Property Detail
228 Broadway N, Fargo, ND 58102
Commercial For Sale Active
Year Built: 1900
Total SqFt.: 4200
Public Remarks:
10-Year NNN Lease: Secured investment with a prosperous tenant. Cap Rate: 7% Established Business: Tenant has 13 locations, first opened in 2005. Diverse Income Streams: Includes 8 fully-occupied multifamily units. Capital Improvements: $1.2 million invested in the past 4 years, including: Replacement of the main water line. New restroom facilities. Complete interior renovation down to the studs, with all new electrical, plumbing, and HVAC systems. New fire suppression system. Roof enhancements with new HVAC and kitchen exhaust systems on engineered I-beams.
Professional commercial kitchen installed in 2021. Permits and Inspections: All work was properly permitted, engineered, and passed inspections by the City of Fargo.
Location: Situated between two of the busiest sidewalks in North Dakota. Across the street from the $100 million RDO building.
This meticulously upgraded property offers a prime investment opportunity with a strong tenant, multiple income streams, and a strategic location. Don't miss your chance to own this exceptional commercial property in Fargo, ND!
