122 12th Avenue North, Saint Cloud, MN 56303
Two-story office building in downtown St. Cloud for sale.
- Added:
- Nov 21, 2025
- Days on Market:
- 218
- Last Refresh:
- May 8 at 9:09 pm
Property Features for 122 12th Avenue North
General Information
- Standard status
- Active
- Size
- 17,624 SF
- Property subtype
- Office
Listing office SVN GC Real Estate (320) 420-6485
Listing date Nov 21, 2025
Source Svn
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HighLights
- Desirable downtown St. Cloud location with excellent access to amenities, government offices, and major thoroughfares.
- Well‑maintained 17,624 +\/- SF two‑story professional office building with modern interior finishes.
- Ample on‑site parking with 55 surface stalls, plus access to on‑street and ramp parking.
- Currently 53%+\/- occupied with a long‑term tenant, First American Title.
- Located near US Bank, US Post Office, St. Cloud Police Department, Stearns County Courthouse, and MidCountry Bank.
- Building renovations occurred in 2007 and 2018.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $387.0k | $21.96 |
| − Vacancy | −$108.0k | −$6.13 |
| EGI | $279.0k | $15.83 |
| − OpEx | −$69.8k | −$3.96 |
| NOI | $209.3k | $11.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Cloud
- County
- Sherburne
- State
- Minnesota
- Longitude
- -94.1674
- Latitude
- 45.5593