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Active Contingent
$749,900
/mo Edit
Commercial:  Office,Warehouse
Built 1982
3.85 acres
St. Cloud schools
MLS# 6481991
My rating:
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    Property Description

    A nice multi-building property available for purchase or lease. Building 1 is 136x40 and has been used by heating & colling company for the last 42 years. it offers a 1600 sq ft showroom with 4 private offices & reception desk, large conference/training room, 2 bathrooms, kitchen area and 3400 sq ft of shop space. The 2 other buildings are currently leased. Building 2 is 72x40 and offers a nicely finished interior w/full bathroom, office space, floor drains and A/C. Building 3 is 86x44 and divided into 6 units, each unit is fully insulated w/steel interiors, heated and A/C. All Buildings have separate meters for electric & heat. both B2 & B3 are leased and producing good rental income.

    Listing

    Contingency: Inspection
    City: Saint Joseph
    County: Stearns
    State: MN
    Property Style: Office, Warehouse
    Zip Code: 56374

    Interior

    Ceiling Height: 11-15
    Appliances Included:
    • Electric Water Heater
    • Range
    • Refrigerator
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 9
    Garage Door Height: 10
    Garage Door Width: 10
    Other Parking Spaces: 20
    Air Conditioning: Central Air, Ductless Mini-Split
    Foundation Size: 5,040 ft2
    Foundation Dimensions: 40x136
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    Parking Features:
    • Asphalt
    • Floor Drain
    • Gravel
    • Multiple Garages
    • Paved
    Shared Amenities: None
    Unit Amenities:
    • Security Lights
    • Security System
    • Washer/Dryer Hookup
    Road Frontage: City Street
    Exterior Material: Steel Siding
    Roof Details:
    • Age Over 8 Years
    • Metal

    Lot & Land

    Acres: 3.85
    Geolocation: 45.569531, -94.304464
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 200 x 922 x 259 x 755
    Zoning: Business/Commercial

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,600
    Annual Maintenance Expense: $3,600
    Annual Gross Expense: $13,500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: All Utilities, Electricity, Fuel, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $8,686
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,686

    Income

    Annual Gross Income: $44,400

    Rent

    Annual Net Income: $44,400

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Commercial
    • Professional/Office
    • Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Central MN Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.