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INVESTMENT HIGHLIGHTS
- Excellent Location Near Crossroads Regional Mall and Division Street
- Many Property Updates in Recent Years
- Vast Square Footage Property - Totaling Over 17,298 SF
EXECUTIVE SUMMARY
CBC Orion is pleased to offer this multi-use property for sale in Waite Park. Offering consists of two connected buildings on two parcels totaling approximately 17,298 total square feet. Property is conveniently located on the corner of 3rd Street and 2nd Avenue, within one mile of Crossroads Regional Shopping Mall, and only four blocks from Division Street. Location is approximately 60 miles northwest of Twin Cities metro.
Building #1 consists of over 10,000 SF combination of office and open flex space currently used for sports/fitness training facility. A portion of this building (approx. 30%) is devoted for office/Yoga studio use and client consultation. There are two unisex bathrooms and two separate men’s and women’s locker rooms with showers. This building is currently leased to a cross fit center and yoga studio tenant until August 2026.
Building #2 consists of approximately 7,298 square feet of primarily open flex/warehouse space with one loading dock, and small portion of office space. This building could be utilized by the owner/occupant of the primary building or leased out separately to another user. This building is currently leased to a fundraising business which is on a month-to-month lease.
Many significant property updates and enhancements to the property in recent years. Ideal property for sports/fitness facility, physical therapy/rehab center or could also have many other office or retail related uses. Excellent opportunity to own or lease a vast square footage property with a convenient in-town high traffic/visibility location
***Offered For Sale at $695,000***
Call Scott Schmitt, CCIM today for further information on this offering! (320) 267-4576
Building #1 consists of over 10,000 SF combination of office and open flex space currently used for sports/fitness training facility. A portion of this building (approx. 30%) is devoted for office/Yoga studio use and client consultation. There are two unisex bathrooms and two separate men’s and women’s locker rooms with showers. This building is currently leased to a cross fit center and yoga studio tenant until August 2026.
Building #2 consists of approximately 7,298 square feet of primarily open flex/warehouse space with one loading dock, and small portion of office space. This building could be utilized by the owner/occupant of the primary building or leased out separately to another user. This building is currently leased to a fundraising business which is on a month-to-month lease.
Many significant property updates and enhancements to the property in recent years. Ideal property for sports/fitness facility, physical therapy/rehab center or could also have many other office or retail related uses. Excellent opportunity to own or lease a vast square footage property with a convenient in-town high traffic/visibility location
***Offered For Sale at $695,000***
Call Scott Schmitt, CCIM today for further information on this offering! (320) 267-4576
PROPERTY FACTS
| Price | $695,000 | Lot Size | 0.83 AC |
| Price Per SF | $40.18 | Rentable Building Area | 17,298 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Year Built/Renovated | 1984/2021 | |
| Zoning | B-2 | ||
| Price | $695,000 |
| Price Per SF | $40.18 |
| Sale Type | Investment or Owner User |
| Property Type | |
| Lot Size | 0.83 AC |
| Rentable Building Area | 17,298 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2021 |
| Zoning | B-2 |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Bike Score®
Very Bikeable (75)
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