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Property profile & analytics
OFF-MARKET
Retail space

3535 Main Ave Fargo, ND 58103

6,010 SF 0.71 ac lot Built 1969
Entity Owned 8-yr Hold
Property ID
US56-0108260
Property summary
AI-generated overview

This 6,010 square foot storefront building, located at 3535 Main Ave in Fargo, North Dakota (zip code 58103), presents a unique investment opportunity. Situated on a 0.71-acre lot (APN: 01-1010-00163-000), this property boasts exceptional visibility and access directly off Interstate 29 and Main Avenue, one of Fargo's highest traffic areas with over 80,000 vehicles passing daily. Extensively renovated in 2012, the building features modern HVAC systems with I-wave air purification, high-quality interior finishes, custom cabinetry, and a full kitchen. The space is currently occupied by two tenants, providing immediate income (lease and financial details available upon request). The property includes significant signage opportunities (pylon, billboard, and monument) along I-29 and Main Avenue, offering excellent branding potential and additional revenue streams. The building's flexible layout is suitable for various business types. Additional features include a large, fenced patio with upgraded landscaping, a security and sound system, LED parking lot lighting, and potential for additional billboard installation or a secondary structure. The building's construction includes a mix of concrete walls and 2x6 framing with spray foam insulation. The roof, featuring R50 insulation and a tapered Duralast membrane system (partially truss/asphalt shingles and poured concrete), is still under warranty. The permitted zoning is General Commercial (GC). Built in 1969, this property offers a blend of established location and modern updates, making it an attractive option for both investors and owner-occupiers. The asking price is $1,200,000 ($199.67 per square foot).

Property profile
Verified
Property type Retail space
Year built 1969
Total area 6,010 SF
Lot 0.71 ac (30,928 SF)
APN 01-1010-00163-000
UPID US56-0108260
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
  • Derek Christopherson - State Farm Insurance Agent Insurance Agency
  • Esthetics By Callie Alternative Medicine Practice Spa & Massage Center
  • Fargo Nutrition Physician
  • Prim Aesthetics Hair Salon Nail Salon
  • Goddess Expressions Beauty Bar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Christopherson Plaza LLC · 8 yrs held
Christopherson Plaza LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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