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215 Broadway - Block 9 Tower 4,881 SF Retail Condo Unit Offered at $1,900,000 in Fargo, ND 58102
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 01-1520-00823-003 |
| Cap Rate | 6.69% |
| Sale Type | Investment |
| Cap Rate | 6.69% |
| APN/Parcel ID | 01-1520-00823-003 |
Description
Block 9 is downtown Fargo’s premier mixed-use building, situated adjacent to Broadway Square - one of the region’s most active community event venues. This offering includes two retail condos fully leased by The Nines and Salt Hill Gallery, providing immediate income in a high-foot-traffic urban corridor. Newer construction, established tenants, and a central downtown location make this a straightforward long-term hold for an investor seeking stabilized retail exposure.
*Opportunity Zone tax benefits may apply.
*Opportunity Zone tax benefits may apply.
Sale Notes
Block 9 is downtown Fargo’s premier mixed-use building, situated adjacent to Broadway Square - one of the region’s most active community event venues. This offering includes two retail condos fully leased by The Nines and Salt Hill Gallery, providing immediate income in a high-foot-traffic urban corridor. Newer construction, established tenants, and a central downtown location make this a straightforward long-term hold for an investor seeking stabilized retail exposure.
*Opportunity Zone tax benefits may apply.
*Opportunity Zone tax benefits may apply.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 4,881 SF | Retail | $1,900,000 ($389.26/SF) | $127,034 |
Unit 3
| Unit Size |
| 4,881 SF |
| Condo Use |
| Retail |
| Price |
| $1,900,000 ($389.26/SF) |
| NOI |
| $127,034 |
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Unit 3
| Unit Size | 4,881 SF |
| Condo Use | Retail |
| Price | $1,900,000 ($389.26/SF) |
| NOI | $127,034 |
| Sale Type | Investment |
| Cap Rate | 6.69% |
| APN/Parcel ID | 01-1520-00823-003 |
| Description | |
| Block 9 is downtown Fargo’s premier mixed-use building, situated adjacent to Broadway Square - one of the region’s most active community event venues. This offering includes two retail condos fully leased by The Nines and Salt Hill Gallery, providing immediate income in a high-foot-traffic urban corridor. Newer construction, established tenants, and a central downtown location make this a straightforward long-term hold for an investor seeking stabilized retail exposure.<br> *Opportunity Zone tax benefits may apply.</li></ul> | |
| Sale Notes | |
| Block 9 is downtown Fargo’s premier mixed-use building, situated adjacent to Broadway Square - one of the region’s most active community event venues. This offering includes two retail condos fully leased by The Nines and Salt Hill Gallery, providing immediate income in a high-foot-traffic urban corridor. Newer construction, established tenants, and a central downtown location make this a straightforward long-term hold for an investor seeking stabilized retail exposure.<br> *Opportunity Zone tax benefits may apply.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 290,000 SF | Year Built | 2021 |
| Property Type | Office (Condo) | Lot Size | 1.12 AC |
| Building Class | A | Parking Ratio | 1.3/1,000 SF |
| Floors | 18 | Opportunity Zone |
Yes
|
| Typical Floor Size | 10,000 SF |
| Total Building Size | 290,000 SF |
| Property Type | Office (Condo) |
| Building Class | A |
| Floors | 18 |
| Typical Floor Size | 10,000 SF |
| Year Built | 2021 |
| Lot Size | 1.12 AC |
| Parking Ratio | 1.3/1,000 SF |
| Opportunity Zone |
Yes |
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
50/100
Exceptionally bikeable
90/100
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Matterport 3D Exterior
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Photos
Street View
Street
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215 Broadway - Block 9 Tower
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