For more information regarding the value of a property, please contact us for a free consultation.
1511 Northway DR Saint Cloud, MN 56303
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
GET MORE INFORMATION
