Saint Cloud Business Center

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This information has been obtained from sources believed reliable. We do not doubt its accuracy,

Saint Cloud Business Center

14 7th Avenue North

Saint Cloud, MN 56303

Offices and shared rooms 33 Offices with shared lunch & conference room

Minimum Divisible: 100 SF approximate

Offices and shared rooms 24 Offices with shared conference room

First Floor

10,609 SF

Offices 25 Offices with large open work space

Offices and storage 12 Offices plus 2100 SF Storage

Third Floor

8,509 SF

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 from 100 to 8,500 SF 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.

For Sale

Office Space: 38,236 Total SF

Parking: Private, City Lot Permits, Street

Traffic: 28,000+ AADT

Zoning: C3—Central Business District

Sale Price: $990,000 Class: Class B

Property Features:

Sheila DeVine 320.251.9300 [email protected] Matt Studer 320.251.9300 [email protected]

For more information contact:

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

Lower Level

10,609 SF

SALE PRICE

$990,000

*Call for investment opportunity details

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First Floor - 10,609 SF

Sheila DeVine

320.492.3230 Cell [email protected]

WARNERT COMMERCIAL REAL ESTATE

Matt Studer

2178 Quebecor Road St. Cloud, MN 56304 T 320.251.9300

www.warnertcommercial.com

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Second Floor - 8,509 SF

Sheila DeVine

Matt Studer

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Third Floor - 8,509 SF

Sheila DeVine

Matt Studer

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Lower Level - 10,609 SF

Sheila DeVine

Matt Studer

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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

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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.

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Aerial View

Sheila DeVine

Matt Studer

COURT HOUSE SQUARE

POST OFFICE