500 Block Broadway - Historic Mixed Use Property
Mixed Used Use Retail With 14 Apartments
Marketing description
Prime Downtown Mixed Use Investment | Historic 500 Block of Broadway – Fargo, ND
The historic 500 Block of Broadway offers an exceptional investment in the heart of Downtown Fargo. This iconic mixed use property features established long term commercial tenants on the ground floor and 14 well maintained second floor apartments, delivering a stable and diversified income stream in one of the city's most walkable and dynamic corridors.
Zoned DMU (Downtown Mixed Use) and located within both the Renaissance Zone and Opportunity Zone, the property offers meaningful tax advantage potential for investors and owner users.
This is an ideal opportunity for an owner user looking to occupy part of the main floor while benefiting from the income of existing commercial tenants and 14 apartment units above. The in-place revenue helps offset mortgage payments and creates a practical path to ownership in a premier downtown location.
Surrounded by shops, restaurants, and cultural landmarks, the property sits on one of Fargo’s most visible and vibrant blocks, attracting strong tenant demand and long term value.
Investment highlights
Long term commercial tenants in place
14 second floor apartments with consistent occupancy
Zoned DMU and located in Opportunity and Renaissance Zones
Prime Broadway frontage in Downtown Fargo
Great fit for owner users seeking supplemental income
Partial seller financing available for qualified buyers
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