Multi-Tenant Commercial Building | High Traffic Location

CBC Orion is pleased to offer for sale, Dan Tree Court Business Center, consisting of One (1) multi-tenant commercial building in Waite Park, MN. Prime high traffic location near Highway 15 and just across 3rd Street from Crossroads Regional Mall (890,000 SF regional power center). 

Offering consists of One (1) two story multi-tenant office building totaling over 9,000 SF on 17,705 SF site size. Currently there is a mix of tenants occupying space in the building. Building has an elevator that runs between the floors. Upper level of building could be owner occupied, if desired. Dan Tree Court benefits from large elevated digital and pylon signage with good visibility to major thoroughfares of Highway 15 and 3rd Street.

Building was originally constructed in 1978 and expanded in 1988. Mostly office tenants occupying space. The upper level allows for residential use which has been utilized over the years as weekend retreat space for Grubers Quilt Shop.

City of Waite Park is a commercial hub and included in Saint Cloud MSA (MSA of 200,000). 5-mile radius population of over 100,0000. Location is approximately 60 miles northwest of Minneapolis.

Value add/re-development: Property been same family owned and managed for many years. Opportunity to purchase the property at a low price per square foot, add capital for property enhancements, and increase occupancy to boost property performance. 

Special Features: 
  • 9,000+ SF Building Square Footage 
  • Prime Location Across 3rd Street from Crossroads Regional Mall
  • Diverse Blend of Tenants
  • Opportunity for Owner Occupancy
  • Value Add Property with Considerable Upside
Address: 
301 4th Avenue NE, Waite Park, MN
County: 
Stearns
Parcel #: 
98.60689.0000
Land Area: 
17,705 Sq Ft
Zoning: 
Commercial
Price: 
*** Offered for Sale at $595,000.00 ***
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