SOLD | Retail/Warehouse Building for Sale

Here is a well maintained building which is divided into three suites.  All three suites have an overhead door, individual heating and air conditioning units and all are separately metered.  The building is available for purchase to occupy or continue leasing.    Great location with high traffic retail exposure adjacent to a high volume Mills Fleet Store.  Motivated seller. 

More details: 

Tenants/Monthly Rent: 

  • St. Cloud Tailor Shop - occupies 2,250 Sq Ft  on a month to month basis at $1,250 per month.
  • Mattress Shop occupies two suites totaling 5,250 Sq Ft at $2,300 per month. Lease expires March 2018.

All rents are gross rents. Tenants pay all utilities including heat and electric.  

Special Features: 
  • Excellent exposure adjacent to high volume retail
  • Easy access to Hwy 75
  • Plenty of parking at the door
  • In excellent condition - new roof in 2015
  • Owner occupy or continue leasing
Address: 
113- 119 24th Avenue South, Waite Park, MN
County: 
Stearns
Parcel #: 
98.60665.0534
Land Area: 
Approx. 27,435 SF. (155’ X 177’)
Zoning: 
B-2 General Business
Size of Building: 
7,500 +/- Sq Ft
Age: 
Built in 1984
# of Units: 
Three | Two suites are 2,250 SF and one is 3,000 SF. All sizes are approximate.
Overhead Doors: 
3 – 10’ X 9’ doors, one for each tenant.
Utilities: 
All city services
Heating System: 
Gas Forced Air (3 new furnaces) and Central Air throughout.
Real Estate Taxes: 
2017 - $12,382
Price: 
Was $395,000 Now $349,000 | SOLD
Terms: 
Cash
Lease Terms: 
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