228 Broadway N, Fargo, ND 58102
$2,375,500

Property Type:
Commercial For Sale
Lot Size (sq. ft.):
4,200
Status:
Active
Current Price:
$2,375,500
List Date:
2/03/2025
Last Modified:
9/03/2025
Description
10-Year NNN Lease: Secured investment with a prosperous tenant. Cap Rate: 8% Established Business: , Tenant owns Boss' Pizza and Chicken Franchise. 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
Supplements: 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!
More Information MLS# 25-95
Contract Information
Property Name: 228 Broadway N
Auction YN: No
Owner/Agent: No
Current Price: $2,375,500
Begin Date: 2025-01-27
Price: 2375500
General, Tax & Legal
Building Size (SF): 9312
Taxes: 18534.8
Spec Inst: 721.35
Spec Unpd: 8130.7
Drain: 0
Type
Investment Property: 1
Multi-Family: 1
Retail: 1
Exterior
Brick: 1
Roof
Flat: 1
Office/Retail Info
Kitchen: 1
# Floors: 3
Multi-Family Info
# Rental Units: 8
Heat System
Forced Air: 1
Air Conditioning
Central: 1
Location
Address #: 228
Street Name: Broadway
Street Suffix: --
Street Direction Sfx: N
County: Cass
State/Province: ND
Postal Code: 58102
General Tax Legal
Parcel No.: 01-2460-00020-000
Year Built: 1900
Lot Size (SF): 4200
Lot Acres: 0.1
Status Change Info
Status: Active
Property Features
Type: Investment Property; Multi-Family; Retail
Exterior: Brick
Roof: Flat
Heat System: Forced Air
Air Conditioning: Central
Documents
Listing Office:
Brokers Commercial Property, LLC

Office Email: dan@brokers-commercial.com
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.


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