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404-536 Whiskey Rd NW - Rum River Mall 2,400 - 2,464 SF Office/Retail Condo Units Offered at $299,900 - $315,000 Per Unit in Isanti, MN 55040
Investment Highlights
- Well-appointed space including a large conference room, open office, and break areas.
- Located near major roadways, providing easy access for clients and employees.
- Ample natural light due to glass frontage on two sides.
- Two bathrooms and one shower support staff comfort and operational flexibility.
- Ideal for professional services or other office users seeking a functional work environment.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Investment or Owner User | No. Parking Spaces | 43 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 43 |
Description
Exceptional Investment or Owner-User Opportunity – Rum River Business Condominiums (Units K & L).
Discover a rare opportunity to own two beautifully finished commercial units within the Rum River Business Condominiums. Units K & L are currently leased by three long-standing tenants operating within the same footprint and sharing well-appointed common areas including restrooms, a break room, copy center, conference room, and reception area. With flexible floor plans and a drive-through option on the end unit, the property presents excellent potential for reconfiguration into two fully separate spaces or continue to utilize as one 2,464 square foot suite. Perfectly suited for investors and owner-users alike, the property boasts a strong cap rate of over 12% with existing tenants eager to remain. However, current lease agreements are structured to accommodate an owner-occupant if desired. Creative ownership structures are possible, and fractional ownership rights to common elements are detailed in the CIC documents. Recent upgrades include a new roof (2022) and new parking lot that was just completed in June 2025. This association-maintained property offers a hassle-free ownership experience, with dues covering all grounds maintenance, snow removal, trash, water/sewer, exterior electricity, building insurance, fire suppression system, and management services. NDA required and is available to qualified buyers.
Discover a rare opportunity to own two beautifully finished commercial units within the Rum River Business Condominiums. Units K & L are currently leased by three long-standing tenants operating within the same footprint and sharing well-appointed common areas including restrooms, a break room, copy center, conference room, and reception area. With flexible floor plans and a drive-through option on the end unit, the property presents excellent potential for reconfiguration into two fully separate spaces or continue to utilize as one 2,464 square foot suite. Perfectly suited for investors and owner-users alike, the property boasts a strong cap rate of over 12% with existing tenants eager to remain. However, current lease agreements are structured to accommodate an owner-occupant if desired. Creative ownership structures are possible, and fractional ownership rights to common elements are detailed in the CIC documents. Recent upgrades include a new roof (2022) and new parking lot that was just completed in June 2025. This association-maintained property offers a hassle-free ownership experience, with dues covering all grounds maintenance, snow removal, trash, water/sewer, exterior electricity, building insurance, fire suppression system, and management services. NDA required and is available to qualified buyers.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit F & G | 2,400 SF | Office/Retail | $299,900 ($124.96/SF) | - |
| Unit K & L | 2,464 SF | Office/Retail | $315,000 ($127.84/SF) | - |
Unit F & G
| Unit Size |
| 2,400 SF |
| Condo Use |
| Office/Retail |
| Price |
| $299,900 ($124.96/SF) |
| NOI |
| - |
Unit K & L
| Unit Size |
| 2,464 SF |
| Condo Use |
| Office/Retail |
| Price |
| $315,000 ($127.84/SF) |
| NOI |
| - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit F & G
| Unit Size | 2,400 SF |
| Condo Use | Office/Retail |
| Price | $299,900 ($124.96/SF) |
| NOI | - |
| Sale Type | Owner User |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit K & L
| Unit Size | 2,464 SF |
| Condo Use | Office/Retail |
| Price | $315,000 ($127.84/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 43 |
| Description | |
|
Exceptional Investment or Owner-User Opportunity – Rum River Business Condominiums (Units K & L). Discover a rare opportunity to own two beautifully finished commercial units within the Rum River Business Condominiums. Units K & L are currently leased by three long-standing tenants operating within the same footprint and sharing well-appointed common areas including restrooms, a break room, copy center, conference room, and reception area. With flexible floor plans and a drive-through option on the end unit, the property presents excellent potential for reconfiguration into two fully separate spaces or continue to utilize as one 2,464 square foot suite. Perfectly suited for investors and owner-users alike, the property boasts a strong cap rate of over 12% with existing tenants eager to remain. However, current lease agreements are structured to accommodate an owner-occupant if desired. Creative ownership structures are possible, and fractional ownership rights to common elements are detailed in the CIC documents. Recent upgrades include a new roof (2022) and new parking lot that was just completed in June 2025. This association-maintained property offers a hassle-free ownership experience, with dues covering all grounds maintenance, snow removal, trash, water/sewer, exterior electricity, building insurance, fire suppression system, and management services. NDA required and is available to qualified buyers. |
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 | 14,400 SF | Typical Floor Size | 14,400 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront Retail/Office | Lot Size | 3.36 AC |
| Building Class | B | Parking Ratio | 3/1,000 SF |
| Floors | 1 | ||
| Zoning | B1 - Commercial | ||
| Total Building Size | 14,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 14,400 SF |
| Year Built | 2005 |
| Lot Size | 3.36 AC |
| Parking Ratio | 3/1,000 SF |
| Zoning | B1 - Commercial |
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
404-536 Whiskey Rd NW - Rum River Mall