Waite Park Office Condos - For Sale

Property Info:

Location:

Address: 730 1st Street South
Town/Suburb/City: Waite Park
State/County/Province: MN
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Details:

Asking Price: $940,000.00
Square Footage: 6,850 - 35,046

Contact:

Agent's Name: Maria Torborg
Phone Number: 320-493-1723
Email Agent


Property Description:

Waite Park Office Condos & Additional Development Land
730 1st Street South - Waite Park
Sale Price: Starting at $940,000

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.

View the informational flyer here!

Contact Maria for more details!