3155 45th St S, Fargo, ND, 58104

3155 45th St S Fargo, ND 58104

3155 45th St S, Fargo, ND, 58104
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FOR SALE
Property Type:
Street Retail
Amount:
$3,200,000
Last Verified:
Dec 16, 2024

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Highlights

  • Traffic count of 23,610+ on 45th Street and 16,625+ on 32nd Avenue making this one of the busiest intersections in ND.
  • FF&E and Liquor License negotiable
  • Largo lot and off-site retention creates the possibility for building expansion with a change of use
  • Urban Plains
  • Located in the vibrant Urban Plains neighborhood, the property offers easy access to top amenities like Scheels Arena, parks, dining options, and wellness centers, all within a thriving, well-connected community.
  • Ceiling Height 12'-14' to top of truss
  • 1150 square foot patio
  • 154 parking spaces

Description

Now is your chance to buy or lease a premier 10,127-square-foot building at the highly visible corner of 45th Street and 32nd Avenue in Fargo. Previously operated as a restaurant, the building was licensed for a seating capacity of 271 in the main dining area, 87 in the bar, and an additional 56 on the patio. Constructed with a level slab-on-grade foundation, steel framing, and wide column spacing, this versatile property also features an expansive parking area. Its adaptable design makes it ideal for conversion to non-restaurant uses, including medical, office, or retail spaces.

Positioned at the prominent intersection of 45th Street and 32nd Avenue in Fargo, this premier 10,127-square-foot building offers unmatched visibility and accessibility.
With exceptional traffic counts at one of the city's busiest corners, this property is a high-profile location for businesses seeking prominence. Previously licensed as a restaurant with seating for 271 in the dining area, 87 in the bar, and 56 on the patio, it features a level slab-on-grade foundation, steel construction, and wide column spacing.
The expansive parking area and versatile design make it ideal for non-restaurant conversions, including medical, office, or retail uses.


Year Built: 2007
Building Size: 10127sq ft
Lot Size: 2.28 acres

Map of 3155 45th St S, Fargo, ND, 58104

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.