730 S 1st St - Office CONDO FOR SALE


Waite Park, MN 56387
$850,000 USD
320-493-1723
730 S 1st St, Waite Park, MN for Sale
$850,000 USD
Office CONDO - FOR SALE
1/4
null | Request Cap Rate

730 S 1st St
Waite Park, MN 56387


HIGHLIGHTS

  • Convenient access to Division Street & 2nd Street
  • Recently extended leases
  • Professional development

OVERVIEW

Investment property with professional office condos for sale in Waite Park, MN. Built in 2007, existing building includes three FULLY LEASED office condos consisting of approximately 5,365 square feet. Located next to the 90+ unit Residence Inn, the 90+ unit Hilton Garden Inn, 27,000 square foot conference center and popular Mavericks Steaks & Cocktails Restaurant. Property is situated between Division Street and 2nd Street. Tenants located in the leased out condos include Imagine Chiropractic, Healthstar Home Health, and Bayada Home Health Care. All 3 of these Tenants have been located in the property for 6+ years. Neighboring condo owners include Country Financial and Duray Dental.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waite Park Office Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

10,455 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

98.60672.8500

ASK ABOUT THIS PROPERTY

Maria BerdanSVN | GC Real EstateMore Info
320-493-1723

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Maria BerdanSVN | GC Real EstateMore Info
320-493-1723

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