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    1324 25Th Ave Fargo, ND 58103

    Sponsored
    For Sale
    $525,000

    Profitable Restaurant, Great Location

    Property size:
    3,956 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving restaurant located at 1324 25th Ave S, Fargo, ND 58103. The property, situated on a 0.22-acre lot (APN: 01-0066-000107-000), boasts 3,956 square feet of space, including a basement sports bar and dining area. Built in 1975, the building has undergone significant recent improvements exceeding $60,000. These upgrades include a new roof, HVAC system (replaced in 2014), and a newer hood system. Additional improvements include new carpeting upstairs, a new compressor for the walk-in cooler, and a security system. The property is currently leased under a NNN (Net, Net, Net) lease agreement with a single tenant for a 5-year term. The asking price is $525,000. Its prime location just off I-94 and University Drive South in South Fargo ensures high visibility and accessibility. There are no remaining lease incentives. This turnkey operation offers a strong return on investment with a current tenant in place and substantial recent capital improvements. The property's features and location make it an ideal addition to any investment portfolio.

    Property Features for 1324 25Th Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,956 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1975

    HighLights

    • Excellent location in South Fargo, near I‑94 and University Drive.
    • HVAC system replaced in 2014.
    • New carpeting installed upstairs.
    • Recently replaced front and back roofs.
    • Newer hood system installed.
    • New walk‑in cooler compressor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Guadalajara Mexican Restaurant Mexican 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
    -96.8004957
    Latitude
    46.8431443

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    FAQs

    What type of property is this?
    Restaurant - Profitable Restaurant, Great Location
    Where is this restaurant located?
    The property is located at 1324 25Th Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Excellent location in South Fargo, near I-94 and University Drive.; HVAC system replaced in 2014.; New carpeting installed upstairs.
    Request Owner's contact information
    1324 25Th Ave 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
    1324 25Th Ave Fargo, ND 58103
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