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    716 Main Ave Fargo, ND 58103

    Sponsored
    For Sale
    $800,000

    Historic building, 2775 sq ft office space.

    Property size:
    2,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office space, located at 716 Main Ave in Fargo, North Dakota, presents a unique investment opportunity. Situated within a historically renovated 1901 Victorian Gothic building, this 2,775 square foot property offers a blend of classic charm and modern functionality. The building boasts stunning features including original historic maple floors, a robust steel center structure suitable for various assembly uses on both floors, and 17 newly installed windows providing captivating views of 8th Street. The property sits on a 0.08-acre lot and is zoned for retail, office, and business uses. This versatile space is ideal for a discerning business owner seeking a prestigious and historically significant location in the heart of downtown Fargo. The asking price for this remarkable property is $800,000. The property's rich history and modern upgrades combine to create an unparalleled opportunity for a unique and memorable business environment. This is a chance to own a piece of Fargo's vibrant history while enjoying the benefits of a well-maintained and adaptable commercial space. The property's central location in Fargo's downtown area provides excellent visibility and accessibility.

    Property Features for 716 Main Ave

    General Information

    Property type
    Investment properties
    Square Feet
    2,775 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1901

    HighLights

    • Asking price: $800,000
    • 2,775 square foot executive office space in a historically renovated building.
    • Property type: Retail, Office, Business for Sale.
    • Located at 716 Main Ave, Fargo, ND 58103, on a 0.08‑acre lot.
    • Built in 1901.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Space Event Venue Alina Collective Boutique Apartmentstalker.Com Apartment Rental Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.7904584
    Latitude
    46.8742784

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    FAQs

    What type of property is this?
    Investment property - Historic building, 2775 sq ft office space.
    Where is this investment property located?
    The property is located at 716 Main Ave Fargo, ND.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Asking price: $800,000; 2,775 square foot executive office space in a historically renovated building.; Property type: Retail, Office, Business for Sale.
    Request Owner's contact information
    716 Main 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
    716 Main Ave Fargo, ND 58103
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