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:
3/04/2026
Overview
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: $800,000.00 invested in the past 4 years, including: Replacement of the main water line. New restroom facilities. Complete interior renovation
Supplements: ... (Read more) 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!
Listing Details MLS# 25-95
Contract Information
- Property Name
- 228 Broadway N
- Begin Date
- 2025-01-27
- Auction YN
- No
- Price
- 2375500
- Owner/Agent
- No
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
Multi-Family Info
- # Rental Units
- 8
General, Tax & Legal
- Building Size (SF)
- 9312
- Taxes
- 18534.8
- Spec Inst
- 721.35
- Spec Unpd
- 8130.7
- Drain
- 0
More Information
Type
- Investment Property
- Yes
- Multi-Family
- Yes
- Retail
- Yes
Exterior
- Brick
- Yes
Roof
- Flat
- Yes
Office/Retail Info
- Kitchen
- Yes
- # Floors
- 3
Heat System
- Forced Air
- Yes
Air Conditioning
- Central
- Yes
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: March - 04 - 2026
Information deemed reliable but not guaranteed.


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