$2,375,500

228 Broadway N
Fargo, ND 58102
MLS# 25-95

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Property Description
10-Year NNN Lease: Secured investment with a prosperous tenant. Cap Rate: 8% Established Business: , Tenant owns Boss' Pizza and Chicken Franchise. Diverse Income Streams: Includes 8 fully-occupied multifamily units. Capital Improvements: $800,000.00 invested in the past 4 years, including: Replacement of the main water line. New restroom facilities. Complete interior renovation

Details

Maps

Documents

Contract Information

Current Price: $2,375,500

Property Name: 228 Broadway N

Begin Date: 2025-01-27

Auction YN: No

Price: 2375500

Owner/Agent: No

Location

Address #: 228

Street Name: Broadway

Street Suffix: --

Street Direction Sfx: N

County: Cass

State/Province: ND

Postal Code: 58102

General Tax Legal

Parcel No.: 01-2460-00020-000

Year Built: 1900

Lot Size (SF): 4200

Lot Acres: 0.1

Status Change Info

Status: Active

Multi-Family Info

# Rental Units: 8

Property Features

Type: Investment Property; Multi-Family; Retail

Exterior: Brick

Roof: Flat

Heat System: Forced Air

Air Conditioning: Central

Supplements

down to the studs, with all new electrical, plumbing, and HVAC systems. New fire suppression system. Roof enhancements with new HVAC and kitchen exhaust systems on engineered I-beams. Professional commercial kitchen installed in 2021. Permits and Inspections: All work was properly permitted, engineered, and passed inspections by the City of Fargo. Location: Situated between two of the busiest sidewalks in North Dakota. Across the street from the $100 million RDO building. This meticulously upgraded property offers a prime investment opportunity with a strong tenant, multiple income streams, and a strategic location. Don't miss your chance to own this exceptional commercial property in Fargo, ND!

Listing Documents

Confidential Agreement

Profroma

Brochure

Listing Office: Brokers Commercial Property, LLC

Office Email: dan@brokers-commercial.com

Last Updated: January - 26 - 2026

228 Broadway N, Fargo, ND 58102 - MLS# 25-95

Information deemed reliable but not guaranteed.

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Founded in 2006, Kilbourne Group has a deep passion for urban spaces and an experienced understanding of how design and amenities can respond to today’s demand for walkable, mixed-use, urban cores in communities.

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