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Give us a call at 251-2200 for a complete list of all RE/MAX Commercial listings.
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|  | 0 | Little Falls MN Retail District
Location: Little Falls
Description: Visibility and accessibility to U.S. Hwy 10/MN Hwy 27
2009 MN D.O.T. Traffic Count: U.S. Hwy 10: 14,000 MN Hwy 27: 13,800 Lots 8, 9, 10, 11 and 12, Block One, LeMieur Addition adds up to approximately 275,000 square feet JOBZ benefits, including exemptions from Minnesota income, sales, and capital gain taxes are available for these property parcels. Little Falls is the county seat for Morrison County, and as such, has a tertiary retail draw from surrounding communities of approximately 30,000.
The city has its own Hospital and Airport facilities, as well as major tourist and recreational attractions. $1.90 per square foot, assessments paid |  | |
|  | 0 | Northgate Apartments
Location: Lindstrom, MN
Description: Northgate Apartments consists of two adjacent apartment 11-units buildings. The properties have been kept in good repair, and the owner has recently done considerable remodeling. In 2005, new carpet, stoves, refrigerators, air-conditioning, and double thermal pain windows were installed in all of the units.
The properties were built in the 1970s and are of sturdy brick construction. All of the rental units have been mostly occupied recently, with an occasional vacancies that occur when rental tenants move. The East building had a new roof placed on it in 2001, and the roof was replaced on the West building in June 2007.
There are 16 2-BR, 1 ½ bath apartments, and rent for $695 per month. The six 1 BR units rent for $595 per month. There are a total of seven detached single car garage units. |  | |
|  | 0 | Cedar Point Business Center
Location: Princeton, MN
Description: Size: 7,500 square feet. Lot area: 2.45 acres. R.E. Tax: $13,614
Steel Frame Construction, built in 2005.
Roof: Standing Seam. Four Separately Metered Electric Services.
Net Operating Income: $48,750 Pro Forma NOI: $52,125
This building is suitable for an Investor, as well as an owner/occupant. ABRA Auto & Glass and the Veterinary Clinic have longer-term leases and have finished interiors space. The clinic has invested over $270,000 in its own improvements, and along with ABRA is a very strong tenant. The rear 3,000 square foot bay has an unfinished interior, and is under a short-term lease, and could be occupied by a new owner. The vacant 750 SF bay abuts the Vet Clinic, and it is expected that it will accommodate their future expansion, but also has separate overhead and service doors. PRICE: $450,000.00 |  | |
|  | 0 | Prairie Senior Cottages
Location: Princeton, MN
Description: Prairie Senior Cottages has provided Investors with outstanding returns since its inception in 1998, with a 100% return of invested capital within 3 to 4 years, plus ongoing dividend and equity participation thereafter. A testimony to the success of these units is the sizeable waiting list that each facility now has. Several years ago, it was discovered that Memory Loss residents do not integrate well into traditional Nursing Homes. But, when a building is dedicated specifically to their needs, a much more harmonious living environment is the result. The architecture caters to their specific needs. Rooms are clustered into “neighborhoods” that circle the common areas. Each neighborhood has a bold, color-enriched theme, such as Minnesota Lakes, or Rural Agricultural, to help residents remember where their room is. A 25% Membership Interest is offered in the Prairie Senior Cottages of Princeton. Since the SBA requires that owners with an interest greater than a 19% must provide a personal guarantee, an initial 19% interest is offered, with options that are exercised at $1 during subsequent years, to elevate that interest to 25%. Institutional investors who may nevertheless wish to exceed this percentage may do so, up to a 50% interest. In that instance, operational control with remain vested with the Chief Manager, so as to provide it with the reassurance that the facility with continue to be operated with the high standards to which it is accustomed. INVESTMENT UNIT ASKING PRICE: $297,000
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|  | | 390 Acre Productive Farm Land
Location: County Road 5 & County Road 9, Granite Ledge Township, MN 56357
Description: This 390 Acre Farm has approximately 320 tillable acres. The 70-acre balance consists of wetland and transitional wetlands that are inhabited by numerous wildlife species. The soil characteristic is primarily that of a sandy clay loam. Average crop yields in this vicinity of eastern Benton County have been 105 bushels per acre of corn, and 33 bushels per acre of soybeans. Historic high and low corn yields per acre have ranged from 67 to 140 bushels. The property is situated at the corner intersection of Benton C.R. 9 and C. R. 5. Its superior ease of access lends itself very favorably to potential 10-acre residential sub-developments. Furthermore, it is located just a mile and a half north of MN Hwy. 23, which connects to the nearby cities of Foley, the county seat, and St. Cloud, which is a major regional attraction.
