1010 2nd N St Sauk Rapids, MN 56379-2527

Property Details for 1010 2nd N St

Year built

1962

Lot size

28.03 lot acres

Property size

2,240 SF

Property type

Commercial real estate

APN

19.00031.00

APU

190003100

Description

This exceptional 6-acre commercial land parcel presents a unique development opportunity in Sauk Rapids, Minnesota. Strategically located on 2nd Street North, this high-visibility site boasts nearly 800 feet of frontage, offering unparalleled exposure to a significant daily traffic volume (8500 vehicles per 2019 data). The property's prime location is just seconds from Highway 10, providing easy access to major transportation routes and placing it minutes from Highway 23 and Highway 15, as well as the downtowns of both Sauk Rapids and St. Cloud. Across the street, you'll find a mix of established office and retail businesses, including a Holiday gas station, the City Hall, and the United States Postal Service. The final parcel size will be determined upon execution of the purchase agreement, as the land is to be subdivided. This site is ideal for mixed-use development, and the possibility of a Tax Increment Financing (TIF) opportunity exists, particularly given the potential for redevelopment in conjunction with a nearby radio station. The property sits at a traffic light-controlled intersection, further enhancing its visibility and accessibility. The asking price for this exceptional development opportunity is $780,000, with a land value of $130,000 per acre.

Location Insight

City

Sauk Rapids

County

Benton

State

Minnesota

Longitude

-94.1559

Latitude

45.5967

CBSA code

41060

CBSA name

ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments