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Office

Edgewater Business Center

18 Riverside Ave S, Sartell, MN 56377

Listing Price: $1,100,000

Cap Rate
9.69%
Rentable SF
9,796
Lot Size
1.15 acres
Year Built
1981

Investment Overview

Marcus & Millichap is pleased to represent Edgewater Business Center located on the banks of the Mississippi River. This seven suite building is currently occupied by five stable tenants, but includes tremendous upside with two vacancies that are ready for occupancy.

Investment Highlights

  • Office Building located on the beautiful Mississippi River with great views and river access.
  • Stable tenant mix that paid rent throughout pandemic and continues to do so.
  • Value add opportunity with two furnished units available to rent out.

Exclusively Listed By

Financing By

Listing Price: $1,100,000

Cap Rate
9.69%
Rentable SF
9,796
Lot Size
1.15 acres
Year Built
1981

Investment Highlights

  • Office Building located on the beautiful Mississippi River with great views and river access.
  • Stable tenant mix that paid rent throughout pandemic and continues to do so.
  • Value add opportunity with two furnished units available to rent out.

Investment Overview

Marcus & Millichap is pleased to represent Edgewater Business Center located on the banks of the Mississippi River. This seven suite building is currently occupied by five stable tenants, but includes tremendous upside with two vacancies that are ready for occupancy.

Exclusively Listed By

Financing By

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