Investment Opportunity

730 1st Street S Waite Park, MN 56387

730 1st Street S, Waite Park, MN, 56387
730 1st Street S, Waite Park, MN, 56387 730 1st Street S, Waite Park, MN, 56387 730 1st Street S, Waite Park, MN, 56387 730 1st Street S, Waite Park, MN, 56387 730 1st Street S, Waite Park, MN, 56387
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$850,000
Last Verified:
Aug 15, 2024

Daily Email Blast
0 times


Highlights

  • Convenient access to Division Street & 2nd Street
  • Recently extended leases
  • Professional development

Description

Investment property with professional office condos for sale in Waite Park, MN. Built in 2007, existing building includes three FULLY LEASED office condos consisting of approximately 5,365 square feet. Located next to the 90+ unit Residence Inn, the 90+ unit Hilton Garden Inn, 27,000 square foot conference center and popular Mavericks Steaks & Cocktails Restaurant. Property is situated between Division Street and 2nd Street. Tenants located in the leased out condos include Imagine Chiropractic, Healthstar Home Health, and Bayada Home Health Care. All 3 of these Tenants have been located in the property for 6+ years. Neighboring condo owners include Country Financial and Duray Dental.

Professional office condos in Waite Park, MN.


Year Built: 2007
Building Size: 5365sq ft
Building Class: B
Lot Size: 0.67 acres


Documents

SVN - Brochure (P)

Map of 730 1st Street S, Waite Park, MN, 56387

Presented by:
SVN GC Real Estate

Request additional information
Maria Berdan


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.