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Property profile & analytics
OFF-MARKET
Neighborhood centers

516 Broadway Fargo, ND 58102

18,712 SF
Individually Owned 8-yr Hold
Property ID
US56-0046995
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Total area 18,712 SF
UPID US56-0046995
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
  • Beyond Running Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
Jeremy M Horst · 8 yrs held
Jeremy M Horst
since 2018
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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