516 Broadway Fargo, ND 58102
This exceptional two-story, 18,712 square foot retail property is situated in Fargo's vibrant Historic Downtown District. The building features street-level commercial spaces ideal for a variety of retail businesses, complemented by apartment homes on the upper level. Available spaces range from 1,336 to 5,981 square feet, offering flexibility for various business needs. The property is zoned DMU (Downtown Mixed Use District) within Cass County, reflecting its prime location and development potential. This thriving area benefits from significant recent growth, including new developments, job creation, and an influx of residents. Its strategic location provides easy access to key transportation arteries, including I-29, I-94, Highway 10, and Highway 75, as well as proximity to North Dakota State University and Hector International Airport. The property is also available for sale. This presents a unique opportunity to own a piece of Fargo's dynamic downtown core. The building's mixed-use nature offers a blend of commercial and residential opportunities, creating a vibrant and bustling atmosphere. This is an excellent investment opportunity in a rapidly growing area.
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Beyond Running Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.