LISTING Commercial Property For Sale

Saint Cloud 56303 - 0.77 Acres

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Property Description

$2,900,000  |  Commercial Sale # 6227914  |  1511 Northway Drive - Saint Cloud, LISTING

HERE IS THE INVESTMENT OPPORTUNITY YOU HAVE BEEN WAITING FOR! IT IS A WELL MAINTAINED PROFESSIONAL MEDICAL OFFICE BUILDING WITH LONG TERM, STABLE TENANTS IN PLACE. IT IS CLOSE TO FULL OCCUPANCY, WITH SOME ADDITIONAL UNFINISHED STORAGE SPACE ALSO AVAILABLE THAT COULD BE RENOVATED FOR OFFICE USE. AN ADDITIONAL 1.44 ACRE ADJACENT LOT IS ALSO AVAILABLE FOR EXPANSION NEEDS IF DESIRED. THIS PRIME BUILDING IS CONVENIENTLY LOCATED ON NORTHWAY DRIVE NEAR THE ST. CLOUD HOSPITAL, WHITNEY PARK, THE YMCA/AQUATIC CENTER AND WHITNEY SENIOR CENTER IN ST CLOUD'S MEDICAL ARTS AREA. CURRENT LEASES OFFER A 7.5% CAP RATE.

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$2,900,000  |  Commercial Sale # 6227914  |  1511 Northway Drive - Saint Cloud, LISTING

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$2,900,000  |  Commercial Sale # 6227914  |  1511 Northway Drive - Saint Cloud, LISTING

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Re: $2,900,000  |  Commercial Sale # 6227914  |  1511 Northway Drive - Saint Cloud, LISTING

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All properties are subject to prior sale, change or withdrawal. 2022.08.10 | 108.163.245.133 | 3.238.252.196
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