50 10th Avenue S, Waite Park

$3,500,000

0 Beds
0 Baths
0 Sqft
4.4 Acres
0 Garages

This high visibility location features two commercial buildings with a combined square footage of approximately 25,300 square feet, plenty of parking and 1.68 acres of prime development land just waiting to be developed. Building #1 consists of a 6 unit office building with a combined square footage of 16,300 sq. ft. Building #2 has two units with a combined square footage of approximately 9,000 sq. ft. Unit #1 in this building has multiple possible uses with an office area in the front of the building and a large arena/warehouse area to the rear. Unit #2 has both lower and upper level private office space with a shared conference room and shared bathroom. Located in the heart of Waite Park, the total site area consists of 4.4 acres, which includes 1.68 acres is prime development land ready to be developed to maximize your ROI. Currently there are only 2 units remaining to be leased in building #1 and 4 offices available in building #2. Cap rate of 8%.

Essential Information
MLS® #5491019
Price$3,500,000
Acres4.40
Year Built1968
TypeCommercial Sale
Sub-TypeOther
StyleOther
StatusActive
Community Information
Address50 10th Avenue S
CityWaite Park
CountyStearns
StateMN
Zip Code56387
Amenities
GaragesPaved,Open
Interior
HeatingForced Air
Exterior
ConstructionStucco
Additional Information
ZoningBusiness/Commercial
Listing OfficePremier Real Estate Services
Listing Details
OfficePremier Real Estate Services
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Listing information last updated on June 2nd, 2020 at 1:27am CDT.

Listing information last updated on June 2nd, 2020 at 2:02am CDT.