Sale-Lease Brochure - Warnert Commercial Real Estate

Saint Cloud Business Center
14 7th Avenue North
Saint Cloud, MN 56303
For Sale or Lease
Located on 7th Avenue in the heart of downtown across from the
Court House Square. A large professional reception area with central
receptionist who greets your customers, manages your mail & phone.
This property offers quality finishes, many shared amenities with two
conference rooms, break room & copier usage, free high speed Wi-fi
with personalized secure accounts, security w/cameras, elevator,
cleaning service and vast array of office suites will accommodate a
variety of tenant needs. Located near hotels, banks, restaurants, retail
and entertainment! As a point of history, Eich Motor built the
building as a Studebaker Car Garage.
First Floor
10,609 SF
Offices and shared rooms
* Prices vary per office space
33 Offices with shared lunch
& conference room
Minimum
Divisible:
Second Floor
100 SFSF
approximate
8,509
Offices and shared rooms
* Prices vary per office space
24 Offices with shared
conference room
Third Floor
8,509 SF
Offices
25 Offices with large open
work space
$9 PSF NNN
Property Features:
Office Space:
38,236 Total SF
Parking:
Private, City Lot Permits, Street
Traffic:
28,000+ AADT
Zoning:
C3—Central Business District
Lease Rates:
Starting at $9.00 PSF
Class:
Class B
Lower Level
Offices and storage
* Prices vary per office space
SALE PRICE
10,609 SF
12 Offices plus
2100 SF Storage
$990,000
Below Recent Appraised Value!
*Call for investment opportunity details
For more information contact:
Sheila DeVine
320.251.9300
sdevine@warnert.com
Matt Studer
320.251.9300
mstuder@warnert.com
This information has been obtained from sources believed reliable. We do not doubt its accuracy,
This information has been obtained from sources believed reliable. We do not doubt its
accuracy, however, we have not verified it. We make no guarantee, warranty or representation
about it. It is your responsibility, along with your tax and legal advisors to independently confirm
its accuracy.
First Floor - 10,609 SF
Sheila DeVine
2178 Quebecor Road
Matt Studer
320.492.3230 Cell
St. Cloud, MN 56304
320.492.7744 Cell
sdevine@warnert.com
T 320.251.9300
mstuder@warnert.com
WARNERT COMMERCIAL REAL ESTATE
www.warnertcommercial.com
WARNERT COMMERCIAL REAL ESTATE
This information has been obtained from sources believed reliable. We do not doubt its accuracy, however, we have not verified it. We make no guarantee, warranty or representation
about it. It is your responsibility, along with your tax and legal advisors to independently confirm its accuracy.
Second Floor - 8,509 SF
Sheila DeVine
2178 Quebecor Road
Matt Studer
320.492.3230 Cell
St. Cloud, MN 56304
320.492.7744 Cell
sdevine@warnert.com
T 320.251.9300
mstuder@warnert.com
WARNERT COMMERCIAL REAL ESTATE
www.warnertcommercial.com
WARNERT COMMERCIAL REAL ESTATE
This information has been obtained from sources believed reliable. We do not doubt its accuracy, however, we have not verified it. We make no guarantee, warranty or representation
about it. It is your responsibility, along with your tax and legal advisors to independently confirm its accuracy.
Third Floor - 8,509 SF
Sheila DeVine
2178 Quebecor Road
Matt Studer
320.492.3230 Cell
St. Cloud, MN 56304
320.492.7744 Cell
sdevine@warnert.com
T 320.251.9300
mstuder@warnert.com
WARNERT COMMERCIAL REAL ESTATE
www.warnertcommercial.com
WARNERT COMMERCIAL REAL ESTATE
This information has been obtained from sources believed reliable. We do not doubt its accuracy, however, we have not verified it. We make no guarantee, warranty or representation
about it. It is your responsibility, along with your tax and legal advisors to independently confirm its accuracy.
