Building Details

Year Built 1912

Tenancy Single

Listing Agency: Property Resources Group

Listed By: Matt Olson · License #ND 7557 Show Phone

Source: Crexi

Added: Jun 24, 2024 Changed: Sep 5 Last Checked: Sep 3 at 5:07AM

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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

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.

Property Analytics

Property Profile

Current Use

Chef's Table Catering Take-out & Catering Sanctuary Events Center Hotel & Motel Great Plains Hospitality Consultant Lucky Rabbit Studios Tattoo & Piercing Shop Breathe Massage Alternative Medicine Practice

Suggested Use

Top Pick Daycare Center Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Restaurant

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

3,407

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this wedding venues located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

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.