1432 St Fargo, ND 58102
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.