For Sale: Vadnais Heights MLS# 6803565
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Property Description
On this 2.28 acre site, Infrastructure already exists to possibly 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 with 7 PIDs. Property includes concrete foundations (all walk-outs), city water/city sewer, natural gas/electric service, concrete curb/gutter, parking lot, storm sewer and retention pond.
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, which would be shared by two of the buildings. The existing bituminous parking lot will require improvements or replacement in some 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 Light 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Property Type:
Commercial
City:
Vadnais Heights
Garage Spaces:
0
County:
Ramsey
Year Built:
2008
State:
MN
Property Style:
Other
Zip Code:
55127
Subdivision Name:
Cic 624 Oak Knoll Bus Park
Exterior
Garage Spaces:
0
Foundation Size:
10,450 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
None
Parking Features:
- Asphalt
- Parking Lot
- Paved Lot
Road Frontage:
- City Street
- Cul De Sac
Exterior Material:
Concrete
Lot & Land
Acres:
2.28
Geolocation:
45.075155, -93.084594
Inclusions:
Other
Lot Dimensions:
114 x 157 x 325 x 612 x 34 x 448 irregular
Addl Parcels:
203022230064, 203022230065, 203022230066, 203022230067, 203022230068, 203022230069, 203022230070, 203022230071
Zoning:
Business/Commercial
Lot Description:
Irregular Lot
Farm
Topography:
High Ground, Low Land
Schools
School District:
2090
District Phone:
6516216001
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$20,072
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,592
Units
Total Units:
1
Miscellaneous
Current Use:
Other
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of LaBelle Real Estate Group Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.