4 13th Ave N
$595,000
4 13th Ave N Waite Park, MN 56387
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About this listing
DESCRIPTION
Prime Division Street Office Building | Investment or Owner-User Opportunity
CBC Orion Commercial 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 6,416-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
