2nd Ave St. Cloud, MN 56301
- Retail properties
- 1.60 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2nd Ave
- Year built
- 2022
- Lot size
- 1.60 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 1.6-acre commercial land parcel presents a remarkable investment opportunity in St. Cloud, Minnesota. Located at 2nd Ave South, this property boasts a prime location within a high-traffic, high-retail area, offering easy access throughout the St. Cloud metro area. The lot is situated off 2nd Street S and Waite Ave, benefiting from significant daily traffic volume. Built in 2022, this property is ideal for retail development, capitalizing on St. Cloud's position as Central Minnesota's primary shopping hub. With a daytime population of 128,458 within a 5-mile radius, this location ensures substantial customer reach. The asking price is $1,400,000, translating to $20 per square foot. The property's zoning is within the C5 Highway commercial district, aligning with its high-visibility retail potential along the main retail corridor of Highway 23/2nd Street S. This presents a unique chance to establish a thriving business in a well-established and highly sought-after commercial zone. The property's recent construction ensures modern infrastructure and immediate development readiness. This is a rare opportunity to acquire a significant piece of land in a thriving retail market. The combination of location, size, and price makes this an exceptional investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Cloud
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.1504
- Latitude
- 45.556
