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Property profile & analytics
FOR SALE
Commercial real estate

716 Main Ave Fargo, ND 58103

5,550 SF Built 1901
Entity Owned 9-yr Hold
Property ID
US56-0034375
Property summary
AI-generated overview

Embrace The Essence Of Downtown Fargo With The Unparalleled Investment Potenal Offered By 716 Main. Restored To Its Former Glory, This Disnguished Property Features A Fully Occupied Main Floor And A Dynamic Second Floor Space Beaufully Finished With Extensive Capital Improvements, Essenally Making 716 Main, A Brand-New Building With The Historic Look We All Have Come To Love In Downtown Fargo. 716 Is Suited For A Variety Of Uses Ranging From A Downtown Office Or Photography Suite, Event Space Or To Your Own Private Condo. Buyers And Tenants Will Appreciate The Recent Addion Of A Dual-Level Pao, The Incredible Interior Finishes And Design. The Property'S Strategic Allocaon Of Alley Parking Enhances Accessibility, Creang An Opportunity That Harmoniously Merges Beauful Remodeled Historic Presge, Revenue Generaon, And Arsc Refinement

Property profile
Verified
Property type Commercial real estate
Year built 1901
Total area 5,550 SF
UPID US56-0034375
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
  • The Space Hotel & Motel Resort
  • Alina Collective Clothing & Fashion Store
  • Apartmentstalker.Com Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bh Properties LLC · 9 yrs held
Bh Properties LLC
since 2017
4 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
2017
$595,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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