Past Sales

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

**SOLD - CLASS A OFFICE BUILDING - SOLID MEDICAL TENANT - 7.5% CAP RATE**

CBC Orion is pleased to offer investors this net leased Class A office building in the St. Cloud, MN market. Building consists of 3,200 square feet brick construction with high quality built-ins and finishes. Excellent location just off Hwy 10 and near the newly built Sauk Rapids Government Center and Post Office. Location is approximately 60 miles northwest of Twin Cities metro. Excellent passive investment opportunity reflecting a 7.5% Cap Rate averaged over the remaining 4 year lease term. Lease also has 6% annual rent increases.

Bank Owned Commercial Property - Newer Construction on 2.7 Acres

Excellent opportunity to purchase this Bank Owned commercial property located on Highway 25 in Foley, close proximity to Highway 23. Location is approximately 15 miles from St. Cloud and roughly 60 miles from Twin-Cities metro. Ideal property for automotive/recreational sales and service, however many other possible uses; including retail store, call center, or other commercial use. Offering consists of two buildings totaling over 10,000 square feet, on 2.73 acres with over 500' of Highway frontage.

4.6 ACRES ZONED MULTIFAMILY - SOLD

Excellent opportunity to develop a well located bank owned 4.6 acre development site, currently zoned R-5 high density residential. This site allows for 60-70+ buildable apartment units (depending on site plan, subject to city approval). Site is located within a recently established single family home development in Sauk Rapids, MN. Close proximity to the newly built Sauk Rapids High School and Sacred Heart church.

9,235 SF COMMERCIAL BUILDING ON HWY 55 IN ANNANDALE

Excellent opportunity to own or lease a commercial building on a 1.3 acre site on Hwy 55 in downtown Annandale. The site has been improved with a near new parking lot and sidewalks. The building has good curb appeal with half log exterior and cultured stone accent.   Liberal zoning and its open layout make this building ideal for a variety of retail or office uses.  This property is available immediately for purchase or lease.

COMMERCIAL BUILDING ON DIVISION STREET

This is a rare opportunity to purchase a high traffic, high visibility Division Street location.  This site has one of the highest traffic counts in the City of St. Cloud.  Surrounding businesses include Buffalo Wild Wings, HOM Furnishings, Pier 1 Imports and Hilton Homewood Suites.  Can be purchased with business and equipment in place to continue current laundromat operation or as a stand alone retail building. Ideal location for restaurant, retail, office or any other business requiring a high visibility, high traffic location. 

Affordable Office Condo - SOLD

Excellent opportunity to own an affordably priced office condo, centrally located in St. Cloud.  Situated just off a main thoroughfare - 33rd Avenue and 3rd Street.  Located near a mix  of high density residential  and commercial, and near Wells Fargo, CrossRoads mall and close proximity to Division Street. Plenty of parking on site. Nice professional office space for a new or expanding business. All building maintenance  and most utilities are taken care of thru the association at reasonable cost.

MULTI-TENANT PROFESSIONAL OFFICE BUILDING | SOLD

Attractive multi-tenant professional office building with 100% occupancy that has been professionally maintained and is in excellent condition.  Easily accessible in the central business district of downtown St. Cloud, just one block from Division Street, near Wells Fargo, Capital One and Perkins restaurant, etc.  Quality construction throughout, and a new roof in 2015.  Building improvements in the amount of $150,000 will be undertaken during the summer of 2017. The combination of two solid tenants and new building improvements make this an excellent investment opportunity.    

SOLD | BRAINERD LAKES AREA RESORT FOR SALE

This is well maintained and updated resort in the high demand Brainerd Lakes area. Ideal small resort or family retreat with 250‘ of lakeshore on two different lakes and access to a third lake. Resort has many repeat customers. All cabins could be used year round and rental rates could easily be increased. This is a confidential listing and more details are available upon receipt of the signed non-disclosure.

PROFITABLE CONVENIENCE STORE - SOLD

This is a well established and very profitable business opportunity.  Building and equipment is in excellent condition throughout.  Both businesses are very well managed and show exceptional profits.  Fast food restaurant and convenience store can be purchased separately if desired.  This is a confidential offering and a Letter of Confidentiality is required to receive financial information and complete details. 

SOLD | TRUCKING BUSINESS | NO OVERNIGHTS

A regional, short-haul courier business based in Central MN specializing in hauling freight for thriving manufacturing companies located along a daily route. Requires no overnights or travel outside of MN. This is an excellent opportunity to acquire a growing and very profitable one person trucking operation.  Seller will assist in every way to ensure the success of the new owner.  As the primary customers of this business are based in the Alexandria area, this would be ideal for someone to operate the business from their home in this area.

42 UNIT MOBILE HOME PARK | FUTURE DEVELOPMENT SITE | SOLD

This is a 42 unit Mobile Home Park with a manufactured home used for office and living quarters. Located on major routes in a growing city in West Central MN just off I-94.  City has a college, hospital, many prominent manufacturing companies, airport, and a large school district. On the McKay Avenue bypass, this is priced well under the estimated market value. Possible future development site.

64 UNIT SELF STORAGE FACILITY - SOLD

This is a well maintained facility with two maintenance-free buildings, asphalt driveway and 24 hour access located just one block from Pokegama Lake.  Raised concrete floors throughout.  Excellent investment opportunity with very little local competition.  Currently absentee owned.  

** Prime Commercial Lot One Acre+/- **

Excellent opportunity to own a prime approximately One Acre lot, just off Interstate 94 and Exit 135 in Melrose, MN.  Average daily traffic visibility on I-94 is 27,000 vehicles per day! Easy access off the Interstate, makes this location ideal location for fast food, food and drink establishment, or any other business seeking a high profile location. Also excellent site for other single or multi tenant office/retail development. Topography is flat and site is build ready. Opportunity for elevated signage (with city approval) on the property to maximize Interstate exposure.

24 Unit Apartment Bldg - SOLD

CBC Orion is pleased to offer for sale Driftwood Plaza Apartments, consisting of Twenty Four (24) units, divided equally into Three (3) - Eight (8) unit buildings, conveniently located near the Sauk River in growing area in West St. Cloud. Location is directly across the street from Westwood Elementary School and adjacent to a large park area. Situated in close proximity to schools, shopping, church, park with splash pad, amateur baseball field, Municipal Athletic Complex, and more. Property is located approximately 60 miles from the Twin Cities.

FORMER CHURCH PROPERTY

This former worship center consists of a fellowship area and large foyer, offices, a large kitchen, a dining area and large classrooms.  This building has many other potential uses or the property could be redeveloped into a wide variety of commercial uses. This is a high traffic location at a stop light intersection with easy access to Highways 10 and 23.