$850,000

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.