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    122 Broadway Fargo, ND 58102

    Sponsored
    For Lease
    $10 SF/Yr

    Historic building, flexible spaces available

    Lot size:
    7,127 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 122 Broadway N in Fargo, North Dakota, offers a unique opportunity for businesses seeking prime downtown space. The Merchants Bank building, originally constructed in 1921, has undergone significant renovations, showcasing a blend of historic charm and modern functionality. Currently, two spaces are available, ranging from 2,940 to 4,187 square feet, suitable for a variety of uses including traditional office, creative office, or coworking spaces. One space, adjacent to Chase Bank on 2nd Avenue, is particularly well-suited for retail or restaurant concepts and could feature a new storefront entrance directly onto 2nd Avenue North. The building's location is highly desirable, situated directly across from Broadway Square in a vibrant, walkable area. This prime location boasts a Walkscore of 95 and a BikeScore of 97, providing exceptional accessibility and convenience for employees and customers. The property is classified as Retail and Office, with multiple tenancy options available within Cass County. This is a rare chance to secure a space in a landmark building within a thriving downtown Fargo environment. The property's rich history combined with its modern updates makes it an ideal location for businesses seeking a unique and advantageous address.

    Property Features for 122 Broadway

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,127 SF

    Building Details

    Year Built
    1921

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,940 SF
    Rate per SF
    $19
    Space
    Basement
    Size
    4,187 SF
    Rate per SF
    $10

    HighLights

    • Prime downtown Fargo location at 122 Broadway N.
    • Two available spaces, 2,940 - 4,187 square feet, suitable for office, creative office, or coworking.
    • One space ideal for retail or restaurant, with potential 2nd Ave N storefront.
    • High walkability and bikeability (Walk Score 95, Bike Score 97), across from Broadway Square.
    • Historic building with modern renovations, offering retail and office space in Cass County.
    Property Profile Location Intelligence

    Current Use by Public Records

    CHARISM Main Office Non-Profit Organization Chase ATM Atm Chase Bank Bank Kxbq Radio Broadcaster

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.787637068924
    Latitude
    46.877840104323

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    FAQs

    What type of property is this?
    Coworking space - Historic building, flexible spaces available
    Where is this coworking space located?
    The property is located at 122 Broadway Fargo, ND.
    What is the lease rate?
    The lease rate is $10-$19 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Fargo location at 122 Broadway N.; Two available spaces, 2,940 - 4,187 square feet, suitable for office, creative office, or coworking.; One space ideal for retail or restaurant, with potential 2nd Ave N storefront.
    Request Owner's contact information
    122 Broadway 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
    122 Broadway Fargo, ND 58102
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