1902 1st Avenue S, Fargo, ND 58103
$1,600,000
Property Type:
Commercial For Sale
Lot Size (sq. ft.):
58,964
Status:
Active
Current Price:
$1,600,000
List Date:
7/18/2025
Last Modified:
7/18/2025
Overview
Description
Fully leased multi-unit shop property in a prime commercial and light industrial area with quick access to 25th Street, Main Avenue, and I-29. Strong tenant mix, stable income, and minutes from Downtown Fargo. Ideal for investors or owner users. SBA financing available with 51% occupancy. Current owner willing to vacate for an owner occupant. Gross potential rent is $175,320.
Listing Details MLS# 25-564
Contract Information
- Property Name
- Fargo Multi-Unit Shops - Owner Occupy or Invest
- Begin Date
- 2025-07-18
- Auction YN
- No
- Price
- 1600000
- Owner/Agent
- No
Location
- Address #
- 1902
- Street Name
- 1st
- Street Suffix
- Avenue
- Street Direction Sfx
- S
- County
- Cass
- State/Province
- ND
- Postal Code
- 58103
General Tax Legal
- Parcel No.
- 01-5360-00050-000
- Year Built
- 1997
- Lot Size (SF)
- 58964
- Lot Acres
- 1.35
General, Tax & Legal
- Building Size (SF)
- 17810
- Taxes
- 24804
- Spec Inst
- 1399
- Spec Unpd
- 14018
- Drain
- 0
Type
- Industrial
- Yes
- Investment Property
- Yes
- Shop
- Yes
More Information
Property Features
Type:
Industrial; Investment Property; Shop
Documents
Offering Memorandum ›
Listing Office:
Horizon Real Estate Group
Office Email: David@horizonfargo.com
Last Updated: July - 18 - 2025
Information deemed reliable but not guaranteed.