Showroom and Shop/Warehouse
125 Division St Waite Park, MN 56387
For Sale
Contact for pricing
Built in 2004 with well-lit showroom and shop/warehouse space, plus 51 parking stalls on two parcels.
Property Size5,760 SF
Lot Size1.03 Acres
Price / SF$321.18
Days on Market427
Property Features for 125 Division St
General Information
Standard status
Active
Size
5,760 SF
Lot size
1.03 Acres
Property subtype
RETAIL
Listing Agency:
SVN GC Real Estate
(320) 420-6485
Listed By:
Kate Hanson
(320) 420-6485
Source:
Moodyscre
Added: May 27, 2025
Changed: Jul 25
Last Checked: Jul 26 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN GC Real Estate
Investment Insights
Based on property information with market context.
Built in 2004 and well maintained, this versatile commercial facility includes approximately 3,600 SF of well-lit showroom space and approximately 2,160 SF of shop/warehouse space. The property is configured on two parcels totaling just over one acre (44,866 SF) with large storefront windows and a flexible interior layout suited to a range of business operations.
The site is positioned on Division Street in the St. Cloud market, with approximately 18,229 vehicles passing per day and strong visibility for signage. The property is currently available following the relocation of a family-owned auto dealership to St. Joseph.
On-site parking totals approximately 51 stalls, with the stated potential to expand based on tenant needs. Nearby destinations listed in the remarks include Crossroads Shopping Center, Walgreens, Chick-fil-A, Applebee’s, Olive Garden, Smile Orthodontics, and Urban Style Salon, among other well-known brands.
The site is positioned on Division Street in the St. Cloud market, with approximately 18,229 vehicles passing per day and strong visibility for signage. The property is currently available following the relocation of a family-owned auto dealership to St. Joseph.
On-site parking totals approximately 51 stalls, with the stated potential to expand based on tenant needs. Nearby destinations listed in the remarks include Crossroads Shopping Center, Walgreens, Chick-fil-A, Applebee’s, Olive Garden, Smile Orthodontics, and Urban Style Salon, among other well-known brands.
Key Highlights
- Approximately 18,229 vehicles pass per day on Division Street, with strong visibility and accessibility.
- Built in 2004; well‑lit showroom space of about 3,600 SF plus shop/warehouse space of about 2,160 SF.
- Two parcels totaling just over one acre (44,866 SF) with a flexible layout for multiple commercial uses.
Financial Insights For Retail
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 | $115.4k | $20.04 |
| − Vacancy | −$5.1k | −$0.88 |
| EGI | $110.4k | $19.16 |
| − OpEx | −$33.1k | −$5.75 |
| NOI | $77.2k | $13.41 |
5,760 SF · lease $20.04/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.10M
$965.6K – $1.29M
NOI $77,246 @ 7.0% cap · market cap 4.18%
Second Best
Warehouse
$668.8K
$585.2K – $780.2K
NOI $46,814 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,281 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Walcro — 428 Great Oak Dr #2504, Waite Park, MN 56387
- Multiple Concepts Interiors — 26 1st Ave N, Waite Park, MN 56387
- HOM Furniture — 3701 W Division St #105, St Cloud, MN 56303
Frequently Asked Questions
What type of property is this?
Showroom - Built in 2004 with well-lit showroom and shop/warehouse space, plus 51 parking stalls on two parcels.
Where is this showroom located?
The property is located at 125 Division St Waite Park, MN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Approximately 18,229 vehicles pass per day on Division Street, with strong visibility and accessibility.; Built in 2004; well‑lit showroom space of about 3,600 SF plus shop/warehouse space of about 2,160 SF.; Two parcels totaling just over one acre (44,866 SF) with a flexible layout for multiple commercial uses.
