300 4th Ave NE, Waite Park, MN 56387

Located just across 3 rd Street from Crossroads Regional Mall (890,000 SF regional power center). 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.
CBC Orion is pleased to offer for sale, Dan Tree Court Center, consisting of One (1) 24,000 +/- square foot multi-tenant Retail/Office building in Waite Park, MN. Prime high traffic location situated at the stoplight intersection of Highway 15 and 3rd Street North. Located just across 3rd Street from Crossroads Regional Mall (890,000 SF regional power center). 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.
Offering consists of two parcels, with one 24,000 total square feet of building on 1.12 acres. Building is split into 12 tenant suites allowing for diversified income stream. Many long terms tenants including Grubers Quilt Shop, Roberts Fine Jewelers, The Fan Zone and others. Dan Tree Court benefits from large elevated digital and pylon signage with excellent visibility to major thoroughfares of Highway 15 and 3 rd Street.
Parcel A (PID# 98.60679.0000)| 300 4 th Avenue NE, Waite Park – consists of 24,000 total square feet building on 39,213 SF site. Wood frame construction with attractive log siding exterior. Building was originally constructed in 1972 and expanded/renovated in 1996 and many other updates/improvements over the years. Additionally, there are newer roofs and also solar panels on the roof to reduce utility expenses.
Parcel B (PID# 98.60688.0000 ) | consists of a 9,786 SF parcel utilized as an overflow parking lot for Parcel A.
Owner Occupier possibility: These properties have been same family owned and managed for many years. Current owner occupies a large portion for the building for their business. Opportunity for new owner to occupy part of the building and have other tenant’s rental income to offset expenses.