3308 5th S St Waite Park, MN 56387-1391
This exceptional 3,700 square foot commercial property in Waite Park, Minnesota, presents a unique investment opportunity. Located at 3308 5th St S, 56387, this Class B building sits on approximately one acre of land and offers a versatile blend of office and warehouse space, ideal for a variety of businesses. Built in 2003, the property boasts 1,200 square feet of finished office space featuring high-quality construction and finishes. The remaining approximately 2,500 square feet comprises a warehouse/shop area with a 16-foot clear ceiling height and an 11-foot drive-in door, perfect for storage or light manufacturing. Practical features include a floor drain, flammable waste trap, in-floor heat, and unit heaters. Multiple restrooms conveniently serve both the office and warehouse areas. Ample parking is provided with approximately 20 stalls. The property is currently vacant and available for sale at $595,000 with a Net Lease type. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The APN is 98.60672.0676.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.