1511 Northway Drive, Saint Cloud, MN 56303
$2,925,000
Property Type:
Commercial
Lot Size (sq. ft.):
33,541
Status:
Closed
Current Price:
$2,925,000
List Date:
6/29/2022
Last Modified:
6/08/2025
Overview
Description
Listing Details MLS# 6227914
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- Yes
- Year Built
- 1996
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Lot Size SqFt
- 33541.2
- Foundation Size
- 9250
- For Sale or Lease
- For Sale
- Acres
- 0.77
- Lot Dimensions
- 147x245
- Assessment Pending
- No
- 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
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
- Allow Auto Valuation
- Yes
- Allow Consumer Comment
- Yes
- Availability
- Available
- Off Market Date
- 2023-05-01
- Closed Date
- 2023-05-01
- Sales Close Price
- 2925000
- Original List Price
- 2900000
- Contingency
- None
- ListPrice
- 2900000
- 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
- 51000
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 16400
- Building SqFt
- 18500
More Information
Lease Details
- Land Leased
- Not Applicable
- Monthly Land Lease Amt
- 0
Miscellaneous Information
- FIPS Code
- 27145
- 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
- MLSID
- RMLS
Location, Tax and Other Information
- Map Page
- 226
- Municipality
- Saint Cloud
- Rental License?
- No
- School District
- St. Cloud
- School District Phone
- 320-253-9333
- Map Coordinate Source
- King's Street Atlas
- Zip Plus 4
- 1262
- Property ID Number
- tbd
- Tax Year
- 2022
- Tax Amount
- 51000
- 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. 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.
- 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
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
Listing Office:
Agency North Real Estate, Inc
Last Updated: June - 08 - 2025
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