1621 South University Drive
Fargo, ND
Shopping Center for Sale - $3,900,000 - 23,000 Sq. Ft. on 3 acres
Property Info
CIMLS# | 1100951 |
Location 1621 South University Drive Fargo ND 58103 | |
Updated | September 3rd, 2021 |
Type | Shopping Center |
Price | $3,900,000 |
Building | 23,000 Sq. Ft. |
Land | 3 acres |
Property Description
11 structures on contiguous property on prime commercial street with high traffic and visibility near a major interstate intersection. 26,000 cars per day. Central South Fargo, North Dakota. Incredible development potential. Main building is called “South Plaza” and is a large combination strip mall and office building. 2 additional buildings are a free standing pharmacy and a restaurant with separate parking. Entire block of 8 residential houses adjacent to the commercial properties are also offered and could be developed together. Property is near 2 major Hospitals. Shopping center is approx 10,000 sqft of store front commercial space with approx 10,000 sqft of office space on the second floor. Commercial buildings are approx 1500 sqft each. The 8 houses are all 2-3 bedrooms, 1-2 baths with garages, and each approx 1000 sqft on main floor. Most have finished basements for additional sqft.
Financials
August 2020 appraisal of these properties separately was $2,750,000.