Waite Park, Stearns County, MN Commercial Real Estate for Lease and Sale

Explore 18 listings of Waite Park commercial real estate to find the best space for your business.

2nd St Corporate Center - 2nd & 3rd Floor

818 2nd St S, Waite Park, MN
Property

Office

37,200 SF
Availability

2 Spaces

12,041 SF
Year Built

2003
For Lease

$15.50/SF/YR
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Legacy Park

868 3rd St S, Waite Park, MN
Property

Office

7,888 SF
For Sale

$1,200,000
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Plaza Park Professional Center

159 7th Avenue South, Waite Park, MN
Property

Office

16,343 SF
Availability

1 Space

2,124 SF
For Lease Contact for pricing
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Waite Park Office Condos

730 1st Street S, Waite Park, MN
Property

Office

5,365 SF
Year Built

2007
For Sale

$850,000
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Green Street Commons

1111 - 1119 2nd St S, Waite Park, MN
Property

Retail

35,002 SF
Availability

2 Spaces

8,111 SF
For Lease

$10.75/SF/MO
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2nd Street Corporate Center

818 2nd St S, Waite Park, MN
Property

Office

37,200 SF
Availability

2 Spaces

5,421 SF
Year Built

2003
For Lease

$13.50 - $14.50/SF/YR
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West Division Business Center

118-136 Division St, Waite Park, MN
Property

Office

54,000 SF
Availability

3 Spaces

13,292 SF
For Lease

$9.00 - $14.00/SF/MO
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Quarry Center

314 10th Ave S, Waite Park, MN
Property

Office

29,860 SF
Availability

1 Space

3,921 SF
For Lease

$11.00/SF/YR
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1401 Plaza

1423 & 1425 Division Street, Waite Park, MN
Property

Retail

10,920 SF
Availability

1 Space

4,280 SF
For Lease

$10.00/SF/YR
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153 Waite Park Duplex

153 10th Ave N, Waite Park, MN
Property

Multi-Family

2,400 SF
Year Built

1911
For Sale

$206,000
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Legacy Park

868 3rd St S, Waite Park, MN
Property

Office

7,888 SF
Availability

1 Space

4,424 SF
For Lease

$13.75/SF/YR
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Waite Park Office Condos Phase II

730 1st Street S, Waite Park, MN
Property

Office

3,780 SF
Availability

1 Space

3,780 SF
For Lease

$13.25/SF/YR
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Waite Park Lots

730 1st Street S, Waite Park, MN
Property

VacantLand

5,365 SF
Year Built

2007
For Sale

$104,000 - $116,000
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157 Waite Park Duplex

157 10th Ave N, Waite Park, MN
Property

Multi-Family

2,000 SF
Year Built

1902
For Sale

$224,000
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2330 County Road 137

2330 County Road 137, Waite Park, MN
Property

Industrial

52,080 SF
Availability

2 Spaces

14,360 SF
Year Built

1983
For Lease

$5.75 - $6.50/SF/YR
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Backyard Shoppes

310-320 3rd St NE, Waite Park, MN
Property

Retail

34 SF
Availability

2 Spaces

1,540 SF
Year Built

1981
For Lease Contact for pricing
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Waite Park Commercial Development Lot

625 1st Street South, Waite Park, MN
Property

VacantLand
Availability

1 Space

30,708 SF
For Lease Contact for pricing
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461 & 481 2nd Avenue South Parcel B

461 & 481 2nd Ave S, Waite Park, MN
Property

VacantLand
For Sale

$329,900
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Waite Park commercial real estate market incorporates 199,524 square feet of office space across 9 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Waite Park commercial real estate market includes 45,956 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Waite Park market, there is a total of 52,080 square feet of industrial property.

The listing inventory in Waite Park incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Waite Park is represented by Office space, which accounts for 45,003 square feet of available listings. Industrial space available in Waite Park adds up to 14,360 square feet.

Meanwhile, most of the listings of commercial property for sale in Waite Park are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Waite Park is $12.78 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Waite Park can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Waite Park, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $15.5 per square foot. In particular, the property type commanding the highest lease rates in Waite Park was Office space.

The average size of a commercial property in Waite Park depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Waite Park, the average size of an office property is 22,170 square feet.
Retail properties here incorporate an average of 15,319 square feet.
Industrial space in Waite Park is in buildings that are, on average 52,080 square feet in size.

Waite Park, Stearns County, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waite Park currently add up to 104,002 square feet. The market offers 7 active office listing(s), which amount to 45,003 square feet and account for 58% of commercial spaces on the market. Local retail availability includes 13,931 square feet across 3 retail space(s). Industrial space for rent opportunities in Waite Park amount to 14,360 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	45,003
Retail	3	13,931
Industrial	1	14,360
Other	1	30,708

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Waite Park, Stearns County, MN. Currently, there is 23,018 square feet of commercial property for sale here , which includes 2 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	2	13,253
Other	4	9,765

Waite Park, Stearns County, MN Commercial Real Estate for Lease and Sale

2nd St Corporate Center - 2nd & 3rd Floor

Legacy Park

Plaza Park Professional Center

Waite Park Office Condos

Green Street Commons

2nd Street Corporate Center

West Division Business Center

Quarry Center

1401 Plaza

153 Waite Park Duplex

Legacy Park

Waite Park Office Condos Phase II

Waite Park Lots

157 Waite Park Duplex

2330 County Road 137

Backyard Shoppes

Waite Park Commercial Development Lot

461 & 481 2nd Avenue South Parcel B

Frequently Asked Questions

Waite Park, Stearns County, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Waite Park, Stearns County, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Waite Park, MN?

What factors affect the price of commercial real estate in Waite Park, MN?

What is the average rent for commercial space in Waite Park, MN?

What are the best areas for commercial real estate in Waite Park, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Waite Park, MN?

Waite Park, Stearns County, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us