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    109 Broadway Fargo, ND 58102

    Sponsored
    For Sale
    $1,850,000

    Historic building, prime retail space.

    Property size:
    28,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 28,450 square foot storefront, located at 109 Broadway N in Fargo, North Dakota, presents a unique investment opportunity. Built in 1903, the Hancock/Douglass Building boasts a prominent location across from the Black Building in the heart of downtown Fargo. The ground floor offers substantial retail space, while the second and third floors provide office space. The property benefits from its position in a vibrant commercial district, surrounded by successful businesses such as Silver Lining Creamery, Replay Games, and Third Drop Coffee. Its walkability is exceptional, boasting a Walkscore of 96 and a BikeScore of 94, making it highly accessible. The asking price is $1,850,000, translating to $65.03 per square foot. This property is situated in a designated Opportunity Zone, potentially offering significant tax advantages for qualified investors. The building's rich history and prime location combine to create a compelling investment prospect in a thriving downtown area. This is a rare chance to acquire a substantial and well-positioned commercial property in Fargo's dynamic city center. The zip code is 58102.

    Property Features for 109 Broadway

    General Information

    Property type
    Individual retail properties
    Square Feet
    28,450 SF

    Building Details

    Year Built
    1903

    HighLights

    • $1,850,000 asking price for a 28,450 SF retail storefront.
    • Located at 109 Broadway N, Fargo, ND 58102.
    • $65.03 per square foot.
    • Built in 1903.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cass Clay Community ... Non-Profit Organization Replay Games Downtown ... Video Game Store

    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
    -96.787619904194
    Latitude
    46.877262173225

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, prime retail space.
    Where is this individual retail property located?
    The property is located at 109 Broadway Fargo, ND.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: $1,850,000 asking price for a 28,450 SF retail storefront.; Located at 109 Broadway N, Fargo, ND 58102.; $65.03 per square foot.
    Request Owner's contact information
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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
    109 Broadway Fargo, ND 58102
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