A subdivided portion of the whole acreage may be purchased at a negotiated price. The tillable portion of the land may also be purchased separately, at a negotiated price.
Since 1969, farmland has provided average annual total returns in excess of 10 percent.** Returns typically consist of current income from yearly crop sales or lease payments, plus land appreciation.
**Source: Ibbotson Associates Farm Real Estate Index (1969-1990), NCREIF Farmland Index (1991-onward). Past performance is not a guarantee of future results. Potential for profit as well as loss exists. |  | |
|  | | Elk Park Center
Location: 19146 Freeport Street SW, Elk River, MN
Description: Available: Up to 35,000 square feet in Elk Park Center a 325,000 square foot, 40-acre community power center anchored by Cub Foods, in Elk River, Minnesota. The leased space will be carved-out from the 90,000 SF Furniture Liquidation Store
5-Mile Population: 30,000. Estimated median household income in 2007: $68,512 Elk River: $68,512 Minnesota: $55,802
2008 cost of living index in Elk River: 83.3 (less than average, U.S. average is 100)
Net Leasehold Rate: Low to mid single digits, negotiable, based upon length of tenancy, credit quality, and on the size of the demised leasehold space. |  | |
|  | | 30,000 SF Warehouse Building
Location: 7402 Ridgewood Road, St. Cloud, MN 56301
Description: Well-constructed facility, built in 2003.
20-foot sidewalls permit double stacking.
3 loading docks with levelers, and 14-foot drive-in door that permits inside loading.
Recent 12-month operating expenses: $4,110 electric, $4,534 heat.
200 amp single-phase electric. Office, approx. 400 sq. ft.
Ceiling mounted radiant heat throughout the building.
A unique feature of this warehouse in the availability of professional trucking services at the site. For a nominal additional fee, loading, unloading, forklifting, and local/regional trucking services are available.
Lease Rate: $5.00 psf Gross, Plus Operating Expenses |  | |
|  | | Former Ciatti's/Hallmark Space
Location: 660 W. St. Germain Street, St. Cloud, MN 56303
Description: 6,724 Sq. Ft. End Cap (former Ciatti’s Restaurant site) - $17.50 psf, net
2,392 Sq. Ft. (former Hallmark Gifts) - $16.50 psf, net
Located at the heart of St. Cloud’s vibrant retail district.
Anchored by Herberger’s Dept. Store, featuring brand-name apparel, cosmetics, accessories, and home furnishings.
High Traffic Counts (31,000 ADT on nearby Division Street)
Well-Maintained Quality Construction
Population: 45,000 (two miles) 80,000 (four miles) 100,000 (six miles)
Walking distance to the St. Cloud State University Campus |  | |
|  | | 26,000 SF Shopping Center
Location: Central Minnesota
Description: Located along major U.S. Highway
26,000 sq. ft. - 100% Leased
Good tenant mix, including credit tenants and S&P 500 A Rated tenant
8.5 % Cap Rate
* Confidentiality agreement required for financial and lease details*
SALE PRICE: $1,950,000 |  | |
|  | | 14,000 SF Warehouse Building
Location: 7402 Ridgewood Road, St. Cloud, MN 56301
Description: Cold storage facility, built in 1989.
20’ sidewalls permit double stacking.
