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Property profile & analytics
OFF-MARKET
Warehouses

1432 St Fargo, ND 58102

4,668 SF 0.5 ac lot Built 1921
Property ID
Property summary
AI-generated overview

This exceptional 4,668 square foot warehouse, known as the Ivy & Rose Building, presents a unique investment opportunity in Fargo, North Dakota. Located at 1432 1St Ave N/22 141/2 St N, this property sits on a half-acre lot (APN: 01-2340-03481-000) and boasts a prime location just outside the downtown core, near thriving new developments such as Brewhalla. Built in 1921, the building has undergone a complete interior renovation and is currently operating as a fully leased event center, ensuring a steady income stream. The property is zoned Commercial - Limited Industrial, offering flexibility for future uses. Exterior parking is available for tenants and patrons. The asking price for this fully leased, renovated warehouse is $649,000. This represents a compelling opportunity to acquire a well-located, income-producing asset in a rapidly growing area of Fargo, within Cass County, and utilizing the 58102 zip code. The property's history and recent upgrades combine to create a truly unique investment prospect. Don't miss this chance to own a piece of Fargo's vibrant commercial landscape.

Property profile
Verified
Property type Warehouses
Year built 1921
Total area 4,668 SF
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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