1815 UNIVERSITY Drive S, Fargo, ND 58103

$2,400,000
Property Type: Commercial Lot Size (sq. ft.): 72,800 Status: Closed
Current Price: $2,400,000 List Date: 6/29/2023 Last Modified: 8/08/2025

Overview

Description

Great Opportunity to acquire a fully leased commercial building. Located on a highly trafficked thoroughfare. This property sits on over an acre of land. Building is just above 14,000 sq ft. 3 tenants occupy this building. Seller has put in $450,000 in improvements into this property. Roof was replaced about 5 years ago, and the exterior of building has been remodeled. Parking lot has all been redone, bathrooms updated. This area is being highly developed.

Listing Details MLS# 7360770

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Year Built
1957
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Lot Size SqFt
72800
Foundation Size
14280
For Sale or Lease
For Sale
Lot Dimensions
260 280
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Slab CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Business Service Exterior: Stucco Financing Terms: Conventional Fuel: Electric Heating: Forced Air On Site Utilities: Electric Common Parking Characteristics: Parking Lot Possession: At Closing Roof: Flat Sewer: City Sewer/Connected Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office Stories: One Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Exclusions
None
Off Market Date
2024-02-01
Closed Date
2024-04-01
Sales Close Price
2400000
Contingency
None
ListPrice
2700000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1815
Street Name
UNIVERSITY
Street Suffix
Drive
Street Direction Suffix
S
Postal City
Fargo
County
Cass
State
ND
Zip Code
58103
Complex/Dev/Subdivision
Bohnsacks

Assessments

Assessment Balance
113014
Assessment Installment
9662
Tax With Assessments
Yes
Assessments Assumed Buyer
0
Assessments Paid Seller
0

Building Information

Building Finished SqFt
14280
Building SqFt
14280

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Other

Unit Details

Total Units
Yes

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
Lot: 1 Block: 7 BOHNSACKS 2ND LOTS 1 2 3 BLK 7 AND N 49' OF LOT 4 AND N 43' LOT 17 AND LOTS 18 , 19 & 20
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Map Coordinate Source
RETS
Country
US
Property ID Number
01016201160000
Square Footage Source
County Records
Tax Year
2023
Tax Amount
26893
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Great Opportunity to acquire a fully leased commercial building. Located on a highly trafficked thoroughfare. This property sits on over an acre of land. Building is just above 14,000 sq ft. 3 tenants occupy this building. Seller has put in $450,000 in improvements into this property. Roof was replaced about 5 years ago, and the exterior of building has been remodeled. Parking lot has all been redone, bathrooms updated. This area is being highly developed.
Directions
See Google Maps

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Basement

Slab
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Financing Terms

Conventional
Yes

Fuel

Electric
Yes

Heating

Forced Air
Yes

Parking Characteristics

Parking Lot
Yes

Possession

At Closing
Yes

Roof

Flat
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Call Listing Office
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Business Opportunity
Yes

Current Use

Business Service
Yes
Listing Office: Park Co., REALTORS®
IDX
Last Updated: August - 08 - 2025
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