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Unit Size: 5,544 SF
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Condo Use: Office
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Price: $958,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $172.80 USD
Description
Originally occupied by the developer of Blacktern Office Park, this exceptional office condominium presents a rare opportunity to acquire one of the property's premier suites. The building consists of approximately 5,544 square feet across two levels, offering flexible ownership and occupancy options for owner-users, investors, or tenants. Both the upper and lower level suites, each approximately 2,772 square feet, are available and can accommodate a wide range of professional office users. The lower level can also be divided into two approximately 1,386-square-foot suites, providing additional leasing and occupancy flexibility.
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. Efficient floor plans feature private offices, conference rooms, reception areas, built-in storage, and attractive wooded pond views, creating a comfortable and professional work environment. Conveniently located along Rice Street with immediate access to I-694, I-35E, Highway 36, and Interstate 35W, Blacktern Office Park offers outstanding accessibility while being surrounded by restaurants, retail, hotels, healthcare providers, and everyday amenities. Professionally managed through a well-established condominium association, this is a unique opportunity to own a flexible, high-quality office asset in one of the North Metro's most established business locations.
Sale Notes
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.