Property summary
Exceptional investment opportunity in downtown Fargo, North Dakota. This value-add retail property consists of two storefronts totaling 5,736 square feet at 117 and 119 Broadway N, zip code 58102, located less than a block from Broadway Square. Built in 1911, the property boasts a strong 7.00% cap rate and a current Net Operating Income (NOI) of $77,752, with an asking price of $1,110,000 ($193.51 per square foot). Currently 100% occupied, this property benefits from high foot traffic due to its prime location within a densely populated area with approximately 5,000 residents nearby and 20,000 employees in the downtown Fargo neighborhood. The prominent windowed storefronts provide excellent visibility and exposure. Potential Opportunity Zone tax benefits may apply. This is a rare chance to acquire a well-positioned, income-producing retail asset in a thriving downtown area.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Real Estate Agency
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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