1511 Northway Drive, Saint Cloud, MN 56303

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Year Built: 1996
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 33541.2
Foundation Size: 9250
For Sale or Lease: For Sale
Acres: 0.77
Lot Dimensions: 147x245
Assessment Pending: No
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: Accessible Elevator Installed CMU Style: Office Construction Status: Previously Owned Current Use: Office Exterior: Stucco Fuel: Natural Gas Heating: Forced Air On Site Utilities: Heating Separate Parking Characteristics: Paved Lot Road Frontage: City Street Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
Availability: Available
Off Market Date: 2023-05-01
Closed Date: 2023-05-01
Sales Close Price: 2925000
Original List Price: 2900000
Contingency: None
ListPrice: 2900000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1511
Street Name: Northway
Street Suffix: Drive
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56303
Complex/Dev/Subdivision: Northway 06

Assessments

Tax With Assessments: 51000
Assessment Balance: 0

Building Information

Building Finished SqFt: 16400
Building SqFt: 18500

More Information

Lease Details

Land Leased: Not Applicable
Monthly Land Lease Amt: 0

Miscellaneous Information

FIPS Code: 27145
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 28
Section#: 3
Township#: 124

Sale Options

Sale Includes: Building

Unit Details

Total Units: Yes

Office/Member Info

Association: SCAAR
MLSID: RMLS

Location, Tax and Other Information

Map Page: 226
Municipality: Saint Cloud
Rental License?: No
School District: St. Cloud
School District Phone: 320-253-9333
Map Coordinate Source: King's Street Atlas
Zip Plus 4: 1262
Property ID Number: tbd
Tax Year: 2022
Tax Amount: 51000
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Here is the investment opportunity you have been waiting for! It is a well maintained professional medical office building with long term, stable tenants in place. It is close to full occupancy, with 2100 additional unfinished sq ft of storage space also available that could be renovated for office use. An additional 1.44 acre adjacent lot is also available for expansion needs if desired. This prime building is conveniently located on Northway Drive near the St. Cloud Hospital, Whitney Park, the YMCA/Aquatic Center and Whitney Senior Center in St Cloud's medical arts area. Current leases offer a 7.5% CAP rate.
Directions: North on Hwy 15. Right on 12th Street N with turns into Northway Drive. Building on the left.

Accessible

Accessible Elevator Installed: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Paved Lot: Yes

Road Frontage

City Street: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

On Site Utilities

Heating Separate: Yes

CMU Style

Office: Yes

Current Use

Office: Yes