607 1st Street SE, Saint Cloud, MN 56304
$1,400,000
Property Type:
Commercial
Square Footage:
22,100
Lot Size (sq. ft.):
18,295
Status:
Active
Current Price:
$1,400,000
List Date:
7/09/2026
Last Modified:
9/22/2026
Overview
Description
...
(Read more)
Own your building instead of renting one. Offered as a package — two adjoining parcels (PID 17.00186.00 and PID 17.01143.00) totaling 22,100 SF on 1.02 acres — 585 & 607 1st Street SE deliver a rare blend of owner-user space and day-one cash flow in a single transaction. Both PIDs must convey together.
The 585 building is fully vacant and freshly renovated 2025–2026: 6,340 SF with 16' clear height, a 14' drive-in door plus a 10' dock door, a new three-phase electrical panel, new Reznor gas heaters, new insulation, new LED lighting, a private bathroom, and 12 dedicated parking spaces. Move your business in and stop writing rent checks.
Next door, the 607 building is 100% leased. That income works for you from day one, whether you grow into the additional space later or simply let the tenants help pay down your loan.
Combined building specs: 22,100 SF across two attached structures, three-phase power on three 200-amp panels, 3 dock doors and 3 drive-in doors (ramps and doors updated 2023), a new 60-mil EPDM roof on 607 (2023) and a recoated metal roof on 585 (2023), floor drains and sprinklers in 607. Zoned I-2 General Industrial by the City of Saint Cloud — one of the most flexible zoning designations in the market, permitting warehousing & distribution, general manufacturing, machine shop, motor vehicle sales/repair, cold storage, building materials sales, bottling & distribution, truck terminal, and more.
At $1,400,000 ($63/SF), this offering is priced below every comparable industrial sale in the St. Cloud/Sauk Rapids submarket over the past two years (comp average $76/SF, median $75/SF) — despite a completed top-to-bottom renovation and income already in place. 2026 real estate taxes are estimated at $20,546 combined.
Two parcels. One price. Sold together only. Bring your business, inherit the income, and start building equity instead of paying someone else's mortgage.
Showings by appointment only. Please do not disturb tenants. Call or email to setup a showing.
Listing Details MLS# 7107060
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 12
- Waterfront YN
- No
- Year Built
- 1961
- Yearly/Seasonal
- Yearly
- Zoning
- Industrial
- Foundation Size
- 22100
- Garage Stalls
- 6
- For Sale or Lease
- For Sale
- Acres
- 0.42
- Lot Dimensions
- 127x150x124x135
- Assessment Pending
- No
Property Features
Accessible:
None
CMU Style:
Industrial; Office; Warehouse
Construction Status:
Previously Owned
Current Use:
Commercial; Warehouse
Exterior:
Block; Metal
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Cash; Conventional
On Site Utilities:
Electric Separate
Parking Characteristics:
Multiple Garages; Parking Lot; Floor Drain; Heated Garage; Paved Lot
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 1400000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 607
- Street Name
- 1st
- Street Suffix
- Street
- Street Direction Suffix
- SE
- Postal City
- Saint Cloud
- County
- Benton
- State
- MN
- Zip Code
- 56304
- Complex/Dev/Subdivision
- East St Cloud
Assessments
- Assessment Installment
- 550
- Tax With Assessments
- 20546
Building Information
- Building Finished SqFt
- 22100
- Building SqFt
- 22100
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 31
- Section#
- 36
- Township#
- 36
Sale Options
- Sale Includes
- Building, Leases
Unit Details
- Total Units
- 3
Documents
Listing Office:
Financially Free, LLC
Last Updated: September - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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