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205 3rd Street NE

Waite Park, MN 56387
  • $1,595,000
  • STATUS: Active
  • ON SITE: 675 Days
  • ID#: 5470719
UPDATED: 34 min ago
$1,595,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,474
    SQFT
  • $139
    $/SQFT
Type:
Commercial
Built:
2019
County:

School Ratings & Info

School District:
Listing courtesy of Agency North Real Estate, Inc.

Description

Business owners and investors: run your business and let the lofts make your payment; what an excellent investment opportunity! For sale or lease, Crossroads Lofts and Shops is a new 8-unit apartment building with retail or office space next to Crossroads Shopping Center on a high visibility stop-lighted corner with high traffic count and easy access to Hwy 15 and I-94. For lease: Main floor retail/office space, as small as 860 SF or combine all 4 potential suites into one for a total of 3441 SF. Lease term is $16 per ft NNN. This property features first-generation space to allow you to tailor to your desired needs. The owner will deliver the space in a vanilla shell condition or could work with a tenant on a buildout. For sale: The entire building with 8 loft apartments (6 upper units are 1BR plus a den, fireplace, and a covered balcony and 2 main floor units are 2BRs) with 3441 ft of retail or office space on the street level. The residential units generate $99,360 in annual rent.

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IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-12-03T10:22:08.657.

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205 3rd Street NE Waite Park, MN 56387

  • Price: $1,595,000
  • Status: Active
  • On Site: 675 Days
  • Updated: 34 min ago
  • ID#: 5470719
0
Beds
0
Baths
0
½ Baths
0.38
Acres
11,474
SQFT
$139
$/SQFT
2019
Built
County:
Stearns
School District:
742 - St. Cloud
Property Description
Business owners and investors: run your business and let the lofts make your payment; what an excellent investment opportunity! For sale or lease, Crossroads Lofts and Shops is a new 8-unit apartment building with retail or office space next to Crossroads Shopping Center on a high visibility stop-lighted corner with high traffic count and easy access to Hwy 15 and I-94. For lease: Main floor retail/office space, as small as 860 SF or combine all 4 potential suites into one for a total of 3441 SF. Lease term is $16 per ft NNN. This property features first-generation space to allow you to tailor to your desired needs. The owner will deliver the space in a vanilla shell condition or could work with a tenant on a buildout. For sale: The entire building with 8 loft apartments (6 upper units are 1BR plus a den, fireplace, and a covered balcony and 2 main floor units are 2BRs) with 3441 ft of retail or office space on the street level. The residential units generate $99,360 in annual rent.
Exterior Features

Construction Materials Brick/StoneFiber Cement Foundation Area 5856 Lot Features Corner Lot Lot Size Dimensions 132X124 Parking Features Paved Parking Open 24 Road Frontage Type City Street Roof AsphaltPitched Waterfront YN No

Interior Features

Appliances MicrowaveRefrigeratorRangeDishwasherWasherDryer Cooling Ductless Mini-SplitCentral Air Heating Forced AirDuctless Mini-Split Refrigerator Num One Per Unit Sq Ft Finished Building 11474

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending No Contingency None Current Use ResidentialCommercial Foreclosure Status No Fuel ElectricNatural Gas Inclusions BuildingLand Land Lease Amount 0 Lease Amount Type Square Foot Lease Type Triple Net Lender Owned No Postal City Waite Park Potential Short Sale No Property Sub Type Business Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 23280 Tax With Assessments 23280.00 Tax Year 2021 Tenant Pays ElectricityFuel Unit Type Efficiencies1 Bedroom2 Bedroom3 Bedroom1 Room2 Room3 Room4 Room5 Room6 Room7 Room Utilities Heating SeparateElectric Separate Water Source City Water/Connected Zoning Description Business/Commercial

© 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Agency North Real Estate, Inc. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-12-03T10:22:08.657.

Click here for Digital Millennium Copyright Act
 
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The Pomerleau Team
11671 Fountains Drive, Suite 200
Maple Grove MN, 55369
Listing courtesy of Agency North Real Estate, Inc.