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24930974
24930975

1902 1st Ave S, Fargo, ND 58103

BT
ND ND: 9607, MN MN: 40515140
Horizon Real Estate Group
Listed by Horizon Real Estate Group
$1,600,000
348 days on market
Updated 66 days ago

6 Bay Shop | 100% Leased | Partial Seller Financing Possible

Details
APN 01536000050000
Property Type Industrial
Sub Type Flex
Square Footage 17,810
Net Rentable (SqFt) 17,810
Units 7
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 1
Lease Expiration 06/30/2026
Remaining Term 1
Class C
Year Built 1997
Year Renovated 1997
Buildings 2
Stories 1
Lot Size (SqFt) 58,806
Zoning Light Industrial
Investment Type Value Add
Tenant Credit Corporate Guarantee, No Credit Rating
Lease Commencement 07/01/2025
Occupancy Date 03/01/2024
Ceiling Height 15

6 Bay Shop | Fully Leased | Partial Seller Financing Possible

Marketing description

This fully leased multi-unit shop property is situated in a well-established commercial and light industrial area. The site offers quick access to 25th Street, Main Avenue, and I-29, providing efficient connectivity for tenants, customers, and service vehicles. Just minutes from Downtown Fargo, the property is surrounded by a mix of trades, warehousing, and small business users, making it a functional and attractive setting for a wide range of operators.

While currently fully leased, this property could also present an exceptional opportunity for an owner operator who wants to occupy one unit in the future while generating income from the remaining tenants. The property qualifies for SBA financing if the owner occupies at least 51 percent of the space, making it an attractive option for buyers seeking both operational use and rental income. In addition, there is a 610 SF office space on site that is not currently being utilized, offering a clear value add opportunity for future income or owner use. With stable in place leases and practical site logistics, this is a dependable investment in the heart of the Fargo commercial market.

For more Fargo commercial real estate opportunities, visit
www.fargocommercialrealtor.com.

Investment highlights

  1. 17,810 SF industrial/flex space

  2. Excellent central Fargo location

  3. Shops currently at 100% occupancy

  4. Value add opportunity with a 610 SF office currently unoccupied

  5. SBA financing available for owner-users

  6. Current owner willing to vacate to make room for owner-occupant

  7. Partial seller financing available to qualified buyers

Listing Contacts

BT
ND ND: 9607, MN MN: 40515140
Horizon Real Estate Group
Listed by Horizon Real Estate Group

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Zoning

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LI IndustrialLight IndustrialLimited Industrial
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Tulibaski
License
ND: 9607
Brokerage Phone
(701) 793-0653
Brokerage Address
102 Broadway North
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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