Saint Cloud Portfolio 2 Office Properties Offered at $1,699,000 in Saint Cloud, MN

This unique downtown offering combines existing income with significant longterm value-add potential. The portfolio includes the St. Cloud Business Center, featuring more than 35 office suites, and the adjoining Spaniol Building, which includes a 31-unit apartment building and two street-level commercial spaces. Together, the properties create diversified income while providing multiple opportunities for future ownership, repositioning, and revenue growth. The St. Cloud Business Center presents a rare opportunity for an owner-user, investor, or developer. The elevator-served third floor is substantially vacant, offering the potential for an owner-occupied headquarters, executive office redevelopment, conversion to residential loft-style apartments (subject to applicable approvals), adaptive reuse, or other creative redevelopment concepts. Existing tenants on the lower floors provide in-place income that can help offset occupancy costs while creating opportunities for future leaseup and repositioning. The adjoining Spaniol Building complements the Business Center with established residential income and street-level commercial space, creating a diversified revenue stream while complementing the redevelopment and value-enhancement opportunities of the overall portfolio. Rather than acquiring typical stabilized investment properties, purchasers can acquire diversified, complementary assets offering both existing cash flow and meaningful upside through leasing, repositioning, redevelopment, or owner occupancy. The combination of income in place, redevelopment potential, and a downtown location offers multiple paths for creating long-term value. While the properties are being offered as a combined acquisition, the owners may consider offers on individual properties, provided such offers support a successful disposition of the overall portfolio. Financial information available upon request.