23,088 SF/1.2 Acres For Sale - $1,100,000

100 Roosevelt Road St. Cloud 56301

100 Roosevelt Road, St. Cloud, 56301
100 Roosevelt Road, St. Cloud, 56301
FOR SALE
Property Type:
Industrial
Amount:
$1,100,000
Cap Rate:
0.00%
Last Verified:
Jul 26, 2024

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23,088 SF/1.2 Acres For Sale - $1,100,000 Highlights and Features: Building: 23,088 SF Land: 1.2 Acres/52,207 SF Type: Industrial Warehouse/Office Approximately 2,600 sf of office space (1,300 on 2 levels) with private offices, restrooms and kitchenette Approximately 7,680 sf of climate controlled single story multi-purpose space with 10’ ceilings Approximately 14,000 sf of cold storage with vaulted ceilings and mezzanine built in a little over half HVAC: Lennox HVAC system with 180,000 BTU for heating, and a 7.5-ton cooling capacity for the office area. Approximately 50 parking spaces 3 - 9’x12’ and 1 - 12’x12’ Drive in Door Roof: Part rubber, rock and steel Zoning: C5 Highway Commercial District PID: 82.43944.0000 County: Stearns 2023 Tax: $8,600

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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.