Masonry Office Condominium
For Sale
Contact for pricing
130 Park Avenue South, Saint Cloud, MN 56301
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 Market265
Property Features for 130 Park Avenue South
General Information
Standard status
Active
Size
2,011 SF
Class
C
Total Parking Spaces
23
Lot size
0.78 Acres
Property subtype
Office
Zoning
C5 - Highway Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1983
Construction
masonry
Listing Agency:
SVN | GC Real Estate
Listed By:
Maria Berdan · License #40547813
(320) 493-1723
Source:
Crexi
Added: Feb 7
Changed: Oct 28
Last Checked: Oct 28 at 5:56AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$23,186
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,720
$463.7K
Cap Rate 7%
$331,229
$331.2K
Cap Rate 9%
$257,622
$257.6K
Market Conditions
NOI Build-Up for 2,011 SF
Gross rent
$32.3K $16.08/SF
− Vacancy
−$1.4K −$0.71/SF
EGI
$30.9K $15.37/SF
− OpEx
−$7.7K −$3.84/SF
NOI
$23.2K $11.53/SF
Area
Stearns County, MN
Vacancy
4.40%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,720
Cap Rate 7%
$331,229
Cap Rate 9%
$257,622
Alternative Uses
Best Use
Office B
$331.2K
$289.8K – $386.4K
NOI $23,186 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$440.3K
$385.3K – $513.7K
NOI $30,822 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
Demographics for 56301, MN
33,786
Population
13,511
Households
2.5
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
76.6 sq mi
ZIP Area
441
Density / Sq Mi
$69,725
Median Household Income
$29,226
Median Earnings
$1,103
Median Rent
$262,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Main-level office condominium offers reception, open workspace, private offices, and a conference room with front and rear entrances.
Where is this office unit 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
