670 4th Ave N Fargo, ND 58102

Building Details

Year Built

1912

Listing agency Property Resources Group Show Phone

Listed by Matt Olson · License #ND 7557

Source Crexi

Added: Jun 24, 2024 Updated: Jul 6 at 8:30AM Checked: Jul 22 at 10:41AM

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Investment Insights

Based on property information with market context.

This property is a venue leased by the Sanctuary Event Center. The venue benefits from ample parking and hosts weddings, concerts, and various events. A long-term lease is in place, featuring annual rent increases. There are an additional 58 spaces that could be rented out for $75.00 per month. The property size is 25657 square feet. Opportunity Zone tax benefits may apply.

Key Highlights

• Leased by Sanctuary Event Center, ensuring consistent income.
• Long‑term lease in place with annual rent increases.
• Great parking and a fantastic venue, attracting diverse events.

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FAQs

What type of property is this?

Wedding venue - Venue leased by Sanctuary Event Center with long-term lease.

Where is this wedding venue located?

The property is located at 670 4th Ave N Fargo, ND.

What is the asking price?

The asking price for this property is $4,800,000.

What are key features of this property?

This property features: Leased by Sanctuary Event Center, ensuring consistent income.; Long‑term lease in place with annual rent increases.; Great parking and a fantastic venue, attracting diverse events.