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405 Commerce Ct 43,399 SF Industrial Building Vadnais Heights, MN 55127 $4,950,000 ($114.06/SF)



INVESTMENT HIGHLIGHTS
- Located minutes from I-694 and Highway 61 for regional access
- Strong labor pool and business incentives in Vadnais Heights
- Near retail, dining, and service amenities
- Surrounded by established industrial and flex users
- Ideal for owner-user, light manufacturing, or warehouse use
- Positioned in a professionally managed business park
EXECUTIVE SUMMARY
Positioned in the heart of Vadnais Heights’ Commerce Park, 405 Commerce Ct offers a strategic opportunity for owner-users seeking a well-located industrial asset in the thriving northeast Twin Cities metro. This property benefits from proximity to major transportation corridors including I-694 and Highway 61, providing seamless access to downtown St. Paul, Minneapolis, and regional distribution routes.
Surrounded by a mix of light industrial, flex, and office users, the site is ideal for businesses requiring efficient logistics, warehousing, or light manufacturing capabilities. The area is known for its stable commercial base, strong labor pool, and supportive municipal environment. Vadnais Heights continues to attract industrial growth due to its business-friendly zoning and access to skilled workforce from nearby communities like White Bear Lake and Maplewood.
The property sits within a well-maintained business park with wide streets, ample parking, and mature landscaping. Its location also offers convenient access to retail amenities, dining, and service providers along County Road E and Centerville Road. Whether repositioned for single-tenant use or adapted for multi-tenant occupancy, 405 Commerce Ct presents a compelling value proposition in a supply-constrained industrial market.
Surrounded by a mix of light industrial, flex, and office users, the site is ideal for businesses requiring efficient logistics, warehousing, or light manufacturing capabilities. The area is known for its stable commercial base, strong labor pool, and supportive municipal environment. Vadnais Heights continues to attract industrial growth due to its business-friendly zoning and access to skilled workforce from nearby communities like White Bear Lake and Maplewood.
The property sits within a well-maintained business park with wide streets, ample parking, and mature landscaping. Its location also offers convenient access to retail amenities, dining, and service providers along County Road E and Centerville Road. Whether repositioned for single-tenant use or adapted for multi-tenant occupancy, 405 Commerce Ct presents a compelling value proposition in a supply-constrained industrial market.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,950,000 | No. Stories | 1 |
| Price Per SF | $114.06 | Year Built | 1994 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.04/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 22’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.85 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 43,399 SF | ||
| Zoning | Office Business District | ||
| Price | $4,950,000 |
| Price Per SF | $114.06 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.85 AC |
| Rentable Building Area | 43,399 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 1.04/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Office Business District |
AMENITIES
- Signage
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 20-30-22-23-0035 | Improvements Assessment | $3,525,900 |
| Land Assessment | $745,700 | Total Assessment | $4,271,600 |
PROPERTY TAXES
Parcel Number
20-30-22-23-0035
Land Assessment
$745,700
Improvements Assessment
$3,525,900
Total Assessment
$4,271,600
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Presented by
Frandsen Bank & Trust
405 Commerce Ct
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