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818 Main Ave 5,200 SF Office Building Fargo, ND 58103 $650,000 ($125/SF)
Investment Highlights
- Thirteen private offices
- Large conference room with skylight
- Reception
- Open workspace
- Kitchenette
- Two entrances
Executive Summary
Great opportunity for an owner-occupier with rental income! This stand-alone office building is located perfectly on Main Avenue in downtown Fargo. High visibility, easy access with on street and private parking located on the south side of the property. Current individual office tenants are on year-to-year leases with $33,000/year of rental income.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
5,200 SF
Building Class
B
Year Built/Renovated
1927/2015
Price
$650,000
Price Per SF
$125
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,200 SF
Building FAR
0.75
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
DMU
Amenities
- Reception
- Air Conditioning
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01-2240-01150-000 | Improvements Assessment | $224,500 |
| Land Assessment | $42,000 | Total Assessment | $266,500 |
Property Taxes
Parcel Number
01-2240-01150-000
Land Assessment
$42,000
Improvements Assessment
$224,500
Total Assessment
$266,500
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818 Main Ave
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