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    624 Main Ave Fargo, ND 58103

    For Lease
    $12 SF/Yr

    Prime Fargo Office & Retail Space Available

    Lot size:
    55,908 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    De Lendrecie's Square, located at 624 Main Ave in Fargo, ND 58103, offers exceptional office and retail spaces in a vibrant downtown setting. This historic building boasts a total of 55,908 square feet, with multiple tenancy options available. Individual suites range from a minimum of 460 square feet to a maximum contiguous space of 1,042 square feet, making it ideal for businesses of various sizes, from startups to established enterprises. The building's diverse tenant mix includes executive offices, lounges, bars, coffee shops, and other professional businesses, creating a dynamic and collaborative environment. Situated between Main Avenue and Island Park, the property benefits from high visibility and convenient access to amenities. Tenants enjoy the added convenience of an underground parking garage. The building also features 127 residential apartments, contributing to the lively atmosphere of this thriving downtown location. This is a unique opportunity to secure a space in a landmark building within a bustling and desirable neighborhood. Six spaces are currently available, offering a range of sizes to accommodate diverse business needs. Contact us today to learn more about this exciting opportunity.

    Property Features for 624 Main Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,908 SF
    Total Rate
    55908

    Unit(s) available at that property

    Space
    Suite 9
    Size
    537 SF
    Space
    Suite 2B
    Size
    1,042 SF
    Space
    L2B
    Size
    460 SF
    Rate per SF
    $12
    Space
    Suite 4
    Size
    652 SF
    Space
    Suite 12
    Size
    495 SF
    Space
    Suite 3A
    Size
    471 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Apollo International Fargo Hair Salon JACKLITCH INSURANCE AGENCY Insurance Agency Delendrecies Waldorf Crystal Apartment Building Campbell Properties - F/M ... Property Management Company De Lendrecie’s Building Business Center

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -96.7892092
    Latitude
    46.8741452

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    FAQs

    What type of property is this?
    Restaurant - Prime Fargo Office & Retail Space Available
    Where is this restaurant located?
    The property is located at 624 Main Ave Fargo, ND.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    Request Owner's contact information
    624 Main Ave Fargo, ND 58103
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    Fargo, ND 58103
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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
    624 Main Ave Fargo, ND 58103
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