1604 1st Street S, Willmar, MN 56201

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 500
Waterfront Present: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 63467
For Sale or Lease: For Sale
Acres: 6.33
Lot Dimensions: 6
Garage Stalls: 0

Property Features

Accessible: Accessible for Hearing-Impairment; Door Lever Handles; Doors 36"+; Fully Wheelchair; Hallways 42"+; No Stairs Internal; Sight Impaired CMU Style: Retail/Shopping Center Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Business Service; Church; Commercial; Event Space; Food Service; Office; Other; Professional Service; Retail; Vacant; Wholesale Exterior: Stucco Foundation: Other Fuel: Natural Gas Heating: Forced Air Location Description: Downtown; Free Standing; Other/See Remarks; Shopping Center; Strip Center On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common; Hot Water Separate Parking Characteristics: Paved Lot Sewer: City Sewer/Connected Stories: One Topography: Level Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 3500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1604
Street Name: 1st
Street Suffix: Street
Street Direction Suffix: S
Postal City: Willmar
County: Kandiyohi
State: MN
Zip Code: 56201

Additional Parcels Information

Property ID #2: 959226785

Assessments

Tax With Assessments: 70538
Assessment Balance: 0

More Information

Building Information

Building Finished SqFt: 63467
Building SqFt: 63467

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 35
Section#: 22
Township#: 119

Sale Options

Sale Includes: Building, Land, Leases

Unit Details

Total Units: 20

Office/Member Info

Association: WCAR

Location, Tax and Other Information

Legal Description: W 256.73' OF E'LY 655.8' OF S 320' OF N 1648' OF E1/2 OF E1/2 OF NE1/4 & E 655.8' OF S 336.5' OF N 656.5' OF SE1/4 OF NE1/4 EXC R-O-W.
Listing City: Willmar
Map Page: 999
Municipality: Willmar
School District: Willmar
School District Phone: 320-231-8500
Zip Plus 4: 1070
Property ID Number: 959226820
Tax Year: 2024
Tax Amount: 70538
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Skylark Center encompasses a 63,467 square foot facility situated on 6.64-acres within Willmar's key commercial shopping destination. About 95 miles west of the metropolitan area and serves as a primary retail hub for west-central MN. Positioned on the town's principal commercial artery (1st Street/Highway 71), this center offers plenty of on-site parking suitable for diverse occupants, with a current lineup featuring healthcare providers, professional services, and various retailers. This asset is ideal for investors seeking upside potential, developers looking for growth opportunities, or those interested in owner occupancy. The location and structure support additional expansion options, including residential units, standalone retail pads, or storage facilities. KEY INVESTMENT FEATURES: CENTRAL WILLMAR LOCATION 6.64-ACRE SITE 63,467 LEASABLE SQUARE FEET 500 PARKING SPOTS POTENTIAL FOR VALUE ENHANCEMENT • Attractive Pricing: $3,500,000 / $55.15 per SF / 10.82% Initial Year Cap Rate • Upside through enhancements • Chance to revamp or redevelop • Reliable existing lease income • Directly opposite Uptown Willmar Mall • Designated for Shopping Center use • Potential eligibility for Tax Increment Financing. Skylark Center sits along Willmar's primary commercial strip, facing the Uptown Willmar Mall (previously called Kandi Mall). Investors can leverage its prime positioning to boost returns via several approaches, such as: 1. Introducing a drive-through café or similar quick-service outlet on the eastern portion of the property 2. Filling empty spaces with new occupants - Options for retail could involve a craft brewery, outdoor equipment shop, thrift or bargain apparel outlets, budget variety stores - Storage units - Professional or healthcare offices 3. Long-term land strategy - Generate income from land operations, then pursue full-site redevelopment later 4. Occupy and Offload to an end-user buyer at an elevated value by guaranteeing a lease. Do not miss the virtual 3D tour and call for a private viewing today.
Directions: 1st street willmar accross from the Kandi Mall.

Accessible

Accessible for Hearing-Impairment: Yes
Door Lever Handles: Yes
Doors 36"+: Yes
Fully Wheelchair: Yes
Hallways 42"+: Yes
No Stairs Internal: Yes
Sight Impaired: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Paved Lot: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Electric Separate: Yes
Heating Common: Yes
Heating Separate: Yes
Hot Water Common: Yes
Hot Water Separate: Yes

CMU Style

Retail/Shopping Center: Yes

Current Use

Beauty/Barber Shop: Yes
Business Service: Yes
Church: Yes
Commercial: Yes
Event Space: Yes
Food Service: Yes
Office: Yes
Other: Yes
Professional Service: Yes
Retail: Yes
Vacant: Yes
Wholesale: Yes

Location Description

Downtown: Yes
Free Standing: Yes
Other/See Remarks: Yes
Shopping Center: Yes
Strip Center: Yes