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Investment Highlights

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

Executive Summary

Located in the desirable Vadnais Heights/Little Canada office market, Blacktern Office Park is a well-maintained two-story office condominium offering an excellent opportunity for an owner-user, investor, or tenant. The 5,544 SF building features two (2) floors.  Upper floor 2,772 SF the lower floor 2,772 SF. Both floors are available for sale or lease. The lower level can also be demised into two approximately 1,386 SF suites, providing additional flexibility. Efficient floor plates include private offices, conference rooms, reception areas, built-in storage, and large windows overlooking a wooded pond. Conveniently located along Rice Street, the property offers excellent access to I-694, I-35E, Highway 36, and Interstate 35W.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 3254/3252
  • 2,772 SF
  • Office
  • Upon Request
  • -
Sale Type Investment or Owner User
APN/Parcel ID 31-30-22-33-0043, 31-30-22-33-0044
Description
The property consists of a two-story, 5,544-square-foot office building 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 also offers the ability to be divided into two approximately 1,386-square-foot suites for added flexibility.
Sale Notes
The lower level condominium presents an opportunity to acquire immediately available office space within the established Blacktern Office Park. The existing floor plan supports a variety of professional office users and offers flexibility for single-user occupancy or division into two separate suites. Buyers can take advantage of the vacant status for immediate use, while investors may benefit from the ability to lease the space to one or multiple tenants. Located in the Vadnais Heights/Little Canada office market with convenient access to major transportation corridors, the property combines occupancy flexibility, efficient office improvements, and a desirable business park setting.
  • Unit 3254/3252
  • 2,772 SF
  • Office
  • Upon Request
  • -
Sale Type Investment or Owner User
APN/Parcel ID 31-30-22-33-0043, 31-30-22-33-0044
Description
The property consists of a two-story, 5,544-square-foot office building 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 also offers the ability to be divided into two approximately 1,386-square-foot suites for added flexibility.
Sale Notes
Rare opportunity to acquire a well-maintained office condominium within Blacktern Office Park. The main level offers an efficient office layout with existing improvements that support immediate occupancy for a professional office user or investor. The current owner is willing to discuss a leaseback arrangement, providing potential income stability for an investor while preserving future occupancy flexibility. Positioned within the Vadnais Heights/Little Canada office market, the property benefits from excellent regional access and proximity to a wide range of business services, retail amenities, and residential communities. This offering presents an attractive option for buyers seeking a professional office environment with flexibility for owner-occupancy or investment purposes.
Unit Unit Size Condo Use Price NOI
Unit 3254/3252 2,772 SF Office Upon Request -
Unit 3254/3252 2,772 SF Office Upon Request -

Unit 3254/3252

Unit Size
2,772 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 3254/3252

Unit Size
2,772 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 3254/3252

Unit Size 2,772 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 31-30-22-33-0043, 31-30-22-33-0044
Description
The property consists of a two-story, 5,544-square-foot office building 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 also offers the ability to be divided into two approximately 1,386-square-foot suites for added flexibility.</li></ul>
Sale Notes
The lower level condominium presents an opportunity to acquire immediately available office space within the established Blacktern Office Park. The existing floor plan supports a variety of professional office users and offers flexibility for single-user occupancy or division into two separate suites. Buyers can take advantage of the vacant status for immediate use, while investors may benefit from the ability to lease the space to one or multiple tenants. Located in the Vadnais Heights/Little Canada office market with convenient access to major transportation corridors, the property combines occupancy flexibility, efficient office improvements, and a desirable business park setting.</li></ul>

Unit 3254/3252

Unit Size 2,772 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 31-30-22-33-0043, 31-30-22-33-0044
Description
The property consists of a two-story, 5,544-square-foot office building 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 also offers the ability to be divided into two approximately 1,386-square-foot suites for added flexibility.</li></ul>
Sale Notes
Rare opportunity to acquire a well-maintained office condominium within Blacktern Office Park. The main level offers an efficient office layout with existing improvements that support immediate occupancy for a professional office user or investor. The current owner is willing to discuss a leaseback arrangement, providing potential income stability for an investor while preserving future occupancy flexibility. Positioned within the Vadnais Heights/Little Canada office market, the property benefits from excellent regional access and proximity to a wide range of business services, retail amenities, and residential communities. This offering presents an attractive option for buyers seeking a professional office environment with flexibility for owner-occupancy or investment purposes.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 5,544 SF
Property Type Office
Building Class B
Floors 2
Typical Floor Size 2,772 SF
Year Built 2000
Lot Size 0.11 AC
Parking Ratio 7.22/1,000 SF
Zoning C-1 - General Commercial Business

Amenities

  • Signage
  • Waterfront
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41374200

  • Date on Market: 7/21/2026

  • Last Updated:

  • Address: 3250-3254 Rice St, Saint Paul, MN 55126

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