3250-3254 Rice St - Office CONDO FOR SALE


Saint Paul, MN 55126
$958,000 USD
651-481-6291
3250-3254 Rice St, Saint Paul, MN for Sale
$958,000 USD
Office CONDO - FOR SALE
1/18
null | Request Cap Rate

3250-3254 Rice St
Saint Paul, MN 55126


HIGHLIGHTS

  • Existing improvements include private offices, conference rooms, reception areas, and built-in storage.
  • Large windows provide natural light and views overlooking a wooded pond setting.
  • Convenient Rice Street location offers direct access to I-694, I-35E, I-35W, and Highway 36.
  • Suitable for owner-users, investors, and professional office tenants seeking flexibility within an established office park environment.
  • Large onsite parking lot for tenants and clients

OVERVIEW

Blacktern Office Park offers a rare opportunity to own or occupy a well-maintained 5,544-square-foot office condominium in the highly desirable Vadnais Heights/Little Canada office market. Originally occupied by the developer of Blacktern Office Park, the property presents a unique opportunity to acquire one of the development's premier office suites. Both the upper and lower level suites are available, providing exceptional flexibility for an owner-user, investor, or multi-tenant occupancy. The current owner-occupant is willing to lease back a portion or all of the space under a new lease agreement, or vacate on a flexible timeline, allowing for a seamless transition based on the buyer's needs. The efficient floor plans feature private offices, conference rooms, reception areas, built-in storage, and attractive wooded pond views, while the lower level can be demised into two approximately 1,386-square-foot suites for additional leasing flexibility. Conveniently located along Rice Street with immediate access to I-694, I-35E, Highway 36, and Interstate 35W, the property is surrounded by restaurants, retail, hotels, healthcare providers, and other everyday amenities. Professionally managed through a well-established condominium association, Blacktern Office Park offers a flexible, functional, and well-located office investment with outstanding long-term ownership potential.

FOR SALE DETAILS

PRICE

$958,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

5,544 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C-1

APN/PARCEL ID

31-30-22-33-0043,31-30-22-33-0044,31-30-22-33-0045

ASK ABOUT THIS PROPERTY

Stephen DavidsonThe Davidson Companies, Inc.More Info
651-481-6291

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Stephen DavidsonThe Davidson Companies, Inc.More Info
651-481-6291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.