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    1414 12Th Ave Fargo, ND 58102

    Sponsored
    For Lease
    $15 SF/Yr

    Fargo, ND retail & restaurant space.

    Lot size:
    73,626 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Fargo, North Dakota commercial property, Bison Block, offers prime retail and restaurant spaces totaling 73,626 square feet. Located at 1414 12th Ave N, in Cass County, zip code 58102, this multi-tenant building presents two immediately available spaces. One space, ideal for a restaurant, boasts a fully equipped commercial kitchen including a 10.5' hood, an 8'x11' walk-in cooler, a 16' serving/order bar, ample seating, and an outdoor patio. This turn-key operation is perfectly positioned to capitalize on the high foot traffic of nearby North Dakota State University (NDSU) students and faculty. The second space is a retail unit ready for tenant build-out, situated conveniently near First Western Bank. Both spaces are located within the Bison Block, a well-established building with high visibility and neighboring popular businesses like Herd & Horns and Michele's Table & Dinette. Minimum leasable space is 760 square feet, with a maximum contiguous space of 1,685 square feet. A total of 3,445 square feet is currently vacant. This location offers unparalleled access to the NDSU community and presents a unique opportunity for businesses seeking high visibility and a thriving customer base. The property's strategic location near student housing and high-traffic areas ensures significant potential for success.

    Property Features for 1414 12Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,626 SF
    Total Rate
    92032.5

    Unit(s) available at that property

    Space
    Suite I-2
    Size
    760 SF
    Rate per SF
    $17
    Space
    Suite A2
    Size
    1,000 SF
    Rate per SF
    $15

    HighLights

    • Prime 12th Ave N location near NDSU.
    • High visibility and excellent signage opportunities.
    • Diverse and stable tenant base.
    • High foot and vehicle traffic from NDSU students and faculty.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jimmy John's Caterer Bison Block Apartments Apartment Rental Agency Herd and Horns Restaurant First Western Bank ... Bank Pho Thien Kim ... Vietnamese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -96.8020217
    Latitude
    46.8902335

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    FAQs

    What type of property is this?
    Restaurant - Fargo, ND retail & restaurant space.
    Where is this restaurant located?
    The property is located at 1414 12Th Ave Fargo, ND.
    What is the lease rate?
    The lease rate is $15-$17 SF/Yr.
    What are key features of this property?
    This property features: Prime 12th Ave N location near NDSU.; High visibility and excellent signage opportunities.; Diverse and stable tenant base.
    Request Owner's contact information
    1414 12Th 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
    1414 12Th Ave Fargo, ND 58102
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