Under Construction

This state-of-the-art facility is being developed by Interstate Partners, with occupancy available June 2012.

Facility has 24′ clear with dock and drive-in loading and excellent access to I-494, Hwy 52.  The development is located less than 12 miles from the Minneapolis/St. Paul International Airport and 7 miles from the St. Paul Airport.

Interior and exterior rail-served, outside storage allowed, located on freeway off-ramp. Great rates at $2.75 triple net.

Great opportunity to own your own building and lease a portion to another user!

Long-established retail on corner location of a total of 16,255 square feet.  Main level is nearly 10,000 square feet but could be subdivided.  Includes two drive up doors.  Aggressively priced at $475,000, well below assessed value.

Please mark your calendars and plan to attend the River Heights Chamber of Commerce and Progress Plus Annual Meeting!

Thursday, February 16, 2012
5:30 – 8 p.m.
Southview Country Club
239 East Mendota Road, West St. Paul, MN 55118

$45/person – dinner and program
RSVP and see more details here!

Great small office building offering four separate secure office suites, plenty of off-street parking, river views and much more!

For Sale: Price $360,000 (Contract for Deed available)

Current monthly payment $2,923

Annual taxes NOT included in monthly payment $10,700

Approx. 4,000 square feet

Owner occupied.

Four separate secure office spaces each with security systems.

Basement on North end of the building

Two separate off street parking lots (one on North of bldg. and one on South end)

High traffic area (10,000 cars per day)

Revenue available from Clear Channel Billboard on roof ($2,300)

Drive-In loading dock

Current owner will stay in building if new owner needs rental income.

High quality office space for lease in an easily accessed location!  Easy access from I-494, ample parking, and just minutes from downtown St. Paul.  Only 10 minutes from MSP International Airport.

Is Inver Grove Heights well-positioned to attract new businesses and development, or is it hindered by unique obstacles that discourage commercial growth?

The answer is both, according to a bevy of city officials and community members.

This year, Inver Grove Heights took several steps that local officials say will help the city improve its “business-friendly” image, including the re-establishment of an Economic Development Authority, a $1.25 million deal with a developer that brought Target to town and the hiring of a consultant to update the Concord Boulevard redevelopment plan.

As the economy improves, Community Development Director Tom Link hopes the the city’s recent efforts will bear fruit for the city’s business community. But he and other local officials say the city still faces some innate challenges that impede its hunt for new development.

Chief among those, according to Progress Plus representative Ellen Waters, is Inver Grove Heights’ own geography. Progress Plus, which is not affiliated with the city, serves as a link between city officials, the River Heights Chamber of Commerce and prospective developers or entrepreneurs looking for more information about the city.

Read more on this article here

The developer of this project, Interstate Partners – Minnesota, worked closely with the City of South St. Paul and the South St. Paul Housing and Redevelopment Authority to complete the project. Greg Miller, President of Interstate Partners-Minnesota, said, “This will be the first new office/warehouse building developed in the area in quite some time. It is well located, very functional and well constructed. It gives growing and successful tenants in the region an attractive alternative to the older space currently available in the market.”

Just a few blocks away, on Hardman Court, construction on another new building was started.. This 14,000 square foot building will be home to a law firm and the headquarters of an existing South St. Paul business that needs additional office space.

South St. Paul Mayor, Beth Baumann, commented that, “These two projects represent the start of a new era of investment in our community. The completion of the Wakota Bridge and the improving economy ,create the opportunity for South St. Paul to attract significant development, jobs and tax base. Businesses and developers tell us repeatedly that our location adjacent to I494 and availability of land for development make us an ideal location.”

Progress Plus is an economic development partnership that works to attract businesses to South St. Paul and Inver Grove Heights.  For more information, contact Jennifer Gale at 651.451.2266 ext. 1031.

Small Business Incubation Space

The River Heights Chamber of Commerce has a furnished small business incubation office and reception area of approximately 650 sq. ft. available in the Chamber of Commerce building located at 5782 Blackshire Path in Inver Grove Heights.   Rent is approximately $600 a month (negotiable) which includes parking, cleaning, utilities, maintenance, a separate secured entry point and patio access.  Security system monitoring included.  A  conference area is available by reservation for presentations and customer meetings.  Optional use of color copier, postage machine, fax machine and wireless internet.