Multi-Tenant Professional Office
For Sale
$720,000
32 32nd Ave S, Saint Cloud, MN 56301
Professional office building plus a rear shop, centrally located about a half block off Division Street.
Property Size5,700 SF
Price / SF$126.32
Days on Market52
Property Features for 32 32nd Ave S
General Information
Standard status
Active
Size
5,700 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
8%
Taxes and HOA fees
Annual Taxes
$5,810
Building Details
Year Renovated
2013
Tenancy
Multi
Listing Agency:
Premier Real Estate Services
(320) 259-4554
Listed By:
Noel M. Johnson · License #20360895
(320) 980-3100
Source:
Exprealty
Added: Jul 15
Changed: Aug 20
Last Checked: Sep 4 at 9:13AM
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 Premier Real Estate Services
Investment Insights
Based on property information with market context.
This for-sale investment opportunity includes a 4,500-square-foot professional office building and a 1,200-square-foot shop situated behind. The property is occupied by multiple long-term tenants.
The building is centrally located about a half block off Division Street (Hwy 23). The main building underwent an extensive remodel in 2013, including upgrades such as window replacements, HVAC updates, new sidewalks and a heated front walk, parking lot replacement, stucco improvements, updated entry doors, and interior updates.
The largest tenant has a lease term through January 2035.
The building is centrally located about a half block off Division Street (Hwy 23). The main building underwent an extensive remodel in 2013, including upgrades such as window replacements, HVAC updates, new sidewalks and a heated front walk, parking lot replacement, stucco improvements, updated entry doors, and interior updates.
The largest tenant has a lease term through January 2035.
Key Highlights
- Investment property with a 4,500 SF professional building plus a 1,200 SF shop behind
- Centrally located about a half block off Division Street (Hwy 23)
- Long‑term tenant base; largest tenant lease runs through January 2035
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,506
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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Professional office building plus a rear shop, centrally located about a half block off Division Street.
Where is this office units located?
The property is located at 32 32nd Ave S Saint Cloud, MN.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Investment property with a 4,500 SF professional building plus a 1,200 SF shop behind; Centrally located about a half block off Division Street (Hwy 23); Long‑term tenant base; largest tenant lease runs through January 2035
