Home › 1511 Northway Drive, Saint Cloud, MN 56303 (MLS# 6227914)

1511 Northway Drive, Saint Cloud, MN 56303 (MLS# 6227914)

$2,900,000
1511 Northway Drive
Saint Cloud, MN 56303
MLS# 6227914
Status: Closed

1511 Northway Drive, Saint Cloud, MN 56303
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Property Description
Here is the investment opportunity you have been waiting for! It is a well maintained professional medical office building with long term, stable tenants in place. It is close to full occupancy, with 2100 additional unfinished sq ft of storage space also available that could be renovated for office use. An additional 1.44 acre adjacent lot is also available for expansion needs if desired. This prime building is conveniently located on Northway Drive near the St. Cloud Hospital, Whitney Park, the YMCA/Aquatic Center and Whitney Senior Center in St Cloud's medical arts area. Current leases offer a 7.5% CAP rate.

Details
Maps
Contract Information
Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
Availability: Available
Status: Closed
Off Market Date: 2023-05-01
Current Price: 2925000
Closed Date: 2023-05-01
Sales Close Price: 2925000
Original List Price: 2900000
Contingency: None
ListPrice: 2900000
List Date: 2022-06-29
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Year Built: 1996
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 33541.2
Foundation Size: 9250
For Sale or Lease: For Sale
Acres: 0.77
Lot Dimensions: 147x245
Assessment Pending: No
Location Tax and Other Information
House Number: 1511
Street Name: Northway
Street Suffix: Drive
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56303
Complex/Dev/Subdivision: Northway 06
Assessments
Tax With Assessments: 51000
Building Information
Building Finished SqFt: 16400
Building SqFt: 18500
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27145
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 28
Section#: 3
Township#: 124
Sale Options
Sale Includes: Building
Unit Details
Total Units: 1
Property Features
Accessible: Accessible Elevator Installed
CMU Style: Office
Construction Status: Previously Owned
Current Use: Office
Exterior: Stucco
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Heating Separate
Parking Characteristics: Paved Lot
Road Frontage: City Street
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected

Listing Office: Agency North Real Estate, Inc

Last Updated: June - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Monday 25th of May 2026 08:20 PM

218-998-4400

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