215 Broadway North

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215 Broadway North

Fargo, ND 58102
Asking Price
$1.90M
Cap Rate
6.7%
Asset Type
Retail
Class
Class B

What's Special

<p>Block 9 is downtown Fargo’s premier mixed-use building, situated adjacent to Broadway Square - one of the region’s most active community event venues. This offering includes two retail condos fully leased by The Nines and Salt Hill Gallery, providing immediate income in a high-foot-traffic urban corridor. Newer construction, established tenants, and a central downtown location make this a straightforward long-term hold for an investor seeking stabilized retail exposure.</p><p>*Opportunity Zon

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

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