The Professional Building 100 4th St S 56,700 SF 100% Leased Office Building Fargo, ND 58103 £2,998,208 (£52.88/SF)
INVESTMENT HIGHLIGHTS
- Precast concrete building
- Large parking lot with approximately 218 spaces
- Building engineered to add three more floors on top of existing structure
- Property consists of six floors
- Two north-south contiguous elevators
- Blast pneumatic air furnace
EXECUTIVE SUMMARY
Incredible opportunity to acquire The Professional Building – an iconic office and retail building in a premier location in downtown Fargo. Located in the heart of downtown between the Red River, Island Park, and Main Avenue, this is one of the best locations in North Dakota. The location is surrounded by recent and ongoing development contributing to the further revitalization of the downtown area. Neighboring activity includes major renovations of the new Bell Bank corporate headquarters, redevelopment of the Lashkowitz Riverfront Apartments, and newly built mixed-use projects Gateway Center and The Arch.
The Professional Building consists of 6 floors that combine for over 50,000 SF of professional office space and first floor retail space. It boasts a large parking lot with over 200 parking spaces, a rare feature for the downtown area. Strong boulevard signage is visible from 4th Street and 1st Avenue.
With a prime location, this beautiful property is great for an owner/ occupier, investor, or redevelopment. Don’t miss out on this rare opportunity!
The Professional Building consists of 6 floors that combine for over 50,000 SF of professional office space and first floor retail space. It boasts a large parking lot with over 200 parking spaces, a rare feature for the downtown area. Strong boulevard signage is visible from 4th Street and 1st Avenue.
With a prime location, this beautiful property is great for an owner/ occupier, investor, or redevelopment. Don’t miss out on this rare opportunity!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
56,700 SF
Building Class
C
Year Built
1969
Price
£2,998,208
Price Per SF
£52.88
Percent Leased
100%
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
9,450 SF
Building FAR
0.61
Lot Size
2.13 AC
Opportunity Zone
Yes
Zoning
DMU - Downtown Mixed-Use
Parking
218 Spaces (3.84 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Natural Light
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Retail space for lease in the iconic Professional Building.
Retail space for lease in the iconic Professional Building.
Office space for lease in the iconic Professional Building.
Office space for lease in the iconic Professional Building.
Office space for lease in the iconic Professional Building.
- 3rd Fl-Ste 302
- 3,812 SF
- Office
- Full Build-Out
- 30 Days
- 3rd Fl-Ste 304
- 1,469 SF
- Office
- Full Build-Out
- 30 Days
- 4th Floor
- 7,380 SF
- Office
- Full Build-Out
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 104 | 1,069 SF | Retail | Full Build-Out | 30 Days |
| 1st Fl-Ste 106 | 1,019 SF | Retail | Full Build-Out | 30 Days |
| 1st Fl-Ste 108 | 622 SF | Retail | Full Build-Out | 30 Days |
| 1st Fl-Ste 110 | 1,169 SF | Retail | Full Build-Out | 30 Days |
| 1st Fl-Ste 112 | 622 SF | Retail | Full Build-Out | 30 Days |
| 3rd Fl-Ste 302 | 3,812 SF | Office | Full Build-Out | 30 Days |
| 3rd Fl-Ste 304 | 1,469 SF | Office | Full Build-Out | 30 Days |
| 4th Floor | 7,380 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste 104
| Size |
| 1,069 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 106
| Size |
| 1,019 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 108
| Size |
| 622 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 110
| Size |
| 1,169 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 112
| Size |
| 622 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 302
| Size |
| 3,812 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 304
| Size |
| 1,469 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
4th Floor
| Size |
| 7,380 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 01-2112-00070-000 | Improvements Assessment | £1,039,012 |
| Land Assessment | £458,081 | Total Assessment | £1,497,093 |
