When people shop this category, they line up starting prices. It is the only number that is easy to find, so it is the number that gets compared.
It is also the number that tells you the least.
The problem with a shell price
A shell price answers one question: what does it cost to get the keys? It does not answer the question you actually care about, which is what does it cost to have the thing you pictured.
Between those two numbers sits everything that is not in the shell. Heat. The second floor. Insulation. Windows. Doors. Utility service. Getting water to the space. Whatever the association assesses later for maintenance the building requires.
Two buildings can start tens of thousands of dollars apart and finish in the same place. Or the cheaper one finishes higher. You cannot know from the first number.
What is in the base price here
So that you can do the arithmetic yourself, here is the list:
- 100-amp electrical service, with one outlet
- Natural gas radiant in-floor heat, with a gas boiler
- A floor drain at the boiler
- An 18-foot concrete mezzanine, rated 120 pounds per square foot
- Concrete floors, poured to your plan after purchase
- Plumbing stub-in
- Insulated exterior walls
- Windows and doors
- A fiber line to the unit
- Its own water meter
- Access to the security camera system
Air conditioning is an owner option at build-out. Everything above is not.
What we are not going to do
We are not going to tell you what anybody else charges or what anybody else includes. We do not have their contracts and it would be beneath the building to guess.
What we will say is this: take that list, take it to whatever else you are considering, and ask what of it is included there. Then add up what is not. Compare the finished number.
If we come out even, we are happy with that outcome, because it means the conversation moved to the thing that actually differs — the building itself. Reinforced concrete block between every suite. Twenty-five feet of clear height. A concrete parking lot rather than asphalt. An exterior that never needs paint.
Where the number goes after that
One more thing worth saying out loud. This is deeded commercial real estate. You own it. It is an asset on your side of the ledger, not a monthly bill leaving it. That is a different category of purchase than renting space, and it should be evaluated differently.
Bring your list. We will go through ours line by line.
See the suites or get in touch. The sales offices are open in Unit D14, 5000 Odessa Ave NE, St. Michael.