300 N.P.
Fargo, ND
Date Acquired: July, 2015
SF: 35,000
Presidio Property owns the multi-tenant office portion of this historic mixed-use building located in Downtown Fargo. Originally constructed in 1923 for a farm equipment manufacturer, the building was renovated in 2004 as an office/residential condominium. Presidio Property acquired the property due to its strong in-place cashflow at below-market rents with further upside achievable by leasing vacant space.