4 loading docks, one with levelers, and 14’ drive-in door that permits inside loading.
User’s own inside racking permitted.
200 amp single-phase electric.
Yard area would permit user to spot 4-5 trailers
A unique feature of this warehouse in the availability of professional trucking services at the site. For a nominal additional fee, loading, unloading, forklifting, and local/regional trucking services are available.
Lease Rate: $3.25 PSF Gross, Plus Operating Expenses |  | |
|  | | Commercial Development Land - I-94 Exit Frontage
Location: County Road 75 and I-94, St. Cloud, MN 56301
Description: Visibility is the key to success in retail development sites, and this unique parcel provides 1,320 feet of frontage along the primary exit quadrant to St. Cloud from Hwy. I-94. Its unusual configuration, with its commanding amount of frontage, assures that this parcel will be key to future retail development. The prospects for this development will be enhanced by future roadway improvements that are designed to provide a through street to the New Flyer exit quadrant. The traffic counts at this site are approximately 60,000 vehicles on Hwy. I-94, and 15,000 on C.R. 75. Utilities are stubbed in to the corner of the property site.
SALE PRICE: $7.00 PER SQUARE FOOT |  | |
|  | | 38 Acre Industrial Site
Location: Highway 10 and 105th St. NW, Rice, MN 56367
Description: These 38 acres are located just south of the intersection of U.S. Hwy. 10 and C.R. 55 (or, 105 Street, N.W). Situated just six miles north of St. Cloud, this site offers exceptional convenience to this strategic metropolitan hub city.
Roadway access is provided to both the north and south boundaries of the tract. The northerly road currently functions as a private road, but to which an easement is available. The southerly road is maintained as a Township road. The topography is level, and the sandy soils provide excellent footing for any development. The property is currently zoned agricultural, and will qualify for rezoning into a general business zoning that encompasses a wide variety of uses.
The asking price for the entire tract is $550,000. Separate portions thereof are negotiable. |  | |
|  | | 33 Acre Industrial Site
Location: Highway 10 and 15th Street NW, Rice, MN 56367
Description: With 1,320 frontage feet on U.S. Hwy 10, this 33 acre industrial site has prominent visibility, and good access to hub city of St. Cloud located just ten miles south. Access to this site will be through an extension to the existing roadway that currently serves the adjacent industrial park. City water and sewer lines are also connected into the adjacent industrial park, and the existing stub to it is situated near the edge of this property.
Sale Price: $575,000 |  | |
|  | | West Point Shopping Center
Location: Highway 15 and Division Street, St. Cloud, MN 56303
Description: West Point Shopping Center was built in 2003, and is situated immediately east of Crossroads Center Regional Mall. Its location at the Northeast corner of MN Hwy. 15 and West Division Street provides superior visibility at one of St. Cloud’s Prime Retail Corners, and exposure to a Traffic Count of over 62, 000 vehicles per day. Tenants include: Pier 1 Imports, Buffalo Wild Wings, Verizon Wireless, Austad’s Golf, Panchero’s Mexican, Mongo’s Grill, plus an exciting new 43,000 sq. ft. tenant that will soon be announced. The Shopping Center is 83,562 square feet in size, and it is situated on 7.8 acres of land. Current operating results are available to prospective buyers with a signed Letter of Confidentiality. |  | |
|  | | 32 Acres
Location: 40th Avenue NE and Highway 23, St. Cloud, MN 56304
Description: Situated at the intersection of 40th Avenue N.E. and Hwy. 23, this parcel provides convenient access to the central business district of St. Cloud. The property is currently zoned AG, with a blend of commercial and industrial uses anticipated on the city’s master plan.
With approximately 1,000 feet of frontage on Hwy. 23, this site has exposure to the following traffic count: West-bound Hwy: 23: 15,000 East-bound Hwy. 23: 12,500. Source: MNDot 2002 survey.
SALE PRICE $650,000 |  | |
|  | | Stone Creek Estates
Location: Foley, MN
Description: These 23 platted residential lots are fully improved with city sewer and water, curb and gutter, and bituminous pavement. All improvements are paid for in full.
