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Park Professional Center 4 13th Ave N 6,456 SF 100% Leased Office Building Waite Park, MN 56387 $595,000 ($92.16/SF)



Executive Summary
CBC Orion Real Estate Advisors is pleased to present this exceptional office owner-user/investment opportunity in the heart of Waite Park, within the Saint Cloud MSA. Positioned along Division Street—one of the region's busiest commercial corridors—this property offers outstanding visibility, accessibility, and long-term value.
With approximately 25,000 average daily traffic, the building benefits from exceptional exposure and is surrounded by established businesses, retail, restaurants, and civic destinations including Waite Park City Hall, Ultimate Sports Bar & Grill, Speedway, and numerous other national and local businesses.
The approximately 6,456-square-foot office building is situated on two levels and underwent a substantial renovation in 2012. Improvements include a new EIFS stucco exterior, new windows, updated upper-level office finishes, and numerous additional capital improvements that enhance both curb appeal and functionality. Additionally, there was a new roof and new pylon signage installed in 2023.
The property is currently occupied by a diverse mix of professional office tenants, including Home Watch In Home Healthcare, Indy Foundation, Electrolysis and Laser by Robin, and several others. Existing tenants are intentionally on short-term leases, creating exceptional flexibility for a new owner. Investors have the opportunity to renew tenants on longer-term leases and increase occupancy, while owner-users can occupy a portion of the building (or entire bldg.) and benefit from existing rental income to help offset operating expenses and mortgage costs, building equity.
The efficient floor plan features numerous private offices on both levels, making the property well-suited for traditional office users, medical or professional services, or a coworking and executive office concept. Approximately 30 on-site parking spaces, with parking available in the front, side, and rear of the building, provide convenient access for tenants, employees, and visitors.
Located within the Saint Cloud Metropolitan Statistical Area, the property serves a regional market of approximately 200,000. Within a five-mile radius, the population exceeds 105,000 residents with an average household income of approximately $70,000, providing a strong demographic base for professional office users.
Whether you're seeking a value-add investment with leasing upside or an owner-occupied office building that generates supplemental rental income, this property offers an outstanding combination of location, flexibility, visibility, and long-term potential.
*** Offered For Sale: $595,000 ***
Contact Mark Maetzold at CBC Orion Real Estate Advisors for further details on this offering! (320) 420-1432
With approximately 25,000 average daily traffic, the building benefits from exceptional exposure and is surrounded by established businesses, retail, restaurants, and civic destinations including Waite Park City Hall, Ultimate Sports Bar & Grill, Speedway, and numerous other national and local businesses.
The approximately 6,456-square-foot office building is situated on two levels and underwent a substantial renovation in 2012. Improvements include a new EIFS stucco exterior, new windows, updated upper-level office finishes, and numerous additional capital improvements that enhance both curb appeal and functionality. Additionally, there was a new roof and new pylon signage installed in 2023.
The property is currently occupied by a diverse mix of professional office tenants, including Home Watch In Home Healthcare, Indy Foundation, Electrolysis and Laser by Robin, and several others. Existing tenants are intentionally on short-term leases, creating exceptional flexibility for a new owner. Investors have the opportunity to renew tenants on longer-term leases and increase occupancy, while owner-users can occupy a portion of the building (or entire bldg.) and benefit from existing rental income to help offset operating expenses and mortgage costs, building equity.
The efficient floor plan features numerous private offices on both levels, making the property well-suited for traditional office users, medical or professional services, or a coworking and executive office concept. Approximately 30 on-site parking spaces, with parking available in the front, side, and rear of the building, provide convenient access for tenants, employees, and visitors.
Located within the Saint Cloud Metropolitan Statistical Area, the property serves a regional market of approximately 200,000. Within a five-mile radius, the population exceeds 105,000 residents with an average household income of approximately $70,000, providing a strong demographic base for professional office users.
Whether you're seeking a value-add investment with leasing upside or an owner-occupied office building that generates supplemental rental income, this property offers an outstanding combination of location, flexibility, visibility, and long-term potential.
*** Offered For Sale: $595,000 ***
Contact Mark Maetzold at CBC Orion Real Estate Advisors for further details on this offering! (320) 420-1432
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,456 SF
Building Class
C
Year Built/Renovated
1974/2012
Price
$595,000
Price Per SF
$92.16
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,228 SF
Slab To Slab
8’
Building FAR
0.42
Lot Size
0.35 AC
Zoning
Commercial
Parking
20 Spaces (3.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 98613080000 | Improvements Assessment | $325,000 |
| Land Assessment | $209,600 | Total Assessment | $534,600 |
Property Taxes
Parcel Number
98613080000
Land Assessment
$209,600
Improvements Assessment
$325,000
Total Assessment
$534,600
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