Minnesota Commercial Property For Sale

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Minnesota Commercial Properties For Sale

Minnesota is a state with a diverse economy and a strong commercial property market. Commercial property refers to real estate used for business purposes, such as office buildings, retail stores, warehouses, and industrial facilities. If you're considering investing in Minnesota commercial property, here are some key factors to keep in mind.

Location

Location is a critical factor to consider when investing in commercial property. Minnesota has several major cities, including Minneapolis, St. Paul, Rochester, Duluth, and Bloomington, each with its own unique real estate market. The location of your commercial property can significantly impact its value and potential for growth. Consider factors such as accessibility, visibility, and proximity to major transportation routes and amenities.

Minneapolis Commercial Real EstateMinneapolis, MN is a vibrant and diverse city located in Minnesota, known for its picturesque lakes, art, music, and culture. It is the largest city in the state and is home to many notable landmarks, including the Chain of Lakes, the Minneapolis Sculpture Garden, and the Walker Art Center. The city's downtown area is bustling with activity, featuring numerous restaurants, shops, and entertainment venues. Minneapolis is also known for its extensive park system, which offers opportunities for biking, hiking, and outdoor recreation. The city has a thriving arts and music scene, with several theaters, museums, and music venues. Minneapolis is a great place to visit or live for those seeking a mix of urban amenities and natural beauty.

St. Paul Commercial Real EstateSt. Paul, MN is a historic city located in Minnesota, known for its charming neighborhoods, cultural attractions, and picturesque natural beauty. It is the state's capital city and is home to several landmarks, including the State Capitol Building, the Cathedral of St. Paul, and the Mississippi River. The city's downtown area features numerous restaurants, cafes, and shops, while the surrounding neighborhoods offer a more laid-back atmosphere with tree-lined streets and Victorian-era homes. St. Paul is also known for its extensive park system, which includes several large parks and lakes, offering residents and visitors opportunities for outdoor recreation. The city has a thriving arts and culture scene, with several theaters, museums, and galleries. St. Paul is a great place to live or visit for those seeking a mix of history, culture, and natural beauty.

Rochester, MN Commercial Real Estate - Rochester is a city located in southeastern Minnesota, known for its excellent healthcare, thriving economy, and natural beauty. The city is home to the Mayo Clinic, a world-renowned medical center that attracts patients from all over the world. Rochester's economy is diverse and robust, with several large employers in industries such as healthcare, education, and manufacturing. The city is situated in a picturesque natural setting, surrounded by rolling hills, forests, and rivers. Rochester has several parks and recreational areas, including the Quarry Hill Nature Center and the Silver Lake Park. The city also has a vibrant downtown area with numerous shops, restaurants, and entertainment venues. Rochester is a great place to live or visit for those seeking a mix of healthcare, economic opportunity, and natural beauty.

Duluth, MN Commercial Real Estate - Duluth is a charming city located in northeastern Minnesota, known for its beautiful natural scenery and rich history. The city is situated on the shores of Lake Superior, the largest freshwater lake in the world, and is surrounded by lush forests and rolling hills. Duluth is home to several notable landmarks, including the Aerial Lift Bridge, the Glensheen Historic Estate, and the Great Lakes Aquarium. The city's downtown area features numerous restaurants, shops, and entertainment venues, while the surrounding neighborhoods offer a more laid-back atmosphere with Victorian-era homes and tree-lined streets. Duluth is also known for its extensive park system, which includes several parks and recreational areas, offering residents and visitors opportunities for outdoor activities such as hiking, biking, and skiing. Duluth is a great place to live or visit for those seeking a mix of natural beauty and historic charm.

