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Listing Details
- $450,000
- MLS# 26-288
- Type Commercial - Investment
- Status
Listed By
Agency Name: Property Resources Group
Agency Phone: (701) 356-8888
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Investment opportunity in the heart of Downtown Fargo, anchored by Erbert & Gerberts sandwich franchise under new ownership.The tenant has executed a new 5-year lease running through June 2031, featuring scheduled annual rent increases. With a Year 1 Net Operating Income of $31,970, delivering consistent, predictable cash flow in one of the most vibrant and recognizable buildings in Downtown Fargo
Features
- Taxes: $7,063
- Year Built: 2007
Gallery
Listed By
Agency Name: Property Resources Group
Agency Phone: (701) 356-8888
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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