304 10Th St Fargo, ND 58102

Property Details for 304 10Th St

Year built

1989

Lot size

0.15 lot acres

Property size

6,500 SF

Property type

Office space

Description

This exceptional Fee-Simple creative office building in downtown Fargo, North Dakota presents a unique owner-user opportunity. Located at 304-308 10th St N, this 6,500 square foot property boasts 4,072 square feet of net rentable space, spread across two units within a 0.15-acre lot. Built in 1989, the building offers ample parking with 22 spaces. The property's current configuration includes a top-floor apartment and a Pilates studio on the main floor, both secured by a long-term lease with a personal guarantee, providing immediate and stable income. The ground floor offers versatility, allowing for immediate occupancy as your own office space or the potential to lease it back to the current owner for up to two years. This provides a flexible investment strategy, allowing for immediate income while planning for future expansion or long-term leasing. The building's location in the heart of downtown Fargo ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential in a thriving urban environment. The property offers 100% lease potential, making it an attractive investment for both owner-occupiers and investors seeking a strong return. Don't miss this chance to own a piece of Fargo's vibrant downtown.