315 5Th St Fargo, ND 58102

Property Details for 315 5Th St

Year built

1927

Property size

25,000 SF

Property type

Retail space

Property subtype

Storefront properties

Description

This exceptional 25,000-square-foot mixed-use building, located at 315 5th St N in Fargo, North Dakota, presents a unique investment opportunity. Originally built in 1927 and meticulously renovated in 2018, this Class B property boasts timeless charm combined with modern functionality. The building features four units across two stories, offering a blend of storefront and traditional office space, perfect for an owner-user. Currently 100% occupied, the property includes flexible and manufacturing space, along with a large basement, providing ample room for expansion or adaptation. Situated on a 21,070-square-foot lot in the vibrant downtown Fargo area, this property benefits from a prime commercial/industrial zoning designation. The asking price is $2,250,000 ($90/sq ft). The seller currently occupies a portion of the space (Suites E, F, G, and H) and is open to negotiating a leaseback or vacating all or part of their space to accommodate the new owner. This presents a rare opportunity to acquire a thriving, established business with significant upside potential. Don't miss this chance to own a piece of Fargo's history.