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Past Sales

Past commercial real estate sales in Minnesota by Coldwell Banker Commercial Orion.

OFFICE | RETAIL CONDOS FOR SALE | 8% CAP RATE | SOLD

These are two attractive office/retail condos located on a busy street in north St. Cloud currently fully occupied with hardly a vacancy the last 30 years.  Well built with masonry construction.  Easy access and great visibility with customer parking at the door. Excellent investment opportunity with an 8% cap rate.  

Profitable Beauty Salon | SOLD

This is a well established beauty salon with a long list of repeat clientele.  Excellent opportunity to own and operate your own profitable beauty salon in St. Cloud.  This is a confidential listing.  Financial information available to qualified buyers only. 

SOLD | Commercial/Office Building | Flexible Use

This facility was previously occupied and used as a chiropractic clinic. Currently vacant and available for immediate occupancy.  Building is 2,123 Sq Ft on the main level with a 1,408 Sq Ft basement storage area. Renovated in 2002 including new metal roof, windows with commercial aluminum dual pane low-E glass and new AC. Great location on busy Clearwater Road adjacent to high density residential.  Excellent location for a wide variety of office and commercial uses.

** 2.34 Acre Site Zoned PUD - SOLD **

Excellent location for a wide variety of uses in the growing area of West St. Cloud. Options here are unlimited with large industrial business across the street and high density residential to the north and east. The location is near other large employers as well, making this site suitable for a wide variety of uses; especially apartments and mini storage. The current zoning is PUD, which requires city approval. City services are available.

19 Bed Boarding & Lodging Facility | SOLD

CBC Orion is pleased to offer for sale a 19 Bed Boarding & Lodging Facility with Special Services in Saint Cloud. Business has been in operation at this location since 1976 under the same ownership, and has an excellent reputation in the industry and good standing with city, county and state. Current owner is looking to retire, however will assist new ownership in transition of the business. Excellent opportunity for experienced operator to take over a well-managed stabilized facility. Solid six figure earnings.
 

Fully Leased Professional Office Building |7.5% Cap Rate | SOLD

This is a very attractive professional office building with a high visibility location on Highway 10 South,  just off the exit ramp to Highway 23.  Building is in excellent condition throughout, nicely landscaped, and numerous upgrades.  Main floor consists of a reception area, large custom built conference room with high end AV system, two private offices, open concept seating and custom cubical office furnishings and a private kitchen/breakroom.  There is also a secure server room and ample storage. 

LAKESIDE BAR/GRILL & GORGEOUS 3 BEDROOM LIVING QUARTERS - SOLD

Great opportunity to own and operate your own lakeside bar/restaurant and live on-site in a newly remodeled 3 bedroom, 2 bath living quarters with panoramic lake views and amenities galore! Bar & Grill has full liquor license and off sale license also. Additional income from cabin rentals, rv sites, and dockside gas service. Grand Lake is a beautiful body of water that offers great fishing and water activities.  Bar & Grill has been leased to its current operator for the past five years.  New owner could renew lease or operate the facility himself. 

SOLD| Dairy Queen Brazier Business | Highway 10 Location

CBC Orion is pleased to offer for sale this one owner, high volume Dairy Queen Brazier business in Central MN. Gross revenues have been steadily increasing year over year, with sales of over $1,030,000 reported in 2015. This revenue number represents a 15% increase over 2014. Ideal opportunity for hands on owner/operator to take over a well established business. 

38 Lot Mobile Home Community | SOLD

CBC Orion is pleased to offer for sale Eden Terrace Park, a very well maintained mobile home community consisting of 38 individual spacious lots on approximately 15 acres, with 13 total parcels. Blacktopped roads throughout the park and city water and sewer services.  Lot rent is below market rate and could potentially be raised by future owner if desired. Mostly long term tenants in the park. Long term owner looking to retire. Excellent opportunity for experienced operator to take over an established, well managed park. 
 

SOLD | CORPORATE GROUP HOME FACILITIES

This group home community offers three residential home settings with private rooms for adults of any age and 24 hour on-site staff for personal assistance. All homes are handicap accessible. Resident fees are private pay or with Waiver Funds, including CADI, CAC, Elderly Waiver and Brain Injury. 

One home carries a Comprehensive Home Care license and two have a 245D license. A moratorium was authorized by the MN Legislature in 2009 on 245D licenses. There is no talk in the legislature of removing this moratorium now or any time in the near future. This means that anyone looking to buy this company needs to already have this license.

LAKE FRONT BAR|RESTAURANT & EVENT CENTER

This is a beautiful bar/restaurant facility with many recent interior upgrades and large outdoor patio.  Dining and lounge area overlooks the lake with lots of full length windows.  Very popular venue for large weddings and events and one of the few located on a lake.   Current owner has accepted another job offer that requires extensive travel and is forced to sell. This facility requires an experienced owner/operator to take it to the next level.  

INVESTMENT OPPORTUNITY | 8% CAP | SOLD

This is a unique investment opportunity. The tenant, Stride Academy, is a State funded Charter School which has been operating in Minnesota since 2000.  8% Cap on initial lease term with escalators during the entire 20 Year lease. This is a unique investment opportunity as it is not based upon ups and downs of the economy and other business factors.

SOLD - 8 UNIT APT BLDG WITH ATTACHED 3 BR LUXURY HOME

This is a very attractive 8 unit apartment building with an excellent location at the St. Cloud Country Club, one of the most desirable locations in the St. Cloud area.  Tenants are upscale and mostly professionals from the area.   Building has been extremely well maintained and in like new condition throughout.  Home is attached to apartment complex making management and maintenance easy for an active owner/manager.  Excellent investment opportunity with little or no deferred maintenance.

Eight units made up of six 2 bedroom units approximately 1,175 SF each and two 1 bedroom units approximately 1,065 SF each. Built in 1970. 

4 Acre Commercial Site - SOLD

This is a high traffic, high visibility site just east of St. Cloud.  Property is level and open with very little soil correction needed.  Adjacent to high volume motor sports business and farm implement dealership.  Easy on and off access to major highway.  Great location for any number of businesses requiring a high traffic highway location. 

SOLD - 1.24 Acre Site in Growing Commercial Area

Well located 1.24+/- development site in a growing commercial area of Saint Joseph. Site is adjacent to a number of prominent businesses including; McDonald’s, Coborns, Centracare Health, Central MN Credit Union, and others. Ideal site for freestanding or multi-tenant building, with many usage possibilities including, bank or financial institution, medical clinic, restaurant, or any other office or retail business looking for a high visibility location. Topography is flat and site is build ready.