1011 2 StSt. Cloud, MN 56303

  • Commercial real estate
  • 2,664 SF
For Sale
$134,900 View listing

Property Details for 1011 2 St

Year built
1975
Property size (Sq ft)
2,664 SF
Zone code
PUD35
Property type
Commercial real estate
APN
82.51839.0000
APU
82518390000

Description

This 1,785 square foot vacant office condo in St. Cloud, Minnesota, presents a unique investment opportunity. Located at 1011 2nd St N, 56303, this Executive Plaza condo offers exceptional visibility and accessibility. Situated on the corner of 2nd Street North and 10th Avenue North, the property benefits from high traffic counts exceeding 20,000 vehicles daily on 10th Ave N, providing excellent signage opportunities. The condo is conveniently located within close proximity to major thoroughfares including Highway 23/Division Street (.25 mile), Highway 10 (2 miles), Highway 15 (2.5 miles), and Interstate 94 (5 miles). Two Metro Transit access points are less than two blocks away. The building itself features an elevator and common area restrooms, minimizing potential build-out costs. The condo boasts multiple windows and dual access points from the main and side entrances. The existing buildout includes numerous water hookups, adaptable for future use. Ample parking is available in the large on-site lot. This prime location is a five-minute walk from Historic Downtown St. Cloud, offering a vibrant mix of local and national businesses. The property is also near major institutional facilities such as the United States Postal Office and the Stearns County Courthouse, and is in the company of other professional condo owners including legal, medical, and dental practices. The asking price is $134,900, with a price per square foot of $75.57.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $560,621
    Hospitality
    $513,526
    Educational
    $427,248
    Medical
    $441,941
    Retail
    $664,608

Location Insight

City
Saint Cloud
County
Stearns
State
Minnesota
Latitude
45.5606
Longitude
-94.1662
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
$3,384
$33,000
$139,200
$172,200
-
$33,000
$139,200
$172,200

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