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    Shop Condo with Mezzanine Office Title is generated by Realmo AI

    2629 12th Street North, Fargo, ND 58102

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    Flex shop condo with overhead door access, a climate-controlled mezzanine office, and wash bay/restroom access for day-to-day operations.

    Type:Industrial
    Property size:
    1,016 SF
    Price / SF:
    $184/SF
    Added:
    Jun 9, 2026
    Days on Market:
    19
    Last Refresh:
    Jun 20 at 3:22 am

    Property Features for 2629 12th Street North

    General Information

    Standard status
    Active
    Size
    1,016 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2017

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    Brian Tulibaski
    Brian Tulibaski

    Listing office Horizon Real Estate Group

    Listing date Jun 9, 2026

    Source Crexi

    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 Horizon Real Estate Group

    HighLights

    • 1016 SF north Fargo shop condo in a building built in 2017
    • Overhead door access with a floor drain for shop/contractor operations
    • Climate‑controlled mezzanine office for workspace inside the condo
    • Access to a shared wash bay and public restroom for day‑to‑day convenience
    • Included building features: high‑speed internet, DirecTV, security cameras, fenced and gated access, and fire sprinklers in each unit

    Overview

    This 1,016 SF shop condo is designed for flexible use, combining shop space with a climate-controlled mezzanine office. The unit provides overhead door access for loading and equipment movement, plus a floor drain to support practical work needs. Additional interior convenience includes a functional layout suited to both storage and workspace. The property is equipped with security features including security cameras, and the unit is separately protected with fire sprinklers in each unit.

    Owners also have access to shared amenities that support trades and contractors, including a public restroom and a shared wash bay. The facility is fenced and gated, helping provide controlled access for tenants and owners. Included utilities and services list high-speed internet and DirecTV, which can help reduce setup time for operating businesses.

    For buyers seeking a compact, multi-purpose workspace, this condo setup supports a range of uses such as business operations with on-site office space, contractor storage, or equipment-focused personal use. The combination of shop access, drainage, and an office area offers a workable balance for users who need to move materials while maintaining a comfortable space for administration.

    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 $18.9k $18.60
    − Vacancy −$3.0k −$2.98
    EGI $15.9k $15.62
    − OpEx −$4.0k −$3.91
    NOI $11.9k $11.72
    1,016 SF · lease $18.60/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $170.1K
    $148.8K – $198.4K (±1% cap)
    NOI $11,905 @ 7.0% cap · market cap 6.37%
    Second Best
    Warehouse
    $127.9K
    $111.9K – $149.2K (±1% cap)
    NOI $8,954 @ 7.0% cap · market cap 4.79%
    Theoretical Best
    Office A
    $220.4K
    $192.9K – $257.1K (±1% cap)
    NOI $15,428 @ 7.0% cap · market cap 8.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Roofing Innovations Roofing Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Brew Catering & Events — 1213 Northern Pacific Ave Suite 101, Fargo, ND 58102
    • Oven Door Catering Services — 1338 3rd Ave N, Fargo, ND 58102
    • Ade's Cuisine — 1407 1st Ave N, Fargo, ND 58102
    • Sugar Hill Catering — 1407 1st Ave N, Fargo, ND 58102
    • The Juan and Only — Broadway N, Fargo, ND 58102

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7954326
    Latitude
    46.9110814

    FAQs

    What type of property is this?
    Flex space - Flex shop condo with overhead door access, a climate-controlled mezzanine office, and wash bay/restroom access for day-to-day operations.
    Where is this flex space located?
    The property is located at 2629 12th Street North Fargo, ND.
    What is the asking price?
    The asking price for this property is $187,000.
    What are key features of this property?
    This property features: 1016 SF north Fargo shop condo in a building built in 2017; Overhead door access with a floor drain for shop/contractor operations; Climate‑controlled mezzanine office for workspace inside the condo
    (701) 793-0653 Call to check price and availability
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