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$3,400,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 48,337 Sq. Ft.
  • 3.28 Acres
  • Updated 9 hours ago
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Rare once in a lifetime opportunity to own a truly historic property. Distinctive historic commercial building featuring exceptional woodwork and an expansive open-concept interior. Completely remodeled in 2006 with grand opening in 2008, no detail left out, from the massive open entry to the breathtaking open stairway and everything in between. Elevator to 3rd floor (private retreat) and so much more to experience. Originally constructed as a train station and later relocated to its current site, this property offers a rare blend of heritage charm and functional commercial space. High ceilings, abundant natural light, and handcrafted wood details create an inviting environment ideal for retail, restaurant, office, studio, gallery, event space, or specialty business use. Wrap-around 2nd floor open patio with so much potential. Ample parking for 50+ vehicles , gated entrance. A truly unique opportunity for investors or owner-operators seeking character, versatility, and a memorable presence. Make this a destination place.

Full Property Details for 8318 State Hwy 23

General

  • Price: $3,400,000
  • Taxes: $25,870 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7014772
  • Updated: 2/6/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Range, Refrigerator
  • Flooring: Wood

Additional Information

  • Amenities: Deck, Hardwood Floors, Natural Woodwork, Other, Panoramic View

Exterior

  • Porch/Patio/Deck: Deck, Patio, Terrace, Wrap Around

Parking

  • Parking Features: Parking Lot, Paved Lot

Location

  • County: Stearns
  • Township: Saint Cloud
  • Driving Directions: I-94 to Hwy 23, north to property on corner of Highway 23 and I-94

School Information

  • School District: 2249 - St. Cloud
  • High School District: St. Cloud

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump
  • Heating Fuel: Other, Propane

Utilities

  • Sewer: Private Sewer
  • Water: Private
  • Utility Description: Electric Separate, Heating Separate

Structural Information

  • Exterior Const.: Concrete, Frame, Steel Siding
  • Basement: Yes
  • Foundation Size: 5956
  • Ceiling Height: Over 20
  • Disability Access: Accessible Elevator Installed
  • Square Feet: 48,337
  • Finished Down/Base.: 48,337 Sq. Ft.
  • Current Bldg. Use: Commercial, Retail
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 3.28
  • Lot Dimensions: irregular
  • Frontage: Interstate, Street Lights, State Road, Highway
  • Potential Use: Office, Other, Rest/Lounge, Retail, Shop, Diversified, Wholesale, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Light Tree Coverage

Financial Considerations

  • Tax Amount: $25,870
  • Tax Year: 2025
  • Terms: Conventional, Cash, Other, Special Funding

Disclosures and Reports

  • Legal Description: lenghty, call agent
  • Inclusions: Building, Fixture/Equipment, Land
  • Property ID: 98616010177

Listed by Premier Real Estate Services

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— 8318 State Hwy 23 —

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NMLS#: 1598647

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Schools serving 8318 State Hwy 23

School District:St. Cloud Area School District
NameGradesDistance
Discovery Community Elementary School
700 7th Street South, Waite Park, MN 56387
PK-53.1 mi
North Junior High School
1212 29th Ave N, St. Cloud, MN 56303
6-85.9 mi
Apollo Senior High School
1000 44th Ave N, St. Cloud, MN 56303
9-125.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8318 State Hwy 23 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$3,400,000
1119.44%
MLS
10/10/2024
Sold
$278,817
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8318 State Hwy 23

Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,870
7%
$1,156,100
3%
2023
$24,254
-4%
$1,124,300
5%
2023
$25,156
-8%
$1,074,700
3%
2021
$27,454
9%
$1,045,700
—
2023
$25,156
-8%
$1,045,700
-1%
2021
$27,454
-4%
$1,058,900
1%
2020
$28,460
-5%
$1,047,300
1%
2019
$29,938
—
$1,037,200
100%
2018
$29,934
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Results

8318 State Highway 23, Saint Cloud, MN 56301 (MLS# 7014772) is a Commercial property. 8318 State Highway 23 is currently listed for $3,400,000 and was received on February 03, 2026. Want to learn more about 8318 State Highway 23? Do you have questions about finding other Commercial real estate for sale in Saint Cloud? You can browse all Saint Cloud real estate or contact a Coldwell Banker agent to request more information.

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