargo, ND.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Office suite on Main Ave with open space and two bathrooms totaling 1,947 SF; Central air cooling; Heating system listed as 3
