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Mixed-Use Restaurant and Apartments
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623 NP Avenue, Fargo, ND 58102

Downtown mixed-use building with a multi-zoned restaurant kitchen and four occupied apartment units above.

Property SizeContact for details
Days on Market124

Property Features for 623 NP Avenue

General Information

Standard status Active
Property subtype Retail, Mixed Use

Additional Details

Multifamily Units 4

Building Details

Stories 2
Listing Agency: Core Property Group
Listed By: Jeremy Horst · License #ND 8209
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 8:56AM

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 Core Property Group

Investment Insights

Based on property information with market context.

This mixed-use building in Fargo’s historic downtown district features a main-floor, multi-zoned restaurant space with a large commercial kitchen. The property includes updated HVAC (2006) and is suited for restaurant, deli, pub, retail, or a combination of uses. Four historic apartment units are located on the second floor and include hardwood floors, new windows, and updated electrical.

The building offers convenient access to a large city-owned parking lot across the street.

All units are currently occupied, providing income from the four apartment units alongside the restaurant space.

Key Highlights

  • Downtown Fargo mixed‑use building with a multi‑zoned restaurant space and large commercial kitchen
  • Updated HVAC in 2006 and multi‑zoned layout suited for a restaurant, deli, pub, retail, or combined uses
  • Four historic apartment units on the second floor with hardwood floors, new windows, and updated electrical

Property Analytics

Current Use

Conventional restaurants

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.

Lease Details

4
Residential units

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Downtown mixed-use building with a multi-zoned restaurant kitchen and four occupied apartment units above.
Where is this conventional restaurant located?
The property is located at 623 NP Avenue Fargo, ND.
What are key features of this property?
This property features: Downtown Fargo mixed‑use building with a multi‑zoned restaurant space and large commercial kitchen; Updated HVAC in 2006 and multi‑zoned layout suited for a restaurant, deli, pub, retail, or combined uses; Four historic apartment units on the second floor with hardwood floors, new windows, and updated electrical
(701) 235-2920 Call to check price and availability
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