a Berkshire Hathaway affiliate

$1,595,000

205 3rd Street NE, Waite Park, MN 56387


205 3rd Street NE Waite Park, MN 56387

For Sale MLS# 5470719

11,474 sq ft Commercial

Data current as of {{getLocalTime('2021-04-11T11:06:05Z')}}

Details

MLS# 5470719

Description for 205 3rd Street NE, Waite Park, MN, 56387


Business owners and investors: run your business and let the lofts make your payment; what an excellent investment opportunity! For sale or lease, Crossroads Lofts and Shops is a new 8-unit apartment building with retail or office space next to Crossroads Shopping Center on a high visibility stop-lighted corner with high traffic count and easy access to Hwy 15 and I-94. For lease: Main floor retail/office space, as small as 860 SF or combine all 4 potential suites into one for a total of 3441 SF. Lease term is $16 per ft NNN. This property features first-generation space to allow you to tailor to your desired needs. The owner will deliver the space in a vanilla shell condition or could work with a tenant on a buildout. For sale: The entire building with 8 loft apartments (6 upper units are 1BR plus a den, fireplace, and a covered balcony and 2 main floor units are 2BRs) with 3441 ft of retail or office space on the street level. The residential units generate $104,160 in annual rent.

Listing Information


Property Type: Commercial, Business Opportunity,Office,Other,Retail/Shopping Center

Status: Active

Lot Size: 0.38 Acres

Square Feet: 11,474 sq ft

Year Built: 2019

Foundation: 5,856 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

New Construction

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 8

Current Use: Residential,Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Stearns

Days On Market: 439

HERS Score:

Construction Status: Completed New Construction

School Information


District: 742 - St. Cloud

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Microwave, Range, Refrigerator, Dryer, Dishwasher, Washer

Flooring:

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate

Other Utilities:

Cooling: Ductless Mini-Split, Central

Heating: Forced Air, Ductless Mini-Split, Electric, Natural Gas

Exterior / Lot Features


Parking Spaces: 24

Parking Description: Paved Lot

Exterior: Cement Board, Brick/Stone

Roof: Pitched, Asphalt Shingles

Lot View:

Lot Dimensions: 132x124

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Driving Directions


From Hwy 15 West on 3rd Street NE across from Crossroads Mall.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel

Owner Pays:

Ownership Type:

Tax/Property ID: 98606660080

Tax Amount: $4,142

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$1,495,000 Original Price
$1,595,000 Current Price
+$100,000 Total Change
Date Price Change
7/8/2020 08:51 AM $1,595,000 +$100,000
1/27/2020 12:47 PM $1,495,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 205 3rd Street NE

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings