522 4Th StStillwater, MN 55082

Property Details for 522 4Th St

Year built

1961

Lot size

0.21 AC

Property size (Sq ft)

2,528 SF

Property type

Office buildings

APN

28-030-20-43-0057

APU

2803020430057

Description

This exceptional 250-square-foot office space is available for lease in a desirable location at the edge of downtown Stillwater, Minnesota. Situated at 522 4th Street South, zip code 55082, this unit is part of a larger building totaling 5,120 square feet. The building, constructed in 1969 and extensively renovated in 2024, offers a blend of modern amenities and classic charm. This particular suite is ideal for a small business or individual professional seeking a well-maintained and conveniently located workspace. The space is categorized as Executive Office, Creative Office, and Traditional Office, offering flexibility for various business needs. While the minimum leasable space is 250 square feet, and the maximum contiguous space is also 250 square feet, currently 250 square feet is vacant and immediately available. Parking is available on the street. The property's central location provides easy access to downtown amenities and excellent visibility. This is a fantastic opportunity to establish a presence in a thriving and attractive community. Don't miss out on this chance to secure a well-appointed office space in the heart of Stillwater.

• CAP approach

  CAP return

  Valuation

  6%

  $464,786

  6.5%

  $429,033

  7%

  $398,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,029

  Geo Method

  $129,029

• Alternative Use

  Use

  Valuation

  Residential

  $532,001

  Hospitality

  $487,310

  Educational

  $405,436

  Medical

  $419,380

  Retail

  $630,679

Location Insight

City

Stillwater

County

Washington

State

Minnesota

Latitude

45.0511

Longitude

-92.8086

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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