379 Commerce CT, Saint Paul, MN 55127 - MLS#6803565

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$850,000

Est. payment - /mo

99,316 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 99,316 sqft

Price per Sqft $8

Subdivision Cic 624 Oak Knoll Bus Park

MLS Listing ID 6803565

Year Built 2008

Annual Tax Amount $2,478

Acres 2.28

Lot Dimensions 114 x 157 x 325 x 612 x 34 x 448 irregular

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 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.

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 improvements 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

Community Cic 624 Oak Knoll Bus Park

Zoning Business/Commercial

Direction 35E to highway 96, west on Hwy 96 to McMenemy Street, south to Commerce Court, east on Commerce Court, property fronts the NE portion of the cul-de-sac.

Interior

Heating None

Flooring 99316.8

Exterior

Parking Features Parking Lot, Paved Lot

Utilities Available Electric Separate, Heating Separate

Accessibility None

Building

Lot Description Irregular Lot

Foundation 8 ft Pour

Water City Water - In Street

Structure Type Concrete

Others

Senior Community No

Tax ID 203022230063

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Listed by LaBelle Real Estate Group Inc

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