32 32nd Ave S - Office FOR SALE


Saint Cloud, MN 56301- West Side
$720,000 USD
320-259-4554
32 32nd Ave S, Saint Cloud, MN for Sale
$720,000 USD
Office - FOR SALE
1/22
null | 8% Cap Rate

32 32nd Ave S
Saint Cloud, MN 56301
West Side


OVERVIEW

Investment opportunity consists of 4,500 square foot professional building and a 1,200 square foot shop situated behind. Centrally located ½ block off Division Street (Hwy23) Several long-term tenants make this a solid investment. Priced at an 8% cap rate! The largest tenant has a lease through January 2035. In 2013 main building went through an extensive remodel inside & out! You will see pride in ownership with updates like; windows, HVAC, new sidewalks, heated front walk, parking lot replacement, stucco, entry doors, and interior updates. One of the units is vacating - Great opportunity for an owner occupant!

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,150 SF

ZONING

C5

APN/PARCEL ID

82.50464.0000

ASK ABOUT THIS PROPERTY

Noel JohnsonPremier Real EstateMore Info
320-259-4554

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Noel JohnsonPremier Real EstateMore Info
320-259-4554

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