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For Sale

Gasper's Downtown Building

524 7th Street North,
Fargo, ND 58102

Asset Snapshot

Full Service
Retail Subtype
1968
Year Built
2015
Year Renovated
1
Floor Count
0.16 Acres
Land Area

Offering Summary

Investment Overview

Corner building at 7th St N and 6th Ave N on the north edge of downtown Fargo. The 6,016 SF single-story building sits on a 0.161-acre (50' x 140') lot zoned DMU (Downtown Mixed-Use). It has been home to Gasper's School of Dance; a 2015 renovation added a 600 SF entry and drop-off loop addition and remodeled about 1,900 SF, with open studio space, locker and changing rooms, offices and restrooms. Suited to fitness, studio, office, retail or owner-user conversion under DMU's flexible downtown uses.


Investment Highlights

  • Corner building at 7th St N and 6th Ave N on the north edge of downtown Fargo
  • Beautifully renovated building with a thoughtful, architect-designed layout
  • 6,016 SF single-story building
  • Zoned DMU (Downtown Mixed-Use)
  • Open studio space, locker and changing rooms, offices, and restrooms
  • HVAC systems are all in good working order
  • Well managed and consistently maintained by ownership
  • Suited to fitness, studio, office, retail, or owner-user conversion under DMU’s flexible downtown uses

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$875,000
Asking Price

Investment Sales Broker

David Schlossman, CCIM
Horizon Real Estate Group

Market Insights