Property summary
This exceptional commercial property, located at 122 Broadway N in Fargo, North Dakota, offers a unique opportunity for businesses seeking prime downtown space. The Merchants Bank building, originally constructed in 1921, has undergone significant renovations, showcasing a blend of historic charm and modern functionality. Currently, two spaces are available, ranging from 2,940 to 4,187 square feet, suitable for a variety of uses including traditional office, creative office, or coworking spaces. One space, adjacent to Chase Bank on 2nd Avenue, is particularly well-suited for retail or restaurant concepts and could feature a new storefront entrance directly onto 2nd Avenue North. The building's location is highly desirable, situated directly across from Broadway Square in a vibrant, walkable area. This prime location boasts a Walkscore of 95 and a BikeScore of 97, providing exceptional accessibility and convenience for employees and customers. The property is classified as Retail and Office, with multiple tenancy options available within Cass County. This is a rare chance to secure a space in a landmark building within a thriving downtown Fargo environment. The property's rich history combined with its modern updates makes it an ideal location for businesses seeking a unique and advantageous address.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Atm
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Bank Loan Service
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Radio Station Telecommunications Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The DMU Design Standards are intended to create and maintain a general visual quality and appearance that will be appealing to people who work in the DMU district and to those who come to the downtown area for goods, ser…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DMU · Fargo, NDThe DMU Design Standards are intended to create and maintain a general visual quality and appearance that will be appealing to people who work in the DMU district and to those who come to the downtown area for goods, ser…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The DMU Design Standards are intended to create and maintain a general visual quality and appearance that will be appealing to people who work in the DMU district and to those who come to the downtown area for goods, ser…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DMU in Fargo, ND.
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Find the owner behind the property.
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