Lower Level - 10,609 SF
Includes 2,100 SF Lower Level Storage Area
Sheila DeVine
2178 Quebecor Road
Matt Studer
320.492.3230 Cell
St. Cloud, MN 56304
320.492.7744 Cell
sdevine@warnert.com
T 320.251.9300
mstuder@warnert.com
WARNERT COMMERCIAL REAL ESTATE
www.warnertcommercial.com
WARNERT COMMERCIAL REAL ESTATE
This information has been obtained from sources believed reliable. We do not doubt its accuracy, however, we have not verified it. We make no guarantee, warranty or representation
about it. It is your responsibility, along with your tax and legal advisors to independently confirm its accuracy.
Saint Cloud Business Center Property Detail
One of St Cloud’s first and only business center of it’s kind with numerous shared amenities. The success of which is
shown in the occupancy of some of the tenants for over 20 years.
Ideal target for a 1031 exchange or owner occupied investment.
BUILDING INFORMATION
Gross Building Area: 38,236 SF
Number of Buildings: Two parcels which can be combined into one parcel
Number of Stories: Three, plus a full basement
Actual Age: 114 Years Year Built: 1900 and 1961 Year Renovated: Early 1980’s
Year Built: 14 7th Avenue North: Built in 1900 20 7th Avenue North: Built in 1961
Parking: The property contains approximately 8 surface parking spaces with nearby city parking lots and street parking
CONSTRUCTION DETAIL
Basic Construction: Masonry and wood frame Foundation: Poured concrete slab Framing: Wood post and beam
Exterior Walls: Brick and metal panel façade
Roof Type: Flat with parapet walls Roof Cover: Built-up assemblies with tar and gravel cover
Floors: Wood sub-floor over wood joists
Windows: Thermal windows in aluminum frames Pedestrian Doors: Glass, wood and metal
MECHANICAL DETAIL
Heat Source: Gas Heating System: Forced Air
Cooling: Central HVAC roof mounted.
Plumbing: The plumbing system is adequate for the existing use and in compliance with local law and building codes. The
plumbing system is a combination of PVC, steel, copper and cast iron piping throughout the building.
Electrical Service: Electricity for the building is assumed adequate for the current use.
Electrical Metering: The building has a master meter.
Elevator Service: The building contains elevator.
Fire Protection: 100% sprinklered.
Security: Interior monitors. Controlled Key Access
INTERIOR DETAIL
Layout: The buildings are rectangular in shape. There is an elevator centrally located in the building, as well as stair and stairwell
access to the multiple levels. The onsite parking is along the north elevation of the improvements.
Floor Covering: Combination of commercial grade carpet, tile and wood.
Restrooms: The property features adequate restrooms for men and women.
PROPERTY ASSESSMENT INFORMATION
Assessor's Parcel Numbers: 82.51723.0000 and 82.51721.0000
Assessed Value Totals: Land: $168,000 Improvements: $982,000
Total: $1,150,000 Taxable Assessment: $1,150,000 Assessor's Implied Market Value $1,150,000
Total Property Taxes $41,606
Photos
The History of Eich Motor Company
Bisenius and Eich Farm Machinery
Alois A. Eich, known as "A.A.", the first of four generations of the Eich family to run Eich Motor Co.
In January of 1897, A.A. and Michael Bisenius formed a partnership to sell farm implements, representing
McCormick Harvesting machinery and Studebaker wagons and buggies. The next year they bought several
lots in downtown St. Cloud on Seventh Avenue, just north of Saint Germain Street. In 1898 the first unit of
what is now the Meyer building (St. Cloud Business Center) was built, called the "machine shed." It still
stands as the north half of the present building.
Aerial View
POST OFFICE
POLICE DEPT
COURT HOUSE
SQUARE
Sheila DeVine
2178 Quebecor Road
Matt Studer
320.492.3230 Cell
St. Cloud, MN 56304
320.492.7744 Cell
sdevine@warnert.com
T 320.251.9300
mstuder@warnert.com
WARNERT COMMERCIAL REAL ESTATE
www.warnertcommercial.com
WARNERT COMMERCIAL REAL ESTATE
This information has been obtained from sources believed reliable. We do not doubt its accuracy, however, we have not verified it. We make no guarantee, warranty or representation
about it. It is your responsibility, along with your tax and legal advisors to independently confirm its accuracy.