531 4Th Ave Fargo, ND 58102
Mercantile, located at 531 4th Ave N in Fargo, North Dakota, offers exceptional commercial office space in the heart of downtown. This mixed-use property boasts a prime location at the intersection of 4th Avenue North and Broadway, placing businesses in close proximity to key amenities and high foot traffic. The building features a blend of traditional and creative office spaces, with multiple suites available ranging from 1,135 to 1,563 square feet. A total of 5,502 square feet of ground floor commercial space is currently available for lease. The building's strategic location offers unparalleled accessibility, underscored by a Walkscore of 95 and a BikeScore of 97, making it a highly desirable location for employees and clients alike. The property enjoys prominent neighboring businesses, including US Bank and the Fargo Police Department. Adding to the vibrancy of the location, the upper floors house 100 apartments, and nine owner-occupied condominiums are situated on the north side of a convenient parking garage. Please note that US Bank's tenancy includes specific use restrictions
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.