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Property profile & analytics

118 Broadway Fargo, ND 58102

  • Office Properties & Spaces
  • 69,727 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Thiken / (Bike/Boat/Book/etc) Store / Corporate Office
  • Dorsher Dentistry / Dental Office
  • North Dakota Horse Park / Racecourse
  • Ankers Law / Law Firm
  • Gregory Clark, MSW / Foster Care Service / Social Service Agency

Property Details for 118 Broadway

Property size
69,727 SF
Property type
Office Properties & Spaces

Description

This exceptional traditional office building, located at 118 Broadway N in Fargo, North Dakota, presents a compelling investment opportunity. The Black Building, encompassing 69,727 square feet across its main through fifth floors, boasts a strong net operating income (NOI) of $704,401. Its prime downtown location offers unparalleled convenience and accessibility. The building features a direct connection to the city's skyway system, providing seamless indoor access to numerous businesses and amenities. Parking is readily available with 69 dedicated heated parking spaces situated across the street in the Kesler building. Further enhancing its accessibility, the Black Building is conveniently connected via skyway to the Fargo Civic Center parking ramp and is just a two-minute walk from the Roberts Commons Parking Garage. The asking price for this remarkable property is $14,000,000. This presents a rare chance to acquire a significant, well-located office building in a thriving North Dakota market with a proven track record of strong financial performance. The building's historic character and modern conveniences combine to create a highly desirable and functional workspace. This is an ideal investment for those seeking a stable, high-return property in a dynamic urban setting. The property is located in Cass County, zip code 58102.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Fargo
County
Cass
State
North Dakota
Longitude
-96.7881
Latitude
46.8776
More about this property
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