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Downtown Fargo Legion Building For Sale

505 3 Ave N, Fargo, ND

For Sale
Contact for pricing

Former Legion Building in downtown Fargo, across from RDO Tower.

Property Size22,642 SF
Lot Size0.48 Acres
Price / SF$39.75
Days on Market866

Property Features for 505 3 Ave N

General Information

Standard status Active
Size 22,642 SF
Lot size 0.48 Acres
Property subtype MULTIFAMILY

Site & Location

Neighborhood Horace Mann Neighborhood
Listing Agency: Property Resources Group
Listed By: Justin Gustofson
Source: Moodyscre
Added: Jul 1, 2024 Changed: Nov 8 Last Checked: Nov 12 at 8:58AM

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

Rey
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Investment Insights

Based on property information with market context.

The former Legion Building, encompassing 22642 square feet, is available for sale in downtown Fargo. The building is located directly across from the new RDO Tower, a newly constructed mid-rise, mixed-use tower that serves as the headquarters for R.D. Offutt Company. RDO Tower also includes ground floor retail, a boutique hotel, restaurant, and residential condominiums. This property may qualify for Renaissance Zone or Opportunity Zone tax benefits.

Key Highlights

  • Prime downtown Fargo location directly across from the new RDO Tower.
  • Proximity to RDO Tower's mix‑use amenities: retail, boutique hotel, restaurant, and residential condominiums.
  • Potential qualification for Renaissance Zone tax benefits.

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

3,190
Businesses Nearby
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Former Legion Building in downtown Fargo, across from RDO Tower.
Where is this apartment building located?
The property is located at 505 3 Ave N Fargo, ND.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime downtown Fargo location directly across from the new RDO Tower.; Proximity to RDO Tower's mix‑use amenities: retail, boutique hotel, restaurant, and residential condominiums.; Potential qualification for Renaissance Zone tax benefits.
(701) 238-7370 Call to check price and availability
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