$2,100,000

580 41st Avenue N

Saint Cloud MN, 56303

Description

Great investment property with an excellent cash on cash return and a long term tenant that has recently renewed their lease. Conveniently located in St. Cloud, with easy access and visibility to Highway 15, the property consists of two buildings situated on 6.06 acres. The acreage has one 4.09 acre parcel with two buildings and another parcel of 1.97 acres that is currently vacant land. Building one consists of two large warehouses connected by an office/showroom between them. The southern warehouse in the building is 8,500 sq. ft. and was the original superstructure of the Pan Motor Company. The northern warehouse is 7,140 sq. ft. and the office showroom between them is 7,600 sq. ft. The total building size for this building is 16,894 sq. ft. Building Two, located to the south of building one is a freestanding 2,600 sq. ft. warehouse.

Details

MLS#5565961
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1992
Days On Site207

Features

Market Activity 56303

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Area Information
StateMN
CountyStearns
CitySaint Cloud
Zip Code56303
Listing VS Median (in 56303)
Price:
$2,100,000
low | high
Med:
$159,950
100% of Average
On Site:
207
low | high
Med:
126.500000
100% of Average
Listing Updated: October 1, 2020 1:32:38 PM PDT
Peter Matanich LogoMLS Number: 5565961
Listing Provided By:
Peter Matanich  of  Premier Real Estate Services

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