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Lake View Business Center 1204 7th St S 4,969 SF 100% Leased Office Building Saint Cloud, MN 56301 $495,000 ($99.62/SF)
INVESTMENT HIGHLIGHTS
- Great Location Near City Hall, Lake George, Division Street, and Downtown
EXECUTIVE SUMMARY
CBC Orion Real Estate Advisors is pleased to present the Lake View Business Center for sale. Ideally positioned directly across from St. Cloud City Hall and Lake George—and just a few blocks from Division Street and the downtown core—this property offers excellent visibility and convenience.
This well-maintained building totals 4,969 SF on a 0.28-acre parcel and is currently configured as a multi-tenant office property. Features include front and rear entrances, a welcoming reception/waiting area, two restrooms, on-site employee and customer parking, a newer furnace, and more.
Approximately 2,000 SF is currently available for lease or owner occupancy, with the potential to expand square footage in the future. This is an ideal opportunity for an owner-user seeking their own professional space while benefiting from rental income from existing tenants to help offset operating costs.
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Offering Details
For Sale: $495,000
For Lease: $15/SF Gross
Multiple suites available from 100–1,804 SF
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This well-maintained building totals 4,969 SF on a 0.28-acre parcel and is currently configured as a multi-tenant office property. Features include front and rear entrances, a welcoming reception/waiting area, two restrooms, on-site employee and customer parking, a newer furnace, and more.
Approximately 2,000 SF is currently available for lease or owner occupancy, with the potential to expand square footage in the future. This is an ideal opportunity for an owner-user seeking their own professional space while benefiting from rental income from existing tenants to help offset operating costs.
________________________________________
Offering Details
For Sale: $495,000
For Lease: $15/SF Gross
Multiple suites available from 100–1,804 SF
________________________________________
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,969 SF
Building Class
C
Year Built
1970
Price
$495,000
Price Per SF
$99.62
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,969 SF
Building FAR
0.41
Lot Size
0.28 AC
Zoning
Planned Unit Development
Parking
12 Spaces (2.42 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 82.46668.0005 | Improvements Assessment | $244,000 |
| Land Assessment | $40,000 | Total Assessment | $284,000 |
PROPERTY TAXES
Parcel Number
82.46668.0005
Land Assessment
$40,000
Improvements Assessment
$244,000
Total Assessment
$284,000
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Lake View Business Center | 1204 7th St S
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