I've only seen one successful project that was able to convert a business office to residential apartments/condos. If I remember correctly, the building had bee

I've only seen one successful project that was able to convert a business office to residential apartments/condos. If I remember correctly, the building had been vacant for a while (it was built in 1986) and the company who bought it got a really good deal and so the conversion was able to happen without having a massive amount to overcome in order to be profitable. The building just had the perfect layout and structure that made it suitable for a conversion. Ironically, the developer filed bankruptcy during the 2008 housing collapse and several other conversions he was aiming to do also went under. Here's some information about the project: Cloud 9 Sky Flats: https://www.homes.com/building/cloud-9-at-sky-flats-minnetonka-mn/psxcc29q9w658/ https://www.homes.com/building/cloud-9-at-sky-flats-minneton... A recent article about one of the condos going up for sale: https://www.startribune.com/corporate-office-turned-condo-in-minnetonka-could-be-yours-for-379000/600360285/#9 https://www.startribune.com/corporate-office-turned-condo-in...