1001 1st S St Willmar, MN 56201-3559
This exceptional 4,000 square foot contemporary office building, situated on a 0.36-acre lot at 1001 1st Street S in Willmar, Minnesota, presents a unique investment opportunity. Constructed in 2000, the building boasts three distinct suites, each offering a high-quality, finished build-out. Suite C (South Suite) is currently available for sale with a lease-back option. Suites B (2) and A (1) (North Unit) are also available for sale or lease individually, providing flexibility for various business needs. The building's design allows for easy renovation and customization, enabling businesses to tailor the space to their specific requirements with minimal effort. The property offers the advantage of purchasing only the space needed initially, with the option to acquire the entire building and lease out unused portions until future expansion is required. This presents a cost-effective solution compared to new construction, considering the additional expenses of land acquisition, building permits, landscaping, and parking lot development. The asking price for the entire building is $755,000. This is a prime opportunity to acquire a well-maintained, versatile office space in a desirable location. Individual suite pricing and lease terms are available upon request.
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Anderson Law Office, PLLC Law Firm
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Quist Wealth Management Financial Advisor
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Sheila Kidwell at Homeowners Financial Group USA, LLC Loan Service Bank
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Darrin Shemon at Homeowners Financial Group USA, LLC at Homeowners Financial Group USA, LLC Loan Service Bank
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Hearing & Speech Center Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.