1511 Northway Drive, Saint Cloud, MN 56303

Overview

Description

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. An adjacent lot 2030 Stearns Way is also available for expansion needs if desired. This prime building is conveniently located on Northway Drive near the CentraCare/St. Cloud Hospital, Whitney Park, the YMCA and Whitney Senior Center and numerous other medical offices and clinics. This conveniently located building offers two lower-level suites for lease: 1890 SF unfinished storage space or could be renovated for office use and a 2610 SF finished suite turn key for medical use, each for $12.00/SF NNN. $5.00/SF for CAM expenses.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1996
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9250
For Sale or Lease: For Sale
Acres: 1.16
Lot Dimensions: 280x280x65x46x254
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 Foundation: Other 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

Contingency: None
ListPrice: 3200000
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: 56674
Assessment Balance: 0

Building Information

Building Finished SqFt: 16400
Building SqFt: 18500

More Information

Income and Expenses

Annual Gross Income: 195281
Total Annual Expenses: 82326

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

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

Location, Tax and Other Information

Legal Description: LOT 2 BLOCK 1 MARK AND TANNERS NORTHWAY ADDITION
Listing City: Saint Cloud
Map Page: 226
Municipality: Saint Cloud
School District: St. Cloud
School District Phone: 320-253-9333
Zip Plus 4: 1262
Property ID Number: 82483530731
Tax Year: 2026
Tax Amount: 56674
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. An adjacent lot 2030 Stearns Way is also available for expansion needs if desired. This prime building is conveniently located on Northway Drive near the CentraCare/St. Cloud Hospital, Whitney Park, the YMCA and Whitney Senior Center and numerous other medical offices and clinics. This conveniently located building offers two lower-level suites for lease: 1890 SF unfinished storage space or could be renovated for office use and a 2610 SF finished suite turn key for medical use, each for $12.00/SF NNN. $5.00/SF for CAM expenses.
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

Foundation

Other: 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