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15 E Minnesota St - Millstream Lofts 1,800 SF Office Condo Unit Offered at $515,000 in Saint Joseph, MN 56374
INVESTMENT HIGHLIGHTS
- Located in downtown Saint Joseph a “destination” for residents of the Saint Cloud metropolitan area.
EXECUTIVE SUMMARY
Mill Stream Shops is on Minnesota Street and College Avenue the center of town. It has a number of very popular commercial tenants on its 11,000 at street level, Bello Cucina Italian Restaurant, Bad Habit Brewery, Real Estate Office, Psychologist’s Office and a trendy Eye Glass Shop and optometrist. In a recent informal study, approximately 350 people per day visited the Shops and approximately 75% were from outside of the City of Saint Joseph.
PROPERTY FACTS
| Total Building Size | 28,271 SF | Typical Floor Size | 14,136 SF |
| Property Type | Multifamily (Condo) | Year Built | 2008 |
| Property Subtype | Apartment | Lot Size | 0.86 AC |
| Building Class | B | Parking Ratio | 1.73/1,000 SF |
| Floors | 2 |
| Total Building Size | 28,271 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 14,136 SF |
| Year Built | 2008 |
| Lot Size | 0.86 AC |
| Parking Ratio | 1.73/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Patio
1 UNIT AVAILABLE
Unit 104
| Unit Size | 1,800 SF | Condo Use | Office |
| Price | $515,000 | Sale Type | Owner User |
| Price Per SF | $286.11 | Sale Conditions | Lease Option |
| Unit Size | 1,800 SF |
| Price | $515,000 |
| Price Per SF | $286.11 |
| Condo Use | Office |
| Sale Type | Owner User |
| Sale Conditions | Lease Option |
SALE NOTES
Currently the owner’s office, a Realtor and Developer. It has plenty of parking in the rear and plenty of off street parking. There is a beautiful granite walled conference room as you enter and office accommodations both open and private to accommodate up to eight people and small kitchen area.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 569 |
| 2+1 | 11 | - | 877 - 962 |
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15 E Minnesota St - Millstream Lofts
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