3601 18 StSt. Cloud, MN 56301
- Commercial real estate
- 33,080 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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