Mixed-Use Retail and Loft
For Sale
Contact for pricing
205 3rd St NE, Waite Park, MN 56387
New 8-unit apartment building with street-level retail or office space on a high-visibility corner.
Property Size3,441 SF
Days on Market123
Property Features for 205 3rd St NE
General Information
Standard status
Active
Size
3,441 SF
Property subtype
Mixed Use
Lease Type
NNN
Additional Details
Highway Access
Yes
Multifamily Units
8
Listing Agency:
Agency North Real Estate
(320) 293-6379
Listed By:
Wendy Hendricks · License #40438191
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:46PM
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 Agency North Real Estate
Investment Insights
Based on property information with market context.
Crossroads Lofts and Shops is a new 8-unit apartment building with street-level retail or office space. The residential portion includes 6 upper loft units with 1BR plus den layouts, along with a fireplace and a covered balcony, and 2 main floor 2BR units. The street level provides 4 potential suites that can be leased individually or combined for larger space needs, with first-generation space designed for tenant customization.
The property is positioned next to Crossroads Shopping Center on a high-visibility, stop-lighted corner with access to Hwy 15 and I-94.
For sale, the listing includes the entire building with all 8 loft apartments and approximately 3,441 square feet of street-level retail or office space. For lease, main floor space is available as small as 860 square feet, with the option to combine suites into one larger offering. The owner can deliver space in a vanilla shell condition or work with a tenant on buildout.
The property is positioned next to Crossroads Shopping Center on a high-visibility, stop-lighted corner with access to Hwy 15 and I-94.
For sale, the listing includes the entire building with all 8 loft apartments and approximately 3,441 square feet of street-level retail or office space. For lease, main floor space is available as small as 860 square feet, with the option to combine suites into one larger offering. The owner can deliver space in a vanilla shell condition or work with a tenant on buildout.
Key Highlights
- New 8‑unit apartment building with street‑level retail or office space on a high‑visibility, stop‑lighted corner next to Crossroads Shopping Center
- Residential units: 6 upper loft units are 1BR plus a den with a fireplace and covered balcony; 2 main‑floor units are 2BR
- Annual rent: residential units generate $99,360 in annual rent
Property Analytics
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,337
Businesses Nearby
Explore this area
Business Placement
Demographics for 56387, MN
7,715
Population
3,460
Households
2.2
Avg Household Size
35
Median Age
19%
College-Educated
87%
High-School Grad
8.9 sq mi
ZIP Area
867
Density / Sq Mi
$57,387
Median Household Income
$36,511
Median Earnings
$1,072
Median Rent
$230,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - New 8-unit apartment building with street-level retail or office space on a high-visibility corner.
Where is this mixed-use property located?
The property is located at 205 3rd St NE Waite Park, MN.
What are key features of this property?
This property features: New 8‑unit apartment building with street‑level retail or office space on a high‑visibility, stop‑lighted corner next to Crossroads Shopping Center; Residential units: 6 upper loft units are 1BR plus a den with a fireplace and covered balcony; 2 main‑floor units are 2BR; Annual rent: residential units generate $99,360 in annual rent
