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1511 Northway Center 1511 Northway Dr 7,956 SF 43% Leased Office Building Saint Cloud, MN 56303 $3,785,433 CAD ($475.80 CAD/SF)
Investment Highlights
- Excellent location
- Private Parking lot
- Well maintained building
Executive Summary
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. An adjacent lot 2030 Stearns Way is also available for expansion needs if desired. This prime building is conveniently located on Northway Drive near the CentraCare/St. Cloud Hospital, Whitney Park, the YMCA and Whitney Senior Center and numerous other medical offices and clinics. This conveniently located building offers two lower-level suites for lease: 1890 SF unfinished storage space or could be renovated for office use and a 2610 SF finished suite turn key for medical use, each for $12.00/SF NNN. $5.00/SF for CAM expenses.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,956 SF
Building Class
B
Year Built
1996
Price
$3,785,433 CAD
Price Per SF
$475.80 CAD
Percent Leased
43%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,956 SF
Building FAR
0.16
Lot Size
1.16 AC
Zoning
Commercial - Commercial
Parking
75 Spaces (9.43 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This conveniently located building offers two lower-level suites for lease. It is in close proximity to CentraCare/St. Cloud Hospital and numerous other medical offices and clinics. Lower level suites: 1890 SF or 2610 SF, each for $12.00/SF NNN.
This conveniently located building offers two lower-level suites for lease. It is in close proximity to CentraCare/St. Cloud Hospital and numerous other medical offices and clinics. Lower level suites: 1890 SF or 2610 SF, each for $12.00/SF NNN.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 201 | 2,610 SF | Office/Medical | - | Now |
| 1st Fl-Ste A | 1,890 SF | Office | - | Now |
1st Fl-Ste 201
| Size |
| 2,610 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste A
| Size |
| 1,890 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 201
| Size | 2,610 SF |
| Space Use | Office/Medical |
| Condition | - |
| Available | Now |
This conveniently located building offers two lower-level suites for lease. It is in close proximity to CentraCare/St. Cloud Hospital and numerous other medical offices and clinics. Lower level suites: 1890 SF or 2610 SF, each for $12.00/SF NNN.
1st Fl-Ste A
| Size | 1,890 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
This conveniently located building offers two lower-level suites for lease. It is in close proximity to CentraCare/St. Cloud Hospital and numerous other medical offices and clinics. Lower level suites: 1890 SF or 2610 SF, each for $12.00/SF NNN.
1 1
1 of 85
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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1511 Northway Center | 1511 Northway Dr
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