Saint Cloud, MN 56303,1511 Northway DR
Saint Cloud, MN 56303,1511 Northway DR
Saint Cloud, MN 56303,1511 Northway DR
70
$2,925,000
$2,900,000
0.9%
Est.Price: ?

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33,541 SqFt

1511 Northway DR Saint Cloud, MN 56303

Est. payment /mo
SOLD DATE : 05/01/2023

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Key Details

Sold Price $2,925,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 33,541 sqft

Price per Sqft $87

Subdivision Northway 06

MLS Listing ID 6227914

Sold Date 05/01/23

Year Built 1996

Annual Tax Amount $51,000

Lot Size 0.425 Acres

Acres 0.77

Lot Dimensions 147x245

Property 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. 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.

Location

State MN

County Stearns

Community Northway 06

Zoning Business/Commercial

Direction North on Hwy 15. Right on 12th Street N with turns into Northway Drive. Building on the left.

Interior

Heating Forced Air

Flooring 33541.2

Exterior

Parking Features Paved Lot

Utilities Available Heating Separate

Accessibility Accessible Elevator Installed

Building

Water City Water/Connected

Others

Senior Community No

Tax ID tbd

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Listed by Agency North Real Estate, Inc

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Adam Runde

Adam Runde

Agent | License ID: 10735

+1(701) 799-0084

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