3601 18 StSt. Cloud, MN 56301

  • Commercial real estate
  • 33,080 SF
For Sale
$4,900,000 View listing

Property Details for 3601 18 St

Year built
2004
Property size (Sq ft)
33,080 SF
Zone code
C5
Property type
Commercial real estate
APN
82.46848.0203
APU
82468480203

Description

This exceptional investment opportunity presents a fully occupied, 33,080-square-foot office and warehouse complex located at 3601 18th St S, St. Cloud, MN 56301. The property, built in 2004 and boasting a C5 zoning designation, comprises seven individual units within a single building, currently operating at 100% occupancy. The property sits on a substantial 120,968-square-foot lot and benefits from a strong tenant base under NNN leases. This Core+ investment offers a stable and attractive income stream, with long-term leases in place. The building's modern design and adaptable space cater to a variety of business operations. Its prime location in St. Cloud, Stearns County, offers convenient access to major transportation routes, including Highways 15 and 23, and easy access to Interstate 94, ensuring high visibility and accessibility. The asking price for this multi-tenant property is $4,900,000. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a thriving Minnesota market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,961,470
    Hospitality
    $6,376,669
    Educational
    $5,305,314
    Medical
    $5,487,772
    Retail
    $8,252,710
3601 18 St, St. Cloud, Minnesota

Location Insight

City
Saint Cloud
County
Stearns
State
Minnesota
Latitude
45.5411
Longitude
-94.2029
CBSA code
41060
CBSA name
ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$71,896
$475,000
$1,913,800
$2,388,800
-
$475,000
$1,913,800
$2,388,800

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