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Active
$3,588,000
/mo   Edit
Commercial:  Business Opportunity
Built 2006
0.78 acres
St. Cloud schools
MLS# 5740189
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    Description:   Investment opportunity located in St. Cloud's most desirable location. An outlot of the Crossroads Mall on Division Street with traffic counts near 30, 000 VPD, Two National Tenants: ShopKo Optical and Vitamin Shoppe and one vacant suite, great owner occupier location and have the other Tenant pay your mortgage. Two recent land sale within a block of this location sold in the lower $40's PSF. Land alone would sell for $1, 385, 800.
    List Price: $3,588,000
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Business Opportunity
    Year Built: 2006
    City: Saint Cloud
    County: Stearns
    State: MN
    Zip Code: 56301

    Interior

    Building Fin Sq Ft: 7,650 sqft

    Exterior

    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 7,650 sqft
    Road Frontage: City Street
    Handicap Accessible: No Stairs Internal, No Stairs External, Doors 36"+
    Exterior Material: Brick/Stone, Block
    Garage Spaces: 0
    Other Parking Spaces: 53
    Roof Details: Flat

    Lot

    Acres: 0.78
    Latitude: 45.55387199
    Longitude: -94.20831600
    Lot Size Dim.: 125x270
    Dev/Complex Name: Crossroads Add
    Zoning: Business/Commercial

    Schools

    School District: 742
    District Phone: 320-253-9333

    Expenses

    Tenant Expenses: Taxes, Insurance, Water, Electricity, Fuel, Repairs, Janitorial Service, Trash Collection, Snow Removal, Grounds Care, Escalation

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $57,040
    Assessment Pending: No
    Taxes w/ Assessments: $57,040

    Income

    Annual Gross Income: $232,061

    Unit

    Total Units: 3
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Professional/Office, Professional Service, Commercial, Vacant, Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Jeff
    Zajac
    Truestone
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    Truestone Home Mortgage
    NMLS#373627
    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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