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Multi-Tenant Storefront Property
For Sale
Contact for pricing
Pending

306 University Drive North, Fargo, ND 58102

Multi-tenant retail asset with a new storefront and rubber membrane roofing near downtown Fargo.

Property SizeContact for details
Days on Market145

Property Features for 306 University Drive North

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Element Realty Inc.
Listed By: Ben Saucke · License #ND
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:00AM

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 Coldwell Banker Commercial Element Realty Inc.

Investment Insights

Based on property information with market context.

This multi-tenant storefront property includes current tenants and recent physical improvements. The building has a new storefront and a 10-year rubber membrane roof, providing defined exterior and roofing updates for the next owner.

The property is located at 306 University Drive North in downtown Fargo, along University Drive. Traffic volume is reported at more than 17,000 vehicles per day, giving the site a measurable level of exposure. Existing tenancy provides rental income, while the multi-tenant configuration supports continued retail occupancy.

Key Highlights

  • Multi‑tenant storefront property with current tenants
  • New storefront included among recent improvements
  • 10‑year rubber membrane roof

Property Analytics

Current Use

Studio 306 Salon ... Hair Salon

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Pet Grooming Service Restaurant

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,448
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Bellas Wedding And Floral 310 20th st n, fargo, nd 58102

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-tenant retail asset with a new storefront and rubber membrane roofing near downtown Fargo.
Where is this storefront property located?
The property is located at 306 University Drive North Fargo, ND.
What are key features of this property?
This property features: Multi‑tenant storefront property with current tenants; New storefront included among recent improvements; 10‑year rubber membrane roof
(701) 478-3390 Call to check price and availability
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