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Class A Office Building Fargo
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51 Broadway North, Fargo, ND 58102

Premier downtown Fargo office building with strong tenant roster.

Property Size119,544 SF
Days on Market152

Property Features for 51 Broadway North

General Information

Standard status Active
Size 119,544 SF
Property subtype Office
Listing Agency: CBRE | Fargo
Listed By: Chance Lindsey
Source: Cbre
Added: Mar 25 Changed: Aug 21 Last Checked: Aug 22 at 10:20AM

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 CBRE | Fargo

Investment Insights

Based on property information with market context.

Dakota Center is a Class A, 6-story boutique office building encompassing 119,554 square feet. The property is located in downtown Fargo, North Dakota, on Broadway Avenue, offering high visibility and walkable access to downtown amenities. The property has been institutionally owned and maintained since 2011, with the current ownership investing $6.5 million in capital improvements. On-site parking is available, along with access to nearby parking ramps. The tenant roster includes law firms, banking and wealth management, engineering, IT, and non-profit organizations. The property is located on Broadway Avenue in downtown Fargo. It is an institutionally owned Class A office building in a thriving office submarket. The sale is lender-facilitated and well below replacement cost.

Key Highlights

  • Premier location on Broadway Avenue in Downtown Fargo, providing high visibility and walkable access to amenities.
  • Institutionally owned and maintained Class A office building.
  • Diverse professional tenant roster with strong anchor tenant.

Property Analytics

Current Use

Dakota Center Business Service Center John Fischer - UBS ... Financial Advisor Aubrey J. Zuger Law Firm Arntson & Stewart Law Firm ATOS Corporate Office

Suggested Use

Top Pick Daycare Center Locksmith Grocery & Convenience Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

3,475
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Premier downtown Fargo office building with strong tenant roster.
Where is this office building located?
The property is located at 51 Broadway North Fargo, ND.
What are key features of this property?
This property features: Premier location on Broadway Avenue in Downtown Fargo, providing high visibility and walkable access to amenities.; Institutionally owned and maintained Class A office building.; Diverse professional tenant roster with strong anchor tenant.
More about this property
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