Listed by RE/MAX Legacy Realty
$3,150,000
855 45th St S
Details
APN 01-3880-01609-000
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 24,481
Net Rentable (SqFt) 24,481
Units 8
Cap Rate 8.57%
NOI $270,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 5
Price per SqFt $129
Broker Co-Op Yes
Class B
Year Built 1997
Year Renovated 2019
Buildings 1
Stories 1
Lot Size (SqFt) 122,895
Zoning Commercial
Investment Type Stabilized
Occupancy Date 02/01/2016
Ownership Trust
8.57 Cap Rate
Marketing description
REMAX Legacy Commercial is pleased to offer incredible investment opportunity located at 855 45th St S, Fargo ND in the Westfield Business Park. This 24,481 SF neighborhood strip center has great parking, easy access, egress and great exposure off of busy 45th Street.
Boasting an impressive 9.6% cap rate, this property presents a rare opportunity for investors seeking a high-yield, low maintenance addition to their portfolio.
Listing Contacts
Listed by RE/MAX Legacy Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$270,000.00
$22,500.00/mo
Valuation Metrics
0
DSCR
8.57%
Cap Rate
8.57%
ROI
Map
Zoning
GC CommercialGeneral CommercialGeneral Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 49 uses
View all 49 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
