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700 Main Avenue
Fargo, ND 58103
Asking Price
$2.29M
Asset Type
Traditional Office Retail
Class
Class B
What's Special
<p>Office Building on Main Avenue in Downtown Fargo. Granite office building originally built in 1958 as a bank. Many offices and open cubicle area with 2 conference rooms, reception area, breakroom and many bathrooms. Ample Parking with outside patio. Building has an elevator shaft in place.</p><p></p>
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NOI
$80,000
Cap Rate
3.50%
DSCR
0.59
Underwater
Cash-on-Cash
-8.13%
Monthly Payment
$11,319.776
Annual Cash Flow
$-55,837.307
