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Historic Downtown Retail Building
For Sale
$549,000

512 1st Avenue N, Fargo, ND 58102

Historic downtown retail building in the Renaissance Zone with DMU zoning and a new roof featuring seven skylights.

Property Size6,075 SF
Price / SF$90.37
Days on Market214

Property Features for 512 1st Avenue N

General Information

Standard status Active
Size 6,075 SF
Property subtype Commercial
Zoning DMU

Building Details

Building Size 6,075 SF
Year Built 1909
Listing Agency: Archer Real Estate Services
Listed By: Shawn Ostlie
Source: Juverealestate
Added: Dec 29, 2025 Changed: Jul 28 Last Checked: Jul 30 at 1:06PM

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 Archer Real Estate Services

Investment Insights

Based on property information with market context.

This historic downtown property is offered for sale and includes a new roof with seven skylights, creating abundant natural light. Zoned DMU (Downtown Mixed Use), the building offers flexibility for a range of commercial and mixed-use applications.

The property is located within Fargo’s Renaissance Zone, supporting the opportunity for buyers seeking downtown presence in a designated area.

512 1st Avenue N presents a straightforward purchase for an owner-occupant, investor, or redevelopment project, with the roof and skylight improvements serving as a notable physical upgrade.

Key Highlights

  • Historic downtown property built in 1909, located in Fargo’s Renaissance Zone
  • Zoned DMU (Downtown Mixed Use) for a variety of commercial and mixed‑use applications
  • New roof installed with seven skylights for added natural light

Property Analytics

Current Use

Bresette Robin J ... Physician Thorndike Lori L ... Physician North Dakota WIN ... Charitable Organization Almost A Ghost Tattoo ... Tattoo & Piercing Shop

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
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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Frequently Asked Questions

What type of property is this?
Storefront property - Historic downtown retail building in the Renaissance Zone with DMU zoning and a new roof featuring seven skylights.
Where is this storefront property located?
The property is located at 512 1st Avenue N Fargo, ND.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Historic downtown property built in 1909, located in Fargo’s Renaissance Zone; Zoned DMU (Downtown Mixed Use) for a variety of commercial and mixed‑use applications; New roof installed with seven skylights for added natural light
More about this property
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