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.
MLS# | 5565961 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1992 |
Days On Site | 210 |
Area Information | |
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State | MN |
County | Stearns |
City | Saint Cloud |
Zip Code | 56303 |
Listing VS Median (in 56303) | |
Price: $2,100,000 low | high Med: $159,900 On Site: 210 low | high Med: 222.500000 Sourced by Back At You |