Kilbourne_Logo
Kilbourne_Logo
$3,377,026
1617 1st Avenue N
Fargo, ND 58102
MLS# 25-586

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Property Description
Rare opportunity to acquire an industrial investment portfolio priced at an 8.4% cap rate on 2025 actual NOI, featuring a mix of affordable shop space and self-storage. Ideally situated in a prime location, the property boasts strong occupancy, solid returns, and a diverse tenant mix, delivering actual 2025 NOI of $283,973.

Details
Maps
Documents
Contract Information
Current Price: $3,377,026
Property Name: The Shops On 1st
Begin Date: 2025-07-28
Auction YN: No
Price: 3377026
Owner/Agent: No
Location
Address #: 1617
Street Name: 1st
Street Suffix: Avenue
Street Direction Sfx: N
County: Cass
State/Province: ND
Postal Code: 58102
General Tax Legal
Parcel No.: 01-8758-00200-000
Year Built: 1993
Lot Size (SF): 133011
Lot Acres: 3.05
Status Change Info
Status: Active
Property Features
Type: Industrial; Investment Property; Office; Retail
Showing Instructions: Any Time
IDX
Listing Office: Horizon Real Estate Group

Office Email: David@horizonfargo.com

Last Updated: September - 08 - 2026

Information deemed reliable but not guaranteed.

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