Downtown St. Cloud Corner Development Lot

506 West Saint Germain Street St. Cloud, MN 56301

506 West Saint Germain Street, St. Cloud, MN, 56301
506 West Saint Germain Street, St. Cloud, MN, 56301 506 West Saint Germain Street, St. Cloud, MN, 56301 506 West Saint Germain Street, St. Cloud, MN, 56301 506 West Saint Germain Street, St. Cloud, MN, 56301 506 West Saint Germain Street, St. Cloud, MN, 56301 506 West Saint Germain Street, St. Cloud, MN, 56301
FOR SALE FOR LEASE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Oct 05, 2023

Highlights


Description

For sale located on the corner of 5th Avenue South and West St. Germain in historic Downtown St. Cloud, this sought after corner is poised for future development success. The lot is located just two blocks from Division Street which is St. Cloud's most densely traveled road with an average daily traffic count of nearly 32,000 vehicles per day. Nearby major thoroughfare access includes Highway 10 located just 1 mile away, Highway 15 located 2.5 miles away, and Interstate 94 located 5 miles away. Other nearby walkable amenities include a strong mix of established and developing downtown businesses, multiple parking ramps and lots, the River's Edge Convention Center. and the St. Cloud State University campus. A Concept drawing has been completed which shows what the potential of this prime corner could be.

Located on the corner of 5th Avenue South and West St. Germain in historic Downtown St. Cloud, this sought after build-to-suit corner is poised for future development success. The lot is located just two blocks from Division Street which is St. Cloud's most densely traveled road with an average daily traffic count of nearly 32,000 vehicles per day. Nearby major thoroughfare access includes Highway 10 located just 1 mile away, Highway 15 located 2.5 miles away, and Interstate 94 located 5 miles away. Other nearby amenities include a strong mix of established and developing downtown businesses, multiple parking ramps and lots, the River's Edge Convention Center. and the St. Cloud State University campus. A concept drawing has been completed which shows what the potential of this prime corner could be.

Located on the corner of 5th Avenue South and West St. Germain in historic Downtown St. Cloud, this sought after corner is poised for future development success. The lot is located just two blocks from Division Street which is St. Cloud's most densely traveled road with an average daily traffic count of nearly 32,000 vehicles per day. Nearby major thoroughfare access includes Highway 10 located just 1 mile away, Highway 15 located 2.5 miles away, and Interstate 94 located 5 miles away. Other nearby amenities include a strong mix of established and developing downtown businesses, multiple parking ramps and lots, the River's Edge Convention Center. and the St. Cloud State University campus. A concept drawings has been completed which shows what the potential of this prime corner could be.

Lot Size: 0.23 acres


Documents

Lease Brochure
Sale Brochure

Units for Lease

Existing Lot
Space Available: 10000 SF
Lease Type: NNN

Map of 506 West Saint Germain Street, St. Cloud, MN, 56301

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.