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801 University Dr N
Fargo, ND 58102
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong repeat customer base and steady cash flow
- Ample on-site parking
- Efficient layout for self-service and wash-and-fold operations
- Close proximity to residential housing, student rentals, and retail traffic
EXECUTIVE SUMMARY
An outstanding opportunity to own a well-established, is a fully operational laundromat in the heart of Fargo. Located at 801 University Drive N, this property offers exceptional visibility and accessibility on one of the city’s most traveled corridors, just minutes from downtown, major thoroughfares, and densely populated neighborhoods.
This long-standing business has been a reliable staple in the community for years, known for its consistency, cleanliness, and convenience. The facility is meticulously maintained, with a full suite of high-quality, commercial-grade washers and dryers in excellent condition. Both the interior and exterior show pride of ownership, presenting a move-in-ready investment for an owner-operator or absentee investor alike.
This long-standing business has been a reliable staple in the community for years, known for its consistency, cleanliness, and convenience. The facility is meticulously maintained, with a full suite of high-quality, commercial-grade washers and dryers in excellent condition. Both the interior and exterior show pride of ownership, presenting a move-in-ready investment for an owner-operator or absentee investor alike.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,149 SF
Building Class
B
Year Built
1986
Price
$895,000
Price Per SF
$173.82
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
LC
Parking
22 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
127’ on University Dr
PROPERTY TAXES
| Parcel Number | 01-2900-00160-000 | Improvements Assessment | $246,350 |
| Land Assessment | $47,000 | Total Assessment | $293,350 |
PROPERTY TAXES
Parcel Number
01-2900-00160-000
Land Assessment
$47,000
Improvements Assessment
$246,350
Total Assessment
$293,350
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