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    643 2Nd St South Waite Park, MN 56387

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    For Lease
    $2,160 /Mo ($2 SF/Yr)

    Retail space sublease in a high-traffic Waite Park location.

    Property size:
    12,009 SF
    Lot size:
    12,009 SF

    Property Features for 643 2Nd St South

    General Information

    Size
    12,009 SF

    Source: Terrie Schramel Agent Terrie Schramel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waite Park Retail Sublease Opportunity

    This retail space is available for sublease through August 31, 2026, with the possibility of negotiating a new lease with the landlord afterward. Currently operating as Seremeta Spiritual Wellness Center, LLC, the space is suitable for various retail or service-based businesses. The layout includes a showroom, one private massage or treatment room, a private restroom, and a storage area. The property is located at the intersection of 6th Avenue South and 2nd Street South in Waite Park, Minnesota, within the Sundial Village shopping center. This area is a commercial hub with a mix of retail and service establishments. Building and pylon signage are available. The location benefits from high traffic and is near Home Depot, Deerwood Bank, Magnify CU, Texas Roadhouse, and Hobby Lobby. Ample free parking is available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waite Park
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.22501
    Latitude
    45.55733

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    FAQs

    What type of property is this?
    Retail space - Retail space sublease in a high-traffic Waite Park location.
    Where is this retail space located?
    The property is located at 643 2Nd St South Waite Park, MN.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location in a lively commercial hub near Home Depot, Texas Roadhouse & Hobby Lobby.; - Sublease available through August 31, 2026, with option to negotiate a new lease.; - Turn-key retail suite, currently operating as Seremeta Spiritual Wellness Center, LLC.
    (320) 290-6535
    Request Owner's contact information
    643 2Nd St South Waite Park, MN 56387
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    Waite Park, MN 56387
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    643 2Nd St South Waite Park, MN 56387
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