Bloomington, MN Commercial Real Estate - Bloomington is a suburban city located in Hennepin County, Minnesota, known for its excellent shopping, dining, and entertainment opportunities. The city is home to the Mall of America, the largest mall in the United States, which features hundreds of stores, restaurants, and entertainment venues. Bloomington is also home to several other shopping destinations, including the Southtown Shopping Center and the Galleria Edina. The city has several parks and recreational areas, including the Hyland Lake Park Reserve and the Normandale Lake Park. Bloomington is also home to the Minnesota Valley National Wildlife Refuge, a 14,000-acre protected area that offers opportunities for hiking, biking, and wildlife viewing. Bloomington is a great place to live or visit for those seeking excellent shopping, dining, and entertainment opportunities.

Commercial Property Types

Minnesota offers a variety of commercial property types to choose from, each with its own benefits and challenges. Office buildings may offer long-term leases and stable rental income, while retail properties may be more prone to turnover and require more hands-on management. Industrial facilities may require more maintenance and upkeep but can offer higher rental rates. Consider your investment goals and risk tolerance when selecting a commercial property type.

Market Trends

Understanding the current market trends in Minnesota can help you make informed investment decisions. Commercial property market trends can vary based on property type, location, and economic conditions. Working with a real estate professional who specializes in commercial property can help you stay up-to-date on market trends and identify investment opportunities.

Financing

Financing a commercial property investment can be a complex process. Commercial property loans typically require higher down payments and may have stricter lending requirements than residential property loans. Working with a lender who specializes in commercial property financing can help you secure the best terms and rates for your investment.

Legal Considerations

Investing in commercial property in Minnesota requires navigating a complex legal landscape. Zoning regulations, environmental laws, and leasing contracts are just a few of the legal considerations you'll need to navigate. Working with a real estate attorney who specializes in commercial property can help you avoid legal pitfalls and ensure a smooth transaction.

In conclusion, investing in commercial property in Minnesota can offer a stable source of income and long-term growth potential. Location, property type, market trends, financing, and legal considerations are all critical factors to consider when selecting a commercial property investment. Working with experienced professionals who can guide you through the investment process can help you achieve your investment goals and minimize risk.

Minnesota Commercial Property For Sale - Latest Listings!

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New
115 S Farwell Street, Verndale

$44,900

115 S Farwell Street, Verndale

0 Acres 1,600 SqFt Commercial MLS® # 6464075

Cute storefront or office on this commercial building in a great location in Verndale. The storefront has over 800 finished square feet ready to set up your office or your business. The ba...

Centennial RealtyRegional Multiple Listing Service of Minnesota Logo

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New
8383 Izatys Road, South Harbor Twp

$4,000,000 Lake Mille Lacs

8383 Izatys Road, South Harbor Twp

485 Acres 10,800 SqFt Commercial MLS® # 6463540

Izatys is on the brink of its exciting next chapter, continuing legacy that dates back to the 1920s. Nestled along the picturesque shores of Lake Mille Lacs, this iconic resort has stood as ...

Century 21 AtwoodRegional Multiple Listing Service of Minnesota Logo

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13601 80th Circle N 200, Maple Grove

$20

13601 80th Circle N 200, Maple Grove

1 Acres 6,656 SqFt Commercial MLS® # 6463393

Prime office space for lease in the heart of Maple Grove with ample parking and great visibility from Hwy 94/694. Formerly built out as a medical space with multiple exam rooms, labs, office...

Keller Williams Classic Rlty NWRegional Multiple Listing Service of Minnesota Logo

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New
545 8th Avenue Ne, St Joseph

$749,900

545 8th Avenue Ne, St Joseph

4 Acres 5,040 SqFt Commercial MLS® # 6460632

A nice multi-building property available for purchase or lease. Building 1 is 136x40 and has been used by heating & cooling company for the last 42 years. It offers a 1600 sq ft showroom w...

