Listed By
Agency Name: Financially Free, LLC
Agency Phone: 612-559-0150
Shown By
Agent Name: Mona Krosch
Agent Phone: (763) 458-7671
Agency Title: Counselor Realty
Property Description
Own your building instead of renting one. This rare owner-user opportunity in Saint Cloud pairs a move-in-ready 6,340 SF space with $6,557.50/month of in-place tenant income to help carry the mortgage. 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 to two tenants on three-year terms with built-in 7.5% annual increases generating $6,557.50/month in contractual rent. 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 Amanda Matajira 651-260-6996 or amanda@matajiraventures.com to setup a showing.
Property Features
Feature Descriptions
Local Schools
607 1st Street Se, Saint Cloud, MN 56304
I will get in touch with you shortly.
Near By
Demographics
607 1st Street Se, Saint Cloud, MN 56304
Send an email with a link to
607 1st Street Se, Saint Cloud, MN 56304.
Select a format below, new window will open and will prompt you to print.
By searching Listing Data you agree to this End User License Agreement
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Terms of Use
Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 12:49:07 AM EST) or RMLS-MN MLS (last updated Fri 07/10/2026 12:02:28 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
STATE OF LICENSURE: MINNESOTA
Privacy Policy / DMCA Notice / ADA Accessibility
607 1st Street Se | MLS# 7107060
This commercial property located at 607 1st Street Se, Saint Cloud, MN 56304 is currently listed for sale with an asking price of $1,400,000. 1st Street Se is located within the St. Cloud school district. Search Saint Cloud real estate on mkrosch.counselorrealty.com today.