Heritage Market II

For Sale

2848 2nd St S, Saint Cloud, MN 56301

This Saint Cloud property for sale is located at 2848 2nd St S. The current listed sale price for Heritage Market II is $2,175,000. Heritage Market II is situated on a lot that is 1.1 acre in size.

Contacts

broker
Amy Senn

Mid-America Real Estate Group

Property Details

  • Property Type Retail - Strip
  • Lot Size 1.1 Acre
  • Additional Rent Contact for pricing
  • Year Built 2001
  • Date Updated Dec 4, 2024
Presenting an exceptional opportunity in the thriving Retail Strip Center sector. This property, built in 2001, at 90% occupancy, providing immediate value and with the current gross leases, the future owner can significantly enhance the Net Operating Income (NOI) upon lease expirations, taking advantage of average gross rent of $20 psf and the attractive average suite size of 1,859 SF. Ideally situated on 2nd Street with a daily traffic count of 25,000, this asset benefits from its proximity to high-traffic destinations, potential tenant base, and a growing, educated population of over 100,000 within a 5-mile radius. With strong fundamentals, including a newly overlaid parking lot, this property offers an enticing investment with promising growth prospects.
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Attachments

Getting around

  • 58/100

    Walk Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Saint Cloud, MN
  • Neighborhood West End St. Cloud
  • Zip Code 56301
  • Market Minneapolis St Paul

Points of Interest

  • Speedway

    0.53 miles

  • Kwik Trip

    0.56 miles

  • First Fuel Banks

    1.13 miles

  • Go For It Gas

    1.59 miles

  • Holiday

    1.96 miles

  • SpeedStop

    2.14 miles

  • Stop-N-Go

    2.20 miles

  • Gilleland Chevrolet

    0.44 miles

  • Bus Parking

    1.09 miles

  • W Lot

    1.87 miles

  • M Lot

    1.87 miles

  • E Lot

    1.89 miles

  • V Lot

    1.90 miles

  • R Lot

    1.91 miles

  • O Lot

    1.91 miles

  • AA Lot

    1.94 miles

  • N Lot

    1.95 miles

  • Dong Khanh

    0.24 miles

  • Subway

    0.29 miles

  • Star of India

    0.29 miles

  • Taco Bell

    0.34 miles

  • Red Lobster

    0.36 miles

  • Bravo Burritos Mexicatessen & Bar

    0.38 miles

  • Arby's

    0.39 miles

  • Dairy Queen

    0.42 miles

  • Orange Julius

    0.42 miles

  • Panera Bread

    0.42 miles

  • Burlington

    0.19 miles

  • TJ Maxx

    0.29 miles

  • Lunds & Byerlys

    0.36 miles

  • Save-A-Lot

    0.41 miles

  • Walmart Supercenter

    0.51 miles

  • Coborn's

    0.81 miles

  • Target

    0.96 miles

  • Crossroads Center

    1.03 miles

  • JCPenney

    1.06 miles

  • Macy's

    1.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Amy Senn

Mid-America Real Estate Group