ORION REAL ESTATE

Main Offices: 630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax

 

FOR SALE OFFICE BUILDING  WITH RENTAL INCOME

ADDRESS:  1529 W. St. Germain Street, (Downtown) St. Cloud, MN
TYPE:  Large classy 2 story wood frame construction on large corner lot. Total of 2,138 sf plus a full basement.
FLOOR PLAN LAYOUT:  Insurance Agency on first floor along with hair salon.  2nd floor has massage salon and 2 small vacant rooms available to rent.
RENTAL INCOME:  Hair salon $500/month, Massage Salon $638/month, 2 small upstairs rooms should rent for $250/month each.  Insurance Agency on first floor is the owner of the building and is currently paying $1200/month.  They will be relocating at the time of sale.
REAL ESTATE TAXES:  $7724.00
ZONING: C-4 Fringe Central Business District
PARKING:  There are 5 off street parking spaces and non metered street parking in front of building.  In addition, there are 5 parking spaces across the street at the Federal Credit Union available without charge until 2015.

ASKING PRICE:  $275,000

COMMENTS:  This is a wonderful older structure that has been remodeled into office and retail space.  Many new updates and improvements including wiring, plumbing, heating, etc.  Central air conditioned.  Solid oak flooring and oak trim throughout building.  Excellent facility for your business with additional rental income.

CALL MIKE SCHMITT TODAY FOR MORE INFORMATION
 (320) 251-1177