Waite Park Office Condos & Additional Development Land
730 1st Street South - Waite Park
Full Development Starting at $899,000
Individual Condo Suites Available For Sale : $79/sf
(Square footage starting at 1,485 SF)
Professional office condos and land available in Waite Park, MN. Existing building includes four office condos for sale consisting of a total of 6,850 SF and 35,046 SF of future developmental land. Located next to the future 90+ unit Residence Inn, the 90+ unit Hilton Garden Inn and 27,000 square foot conference center. Property is situated between Division street and 2nd street. Current tenants in this development include Imagine Chiropractic and Healthstar Home Health. Plans for undeveloped land includes two potential buildings consisting of 6,974 SF total.
Unit 2, 3, 4A and 4B would hold an estimated 8% CAP value of $1,000,000 with base rents around $12/SF NNN.