11 Cherry StWaite Park, MN 56387

Property Details for 11 Cherry St

Lot size

0.29 AC

Property type

Specialty properties

Property subtype

Land

Description

This exceptional 0.29-acre commercial lot, located at 11 Cherry Street in Waite Park, Minnesota, presents a unique investment opportunity. Situated directly across from Scheels in the Saint Cloud Mall, this property boasts a highly visible and desirable location with excellent access from Division Street and Waite Avenue North. The property is currently designated as special purpose land and offers significant potential for various commercial ventures. The existing structure, a five-bedroom, two-bathroom rambler with a large fenced yard, could be repurposed for a daycare, rental property, or converted into a multi-family apartment building with some renovations. The asking price for this property is $297,000. This is a rare chance to acquire a strategically located commercial lot in a thriving retail area. The property's proximity to Scheels and the Saint Cloud Mall ensures high foot traffic and visibility, making it an ideal location for a variety of businesses. Furthermore, the availability of adjacent properties provides an opportunity to expand the commercial space and accommodate ample parking, catering to the needs of larger businesses. This property is ready for your vision and offers significant potential for growth and return on investment. The property's address is easily identifiable by a sign located at the corner of Division Street and Cherry Street. The zip code is 56387, and the property is located in Stearns County.

Location Insight

City

Waite Park

County

Stearns

State

Minnesota

Latitude

45.5572

Longitude

-94.2142

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