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Active
Listed
$1,595,000
/mo   Edit
MLS# 5470719
Commercial
Built 2019
0.38 acres
St. Cloud schools
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    Description:   Business owners and investors: run your business and let the 8 lofts or the retail/office space make your payment; what an excellent investment opportunity! For sale or lease, Crossroads Lofts and Shops is a new 8-unit apartment building with retail or office space next to Crossroads Shopping Center on a high visibility stop-lighted corner with high traffic count and easy accessibility to Hwy 15 and I-94. For lease: Main floor retail/office space, as small as 860 SF or combine all 4 potential suites into one for a total of 3441 SF. Lease term is $16 per ft NNN. This property features first-generation space to allow you to tailor to your desired needs. The owner will deliver the space to the tenant in a vanilla shell condition or could work with a tenant on a buildout. For sale: The entire building with 8 loft apartments (6 upper units are 1BR plus a den, fireplace, and a covered balcony and 2 main floor units are 2BRs) with 3441 ft of retail or office space on the street level.
    List Price: $1,595,000
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Business Opportunity
    Year Built: 2019
    City: Waite Park
    County: Stearns
    State: MN
    Zip Code: 56387

    Interior

    Building Fin Sq Ft: 11,474 ft²
    Appliances Included: Microwave, Refrigerator, Range, Dishwasher, Washer, Dryer
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit

    Exterior

    Air Conditioning: Ductless Mini-Split, Central Air
    Heating System: Forced Air, Ductless Mini-Split
    Foundation Size: 5,856 ft²
    Road Frontage: City Street
    Handicap Accessible: None
    Exterior Material: Brick/Stone, Fiber Cement
    Garage Spaces: 0
    Other Parking Spaces: 24
    Roof Details: Asphalt, Pitched

    Lot

    Acres: 0.38
    Lot Description: Corner Lot
    Latitude: 45.55903500
    Longitude: -94.20942600
    Lot Size Dim.: 132x124
    Zoning: Business/Commercial

    Schools

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

    Expenses

    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,142
    Assessment Pending: No
    Taxes w/ Assessments: $4,142

    Unit

    Total Rooms in Unit 1: 6
    Total Rooms in Unit 2: 2
    Total Rooms in Unit 3: 0
    Total Units: 8
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential, Commercial
    Fuel System: Electric, Natural Gas
    Owner Occupied: No
    Sale Includes: Building, Land
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate, Electric Separate
    Utilities: Heating Separate, Electric Separate
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Justin
    Larson
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services 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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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.