Dan Tree Court Office Center - 301 4th Ave NE, Waite Park, MN 56387

CBC Orion is pleased to offer for sale, Dan Tree Court Business Center, consisting of One (1) multi-tenant commercial building in Waite Park, MN. Prime high traffic location near Highway 15 and just across 3 rd Street from Crossroads Regional Mall (890,000 SF regional power center).
Offering consists of One (1) two story multi-tenant office building totaling over 9,000 SF on 17,705 SF site size. Currently there is a mix of tenants occupying space in the building. Building has an elevator that runs between the floors. Upper level of building could be owner occupied, if desired. Dan Tree Court benefits from large elevated digital and pylon signage with good visibility to major thoroughfares of Highway 15 and 3 rd Street.
Building was originally constructed in 1978 and expanded in 1988. Mostly office tenants occupying space. The upper level allows for residential use which has been utilized over the years as weekend retreat space for Grubers Quilt Shop.
City of Waite Park is a commercial hub and included in Saint Cloud MSA (MSA of 200,000). 5-mile radius population of over 100,0000. Location is approximately 60 miles northwest of Minneapolis.
Value add/re-development: Property been same family owned and managed for many years. Opportunity to purchase the property at a low price per square foot, add capital for property enhancements, and increase occupancy to boost property performance.