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    1011 2 St St. Cloud, MN 56303

    For Sale
    $134,900

    Prime St. Cloud office condo, 1785 sq ft, vacant.

    Property size:
    1,785 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,785 square foot vacant office condo in St. Cloud, Minnesota, presents a unique investment opportunity. Located at 1011 2nd St N, 56303, this Executive Plaza condo offers exceptional visibility and accessibility. Situated on the corner of 2nd Street North and 10th Avenue North, the property benefits from high traffic counts exceeding 20,000 vehicles daily on 10th Ave N, providing excellent signage opportunities. The condo is conveniently located within close proximity to major thoroughfares including Highway 23/Division Street (.25 mile), Highway 10 (2 miles), Highway 15 (2.5 miles), and Interstate 94 (5 miles). Two Metro Transit access points are less than two blocks away. The building itself features an elevator and common area restrooms, minimizing potential build-out costs. The condo boasts multiple windows and dual access points from the main and side entrances. The existing buildout includes numerous water hookups, adaptable for future use. Ample parking is available in the large on-site lot. This prime location is a five-minute walk from Historic Downtown St. Cloud, offering a vibrant mix of local and national businesses. The property is also near major institutional facilities such as the United States Postal Office and the Stearns County Courthouse, and is in the company of other professional condo owners including legal, medical, and dental practices. The asking price is $134,900, with a price per square foot of $75.57.

    Property Features for 1011 2 St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,785 SF

    HighLights

    • Asking price: $134,900.
    • 1,785 square foot vacant office condo.
    • $75.57 per square foot.
    • Excellent location in St. Cloud, MN, with convenient access to major highways (Hwy 23, Hwy 10, Hwy 15, I‑94) and public transit.
    • High visibility with multiple signage opportunities.
    • Prime location near downtown St. Cloud, offering proximity to restaurants, retail, and other businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. Cloud
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.1660335
    Latitude
    45.5605985

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    FAQs

    What type of property is this?
    Office Property / Space - Prime St. Cloud office condo, 1785 sq ft, vacant.
    Where is this office property / space located?
    The property is located at 1011 2 St St. Cloud, MN.
    What is the asking price?
    The asking price for this property is $134,900.
    What are key features of this property?
    This property features: Asking price: $134,900.; 1,785 square foot vacant office condo.; $75.57 per square foot.
    (320) 291-8625
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011 2 St St. Cloud, MN 56303
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