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    219 Northern Pacific Ave Fargo, ND 58102

    Sponsored
    For Sale
    $825,000

    Prime retail space, redevelopment potential, leaseback option.

    Property size:
    10,479 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,479 square foot storefront located at 219 Northern Pacific Avenue in Fargo, North Dakota, presents a unique investment opportunity. Priced at $825,000 ($78.73 per square foot), this property offers significant redevelopment potential for a savvy investor. Situated on a 10,500 square foot lot, the building's current configuration is ideal for a variety of retail uses. The sale includes a short-term leaseback agreement with the existing tenant, providing immediate cash flow upon acquisition. This prime downtown Fargo location ensures high visibility and accessibility, making it an attractive proposition for both owner-operators and investors seeking a strong return. The property is classified as a retail storefront and is being offered as a sale for leaseback. The address is 219 Northern Pacific Ave, Fargo, ND 58102. This is a chance to acquire a substantial retail space in a thriving North Dakota market with the added benefit of a built-in tenant and immediate income stream. The property's size and location make it a compelling investment in a dynamic urban environment. Don't miss this chance to secure a valuable asset in a desirable location.

    Property Features for 219 Northern Pacific Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,479 SF

    HighLights

    • 10,479 SF retail storefront at 219 Northern Pacific Ave, Fargo, ND.
    • Priced at $825,000 ($78.73/SF).
    • 10,500 SF lot with redevelopment potential.
    • Includes short‑term leaseback, providing immediate cash flow.
    • Prime downtown Fargo location offers high visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Wholesale Shop Kitchen & Bath Storage Facility Discount Store Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7826985
    Latitude
    46.8762372

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail space, redevelopment potential, leaseback option.
    Where is this individual retail property located?
    The property is located at 219 Northern Pacific Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 10,479 SF retail storefront at 219 Northern Pacific Ave, Fargo, ND.; Priced at $825,000 ($78.73/SF).; 10,500 SF lot with redevelopment potential.
    Request Owner's contact information
    219 Northern Pacific Ave Fargo, ND 58102
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    Fargo, ND 58102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 Northern Pacific Ave Fargo, ND 58102
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