379 Commerce CT Active

Vadnais Heights,MN 55127

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Cic 624 Oak Knoll Bus Park

MLS Listing ID 6673680

Year Built 2008

Annual Tax Amount $2,002

Tax Year 2025

Lot Size 2.280 Acres

Property Sub-Type Office

Property Description

On this 2.28 acre site, Infrastructure already exists to allow completion of a 22,500+ square foot Office Condo Complex, comprised of 3 individual buildings, an elevator lobby and a total of 7 condos and 7 PIDs. Poured concrete foundations (all walk-outs), city water/city sewer, natural gas/electric service, concrete curb/gutter, parking lot, storm sewer and retention pond -- it's all here.

See Supplements for Colorized Survey of the 2.8 acre, Parcel B-1 and Utility Plan.

There are 2 additional PIDs, for condo outlot and common ground that are not taxed.

The foundations were structurally certified in 2022. The foundation square footage of each of the 3 buildings are 4386 sq.ft., 3032 sq.ft. and 3032 sq.ft., which does not include the elevator lobby to be shared by two of the buildings. The existing bituminous parking lot will require at least the second lift of bituminous, as well as some repair in areas, prior to installing a second lift.

Owner has Civil Engineering Drawings, Building plans and CIC documents - all available on request.

The property is zoned Business Commercial, Light Industrial zoned properties are on the south side of the street.

There are other possible options for this property - such as re-platting and rezoning for Industrial, or Garage Condominium Buildings. For this use, the City of Vadnais Heights approved a tentative plan in 2020, that would allow a total of 13 large, individual Garage Condos.

Another option: designing and constructing something completely new, with utilities already in place.

All dimensions and square footages are approximate.

Location

State MN

County Ramsey

Zoning Business/Commercial

Interior

Heating None

Inclusions Other

Exterior

Parking Features Asphalt,Parking Lot,Paved

Utilities Available Electric Separate,Heating Separate

Building

Lot Description Irregular Lot

Foundation 10450

Sewer City Sewer - In Street

Water City Water - In Street

Structure Type Other

Schools

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