Stone Creek Estates enjoys a lovely and scenic setting, overlooking the Stone Creek Golf Course. In addition, the entire length of its westerly boundary overlooks a dedicated wetland.
The city of Foley is currently connected to the city of St. Cloud via a two-lane highway, MN Hwy. 23. When this corridor is expanded to four lanes in 2010-2011, it will open new horizons for the city of Foley, making it one of the most conveniently accessed bedroom communities to the city of St. Cloud.
Beginning in 2009, a new 140,000-square-foot maintenance and repair facility at the nearby St. Cloud Airport will provide 35 full-time military positions and 300 part-time military jobs. Conveniently located just nine miles to the west of this site, this new facility will provide significant opportunities for new residential construction.
Local residential contractors have recently expressed an interest in purchasing individual lots. With the entire 23-lot Addition priced at only $29,000 per lot, there is an opportunity to enjoy an excellent return on investment. |  | |
|  | | Rice General Business Lots
Location: Highway 10, Rice, MN 56367
Description: Visibility and Accessibility to US Hwy 10
Financing Incentives Available / Depending on type of business
City Water and Sewer
B-2 Zoning—General Business District / Permits a wide variety of uses
Up to 14.8 contiguous acres can be assembled, individual lots vary between 2.7 - 2.8 acres
*Individual lot prices vary. Call agent for pricing* |  | |
|  | | Rice Commercial Lots
Location: Highway 10, Rice, MN 56367
Description: Visibility and Accessibility to US Hwy 10
Financing Incentives Available / Depending on type of business
City Water and Sewer
B-2 Zoning—General Business District / Permits a wide variety of uses
Up to 5 contiguous acres can be assembled
*Individual lot prices vary. Call agent for pricing* |  | |
|  | | Commercial Development Land - Rockville
Location: Highway 23 and County Road 8, Rockville, MN 56369
Description: This 10-acre corner pad site provides supreme visibility and accessibility to MN Hwy. 23. It is located at the intersection of Stearns County Road 8, in the city of Rockville, and has city water and sewer services stubbed into the site. Hwy. I-94 is located just 3 ½ miles to the east, and the city of St. Cloud is 12 miles east. The MN DOT traffic counts are: Hwy. 23: 15,400, & C.R. 8: 1,000. Approximate linear dimension are: 1,326 frontage feet on Hwy. 23, and 325 frontage feet on C. R. 8.
Minnesota Hwy. 23 was re-routed to south of the city three years ago. Previously, there were two C-stores that operated in the "old Hwy. 23” downtown corridor in the city of Rockville, and they both did a fabulous business. One of these has since shut down, and the other specializes in bait and tackle. The most successful of these stores purportedly had a gross volume of $2.4 million.
The property does have tremendous potential. It is the first right-hand corner pad available to tourist traffic after they exit from Hwy. I-94, which is approx. 3 miles east of this site. This summer tourist traffic is en route to Grand Lake (about a mile south of this site) and to the much larger Chain-of-Lakes resort area in nearby Richmond.
These ten acres offer prime commercial development potential. The site is composed of two adjacent parcels, each of which are approximately 5 acres in size. The current zoning is AG and RES. The asking prices for the two respective parcels are $3.30. psf, and $2.75 psf. |  | |
|  | | I-94 Corner Pad Site
Location: I-94 and County Road 11, Freeport, MN 56331
Description: This 1.71-acre site provides prime visibility and access to Hwy. I-94. The 2006 MnDot traffic count for this site: Hwy. I-94, E of CR 11: 30,925, and westerly: 25,800. To the extreme depth of the parcel, 12,989 square feet have been delineated as wetland; however, wetland-banking credits are available at a nominal price. City water & sewer are included, and assessments are paid.
The city of Freeport is considered to be the gateway to Big Birch Lake and the North Central Lakes tourist area. The Sinclair Lewis Boyhood Home and Interpretive Center, in the nearby city of Sauk Center, is also a major tourist destination.
