Masonry Office Condominium
130 Park Avenue South Saint Cloud, MN 56301
For Sale
Contact for pricing
Main-level office condominium offers reception, open workspace, private offices, and a conference room with front and rear entrances.
Property Size2,011 SF
Lot Size0.78 Acres
Price / SF$174.04
Days on Market173
Property Features for 130 Park Avenue South
General Information
Standard status
Active
Size
2,011 SF
Lot size
0.78 Acres
Property subtype
Office
Building Details
Year Built
1983
Listing Agency:
SVN | GC Real Estate
(320) 493-1723
Listed By:
Maria Berdan · License #40547813
Source:
Crexi
Added: Feb 7
Changed: Jul 23
Last Checked: Jul 29 at 3:47PM
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.
Well-maintained masonry office building constructed in 1983 with an available main-level office condominium. The space includes a reception area, open work space, spacious private offices, and a conference room, supported by ample natural light for daytime usability.
The property sits on a 33,976 SF parcel zoned C5 – Highway Commercial. It features both front and rear entrances and approximately 23 on-site parking stalls, with parking available at the front and back of the building.
Positioned between MN Highway 23 and Division Street, the location benefits from strong exposure to two major corridors running parallel through the city. Average daily traffic is approximately 29,388 vehicles on MN Highway 23 and 25,087 vehicles on Division Street (2024). The building also provides quick access to Highway 15, connecting efficiently to Interstate 94 and U.S. Highway 10.
The property sits on a 33,976 SF parcel zoned C5 – Highway Commercial. It features both front and rear entrances and approximately 23 on-site parking stalls, with parking available at the front and back of the building.
Positioned between MN Highway 23 and Division Street, the location benefits from strong exposure to two major corridors running parallel through the city. Average daily traffic is approximately 29,388 vehicles on MN Highway 23 and 25,087 vehicles on Division Street (2024). The building also provides quick access to Highway 15, connecting efficiently to Interstate 94 and U.S. Highway 10.
Key Highlights
- 1983 masonry office building on a 33,976 SF C5–Highway Commercial parcel
- Available main‑level office condo includes approx. 2,011 gross SF within a 3,825 SF building
- Suite layout features reception, open work area, spacious private offices, and a conference room with ample natural light
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 | $44.2k | $21.96 |
| − Vacancy | −$12.3k | −$6.13 |
| EGI | $31.8k | $15.83 |
| − OpEx | −$8.0k | −$3.96 |
| NOI | $23.9k | $11.87 |
2,011 SF · lease $21.96/SF/yr · vacancy 27.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$341.1K
$298.5K – $398.0K
NOI $23,880 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$479.8K
$419.8K – $559.8K
NOI $33,585 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Main-level office condominium offers reception, open workspace, private offices, and a conference room with front and rear entrances.
Where is this office units located?
The property is located at 130 Park Avenue South Saint Cloud, MN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1983 masonry office building on a 33,976 SF C5–Highway Commercial parcel; Available main‑level office condo includes approx. 2,011 gross SF within a 3,825 SF building; Suite layout features reception, open work area, spacious private offices, and a conference room with ample natural light
