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Charming Office Space For Rent
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502 1st Ave N, Fargo, ND 58102

Functional office space with natural light, exposed brick, and furnishings.

Space Size4,475 SF - 5,440 SF
Property Size18,568 SF
Days on Market715

Property Features for 502 1st Ave N

General Information

Standard status Active
Size 4,475 SF - 5,440 SF
Property subtype Office

Building Details

Building Size 18,568 SF
Year Built 1902
Tenancy Multiple

Spaces For Lease

at 502 1st Ave N Contact us

Suite 101

Size
5,440 SF
Type
Office
Availability
Active
Contact us

Suite 201

Size
4,475 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Goldmark Commercial Real Estate Inc
Listed By: Aaron Hill · License #ND 11183
Source: Crexi
Added: Aug 28, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:25AM

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 Goldmark Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

This workspace is suitable for businesses. The office space features a blend of charm and functionality, with natural light, exposed brickwork, and original beams. The space includes appliances and furnishings. Keyless card reader access, security cameras, and door access systems are present in common areas. Parking spaces are available upon request for an additional fee.

Key Highlights

  • Fully furnished office space ready for immediate occupancy.
  • Abundant natural light and unique architectural details (exposed brick, original beams).
  • Secure access with keyless card reader and security cameras.

Property Analytics

Current Use

CoSchedule (Bike/Boat/Book/etc) Store Darrell W Deutz ... Photography Service Cota (Bike/Boat/Book/etc) Store narrative Marketing & Advertising

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Locksmith Computer & Electronic Repair Butcher Wine and Liquor 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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,241
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 6% above 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Functional office space with natural light, exposed brick, and furnishings.
Where is this office units located?
The property is located at 502 1st Ave N Fargo, ND.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Fully furnished office space ready for immediate occupancy.; Abundant natural light and unique architectural details (exposed brick, original beams).; Secure access with keyless card reader and security cameras.
(701) 235-2900 Call to check price and availability
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