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    FOR LEASE
    Retail space

    122 Broadway N, Fargo, ND 58102

    13,250 SF 0.16 ac lot Built 1911
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US56-0035304
    122 Broadway N, Fargo, ND 58102 For Lease
    $10 SF/Yr 2,940 SF available
    122 Broadway N, Fargo, ND 58102
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    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1911
    Total area 13,250 SF
    Lot 0.16 ac (7,000 SF)
    Zoning code DMU
    APN 01-2381-00320-000
    UPID US56-0035304
    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
    Current use
    Occupant on record · Public records
    • CHARISM Main Office Charitable Organization Social Service Agency
    • Chase ATM Atm
    • Chase Bank Bank Loan Service
    • Kxbq Radio Station Telecommunications Service
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Dfi Bd LLC · 8 yrs held
    Dfi Bd LLC
    since 2018
    4 recorded transactions
    2018
    2016
    $9.2M
    2015
    1969
    Zoning & alternative use
    DMU · Fargo, ND
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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