818 Main Ave Fargo, ND 58103
This exceptional 5,200-square-foot Class B office building, located at 818 Main Ave in Fargo, North Dakota, presents a rare investment opportunity. Currently 100% occupied under an Absolute NNN lease, this single-story structure boasts high-quality finishes and offers significant potential for both owner-occupants and investors. The property features two entrances, thirteen individual offices, a spacious bullpen/cube area, a large conference room with a skylight, a convenient kitchenette, and dedicated reception and work areas. Situated on a 7,000-square-foot lot in a vibrant downtown Fargo location, the building benefits from ample parking. The asking price is $850,000, representing a compelling $163.46 per square foot and an 8.50% cap rate. Zoned for commercial use, this versatile property is ideally suited for a wide range of professional uses, including medical practices, financial services, co-working spaces, and architectural or engineering firms. The building has been meticulously maintained and offers a turnkey solution for immediate occupancy or a strong, stable income stream. This is a truly exceptional opportunity in a thriving North Dakota market. The property is located in Cass County, zip code 58103.
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David A Skjerven & Associates Inc Financial Advisor
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Producers Financial Group Insurance Agency
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North Dakota Life & Health Insurance Insurance Agency
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.