15 1St Ave Waite Park, MN 56387
This exceptional 2,500-square-foot single-tenant retail and office space is ideally situated in the Waite Park Retail Center, offering unparalleled visibility and accessibility. Located at the intersection of 1st Avenue North and Division Street West in Waite Park, Stearns County, this property boasts a prime location with high traffic volume on Division Street. The space is entirely vacant and ready for immediate occupancy. The layout includes a large office, an open showroom area, and approximately 1,000 square feet of shop/warehouse space. This versatile area features a 10' x 10' drive-in door and floor drains, making it suitable for a variety of businesses. The building provides ample parking for customers and employees, ensuring convenience and ease of access. This is a fantastic opportunity for a business seeking a well-located, spacious, and functional retail or office space with excellent visibility and convenient access. The property type is classified as Retail and Office, with the subtype being Executive Office and Retail Center. The total building square footage is 2,500 square feet, with all of it currently vacant. This presents a unique chance to establish a presence in a thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.