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720 14th St N 40,314 SF 100% Leased Industrial Building Fargo, ND 58102 $2,612,500 ($64.80/SF)

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INVESTMENT HIGHLIGHTS

  • Great location off 7th Ave N near University Drive
  • Two floors of warehouse space with offices/conference rooms
  • Potential for conversion to office or multi-family
  • Dock accessible (2 doors)
  • Additional land available
  • Above flood proof elevation requirements

EXECUTIVE SUMMARY

Great industrial site with dock accessibility between Downtown Fargo and NDSU, with the potential for additional adjacent land! This incredibly well-built concrete building features 2 dock doors with a great location just off 7th Ave N near University Drive. Two floors of space previously used for document storage could be used for warehousing or converted for office or multi-family use. The first floor features open warehouse space with offices, conference and break area, with open warehouse space and additional offices on the second-floor. The property also has no specials remaining! With additional land available for interested buyers, this can become a long-term location for businesses of many types.

PROPERTY FACTS

Price $2,612,500
Price Per SF $64.80
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Office Office Residential
Building Class C
Lot Size 1.27 AC
Rentable Building Area 40,314 SF
No. Stories 2
Year Built 1948
Opportunity Zone Yes
Zoning LI - Light Industrial

AMENITIES

  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3235-00100-000
Land Assessment
$62,000
Improvements Assessment
$418,050
Total Assessment
$480,050
  • Listing ID: 32823004

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 720 14th St N, Fargo, ND 58102

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