Nearby Lodging Facilities: Country Inn & Suites, Albany, Super 8 Motel, Melrose, Gopher Prairie Motel, Palmer House Hotel, Super 8 Motel, and AmercInn, Sauk Center.
Nearby Convenience Stores Smiley Gas, First Stop Convenience, and Corner Store, all in downtown Freeport.
Sale Price: $275,000 |  | |
|  | | 26 Apartments and Development Land
Location: Mora, MN
Description: MEADOWBROOK APARTMENTS- MORA, MN 107 & 111 North 7th Street (16 units total)
These units have new stoves, refrigerators and air conditioners over the last 30 months. Most of the units have new carpeting.
Development Land- 12 city lots are part of this property and could accommodate 24 or more additional apartment units or perhaps 12 to 16 town homes. The existing building would make a suitable condo conversion as the units are comfortably sized, and the building is in generally good shape.
MORA, MN Apartments: 3 unit townhouse- 144, 146 & 150 Ford 7 unit house- 615 Watkins
Most of the units have new stoves and refrigerators., and new carpeting. A new bituminous surface over all parking lot areas was installed in 2005, and the garage units received new doors. Also in 2005 all new vinyl windows were installed, and most exterior doors were replaced.
The Townhouse units pay all their own utilities except sewer, water and garbage. In the 7-plex, 3 units pay their own heat and electricity.
SALE PRICE: $1.2 MILLION |  | |
|  | | Stearns Way Office Condominium - Sale
Location: 2025 Stearns Way, St. Cloud, MN 56303
Description: Available for lease or sale, these 3,156 SF & 2,340 SF office condominiums are located in an attractive Office Park setting. The St. Cloud Hospital is located just one mile east. Each of the four condo owners have an equal access to the building’s 62 paved parking stalls, to the 967 SF conference room, and to the men’s and women’s bathrooms. 400 amp, 3-phase electric service is provided, plus an interior private bath.
Expansion possibilities exist for the 2,340 square foot suite, into that suite’s adjacent 1,096 SF outdoor patio space. The current owner had secured permission for such an expansion, but was put aside, in favor of a larger expansion elsewhere.
3,156 SF Suite Condo Association Dues: $621/ month RE Tax: $9,018
2,340 SF Suite Condo Association Dues: $465/ month RE Tax: $6,500
SALE PRICE: 3,156 SF Suite - $395,000 SALE PRICE: 2,340 SF Suite - $315,000 |  | |
|  | | Stearns Way Office Condominium - Lease
Location: 2025 Stearns Way, St. Cloud, MN 56303
Description: Available for lease or sale, these 3,156 SF & 2,340 SF office condominiums are located in an attractive Office Park setting. The St. Cloud Hospital is located just one mile east. Each of the four condo owners have an equal access to the building’s 62 paved parking stalls, to the 967 SF conference room, and to the men’s and women’s bathrooms. 400 amp, 3-phase electric service is provided, plus an interior private bath.
Expansion possibilities exist for the 2,340 square foot suite, into that suite’s adjacent 1,096 SF outdoor patio space. The current owner had secured permission for such an expansion, but was put aside, in favor of a larger expansion elsewhere.
3,156 SF Suite Condo Association Dues: $621/ month RE Tax: $9,018
2,340 SF Suite Condo Association Dues: $465/ month RE Tax: $6,500
SALE PRICE: 3,156 SF Suite - $425,000 SALE PRICE: 2,340 SF Suite - $315,000 |  | |
|  | | 10 Acres - Highway 10 North
Location: 7 Miles North of St. Cloud, MN On U.S. Highway 10
Description: B-2 Zoning permits a wide variety of uses.
732 feet of frontage on US Hwy. 10
105th Street permits access to both north and south-bound highway traffic.
The grain elevator situated on the northerly edge of the property will become subject to a 20-year leaseback to the seller.
SALES PRICE: $485,000 |  | |
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