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Historic Retail Space with Elevator
For Sale
$3,390,000

8318 State Highway 23, Saint Cloud, MN 56301

Commercial Sale, Saint Cloud, MN

Property SizeContact for details
Lot Size3.28 Acres
Days on Market204

Property Features for 8318 State Highway 23

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot
Window features Insulated Windows, Triple Pane Windows
Exterior features Cedar, Wood
Accessibility Accessible Elevator Installed
Appliances Range, Refrigerator
Lot features Corner Lot, Tree Coverage - Light
High school district St. Cloud
Directions I-94 to Hwy 23, north to property on corner of Highway 23 and I-94
Standard status Active
APN 98616010177
Lot size 3.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 25870

Utilities

Sewer type Private Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Private

Amenities

elevator
wrap-around patio
gated entrance
high ceilings
natural light
handcrafted woodwork

Building Details

Year built 1910
Building materials Concrete, Frame, Steel
Listing Agency: Premier Real Estate Services
Listed By: Lynne F. Crandall
Added: Feb 3 Changed: Aug 25 Last Checked: Aug 26 at 8:06PM
MLS# 7014772

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property occupies 3.28 acres and includes a historic commercial building originally constructed as a train station before being moved to its present site. The building was remodeled in 2006 and opened in 2008, with high ceilings, substantial natural light, handcrafted wood detailing, an open-concept interior, and an elevator serving the third floor. A wrap-around patio spans the second floor, while the property also includes a gated entrance, parking lot, range, refrigerator, and accessible elevator.

The layout is suited to several uses identified for the property, including retail, restaurant, office, studio, gallery, event space, or a specialty business. Concrete, frame, and steel construction materials are present, with heat-pump heating and cooling. The site includes private water and private sewer service.

Key Highlights

  • 3.28‑acre retail property with a historic commercial building
  • Building dates to 1910; remodeled in 2006 and opened in 2008
  • Parking for 50+ vehicles with a gated entrance

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Plumbing Service Storage Facility Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Remodeled commercial property with open interiors, handcrafted woodwork, patio space, and multiple documented business-use possibilities.
Where is this retail space located?
The property is located at 8318 State Highway 23 Saint Cloud, MN.
What is the asking price?
The asking price for this property is $3,390,000.
What are key features of this property?
This property features: 3.28‑acre retail property with a historic commercial building; Building dates to 1910; remodeled in 2006 and opened in 2008; Parking for 50+ vehicles with a gated entrance
More about this property
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