1511 Northway Dr - Medical FOR SALE


Saint Cloud, MN 56303
$2,775,000 USD
320-293-6379
1511 Northway Dr, Saint Cloud, MN for Sale
$2,775,000 USD
Medical - FOR SALE
1/84
null | Request Cap Rate

1511 Northway Dr
Saint Cloud, MN 56303


HIGHLIGHTS

  • Excellent location
  • Well maintained building
  • Private Parking lot

OVERVIEW

Here is the investment opportunity you have been waiting for! It is a well maintained professional medical office building with long term, stable tenants in place. An adjacent lot 2030 Stearns Way is also available for expansion needs if desired. This prime building is conveniently located on Northway Drive near the CentraCare/St. Cloud Hospital, Whitney Park, the YMCA and Whitney Senior Center and numerous other medical offices and clinics. This conveniently located building offers two lower-level suites for lease: 1890 SF unfinished storage space or could be renovated for office use and a 2610 SF finished suite turn key for medical use, each for $12.00/SF NNN. $5.00/SF for CAM expenses.

FOR SALE DETAILS

PRICE

$2,775,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1511 Northway Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Commercial

APN/PARCEL ID

82483530731

ASK ABOUT THIS PROPERTY

Wendy HendricksAgency NorthMore Info
320-293-6379

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Wendy HendricksAgency NorthMore Info
320-293-6379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.