Keller Williams Integrity NWRegional Multiple Listing Service of Minnesota Logo

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New
1043 Payne Avenue, St Paul

$162,500

1043 Payne Avenue, St Paul

0 Acres 924 SqFt Commercial MLS® # 6463879

Perfect stand alone building at an affordable price! Former dentist office with full basement that is neat and clean! Off-street parking, receptionist area, receptionist desk, office, 3 cons...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

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New
1317 E Bridge Street, Redwood Falls

$650,000

1317 E Bridge Street, Redwood Falls

1 Acres 10,000 SqFt Commercial MLS® # 6463127

Turnkey commercial property in a high-traffic area. This fully-equipped Rental business for home or Lawn includes inventory, bathrooms, office space, a retail floor, loading docks, and exten...

Kerkhoff Auction & Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
New
15870 Franklin Trail Se, Prior Lake

$1,300,000

15870 Franklin Trail Se, Prior Lake

2 Acres 6,732 SqFt Commercial MLS® # 6463832

Rare opportunity to obtain 2.33 acres with 186 feet of frontage on State Hwy 13 in Prior Lake. Multiple access for possible retail, hotel, restaurants, apartment/condos with retail, funeral ...

Berkshire Hathaway HomeServices North PropertiesRegional Multiple Listing Service of Minnesota Logo

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New
4656 County Road 61, Moose Lake Twp

$1,900,000

4656 County Road 61, Moose Lake Twp

3 Acres 11,500 SqFt Commercial MLS® # 6463338

Route 61, Restaurant, Lounge & Bowling. This business has been in this established location for over 60 years. The current owners have been here for over a decade and are ready to move on to...

Majestic Pine Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
101 Front Street E, Redwood Falls

$164,900

101 Front Street E, Redwood Falls

0 Acres 3,456 SqFt Commercial MLS® # 6463766

Here is a great business opportunity to own your own business. This bar/restaurant has been a local hotspot for many years. There have been many updates inside and out including new siding...

Re/Max Realty PlusRegional Multiple Listing Service of Minnesota Logo

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New
37 & 41 12th Avenue N, Hopkins

$1,250,000

37 & 41 12th Avenue N, Hopkins

0 Acres 5,384 SqFt Commercial MLS® # 6462768

Church building and single-family home for sale together. Single Family Home: 1,253 sf built 1905 Church Building: 8,262 sf, built 1926 Zoning allows for up to 28 units total on the 2 parce...

Christianson & CompanyRegional Multiple Listing Service of Minnesota Logo

Active Contingent
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1601 5th Street Sw, Willmar

$780,000

1601 5th Street Sw, Willmar

1 Acres 4,392 SqFt Commercial MLS® # 6463554

Add this apartment to your Portfolio. Low Maintenance and currently professionally managed. Units are super clean and spotlessly meticulously maintained. If you have a 1031 exchange that nee...

Edina RealtyRegional Multiple Listing Service of Minnesota Logo

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New
2400 Dupont Avenue S, Minneapolis

$800,000

2400 Dupont Avenue S, Minneapolis

0 Acres 1,908 SqFt Commercial MLS® # 6463553

Very clean and well maintained 6 Unit building in the Wedge. Owner/managed for many years and it shows. Nice mix of unit sizes. Property has rarely had a vacancy....

Leverage RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
222 3rd Avenue Nw, Faribault

$499,900

222 3rd Avenue Nw, Faribault

0 Acres 7,028 SqFt Commercial MLS® # 6462853

Endless opportunities await the next owner of this rare commercial space in historic Faribault, Minnesota. Boasting over 11,000 finished square feet, this building offers updated windows, ne...

Weichert, REALTORS- HeartlandRegional Multiple Listing Service of Minnesota Logo

Active
New
718 Washington Avenue N 302, Minneapolis

$21

718 Washington Avenue N 302, Minneapolis

1 Acres 1,890 SqFt Commercial MLS® # 6462509

1890 SF of creative space available in the North Loop! Perfect for many different uses including intimate and growing teams. Unit #305 is also available! Walk to Parlour, Borough, Bar LaGras...

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
718 Washington Avenue N 305, Minneapolis

$21

718 Washington Avenue N 305, Minneapolis

1 Acres 1,880 SqFt Commercial MLS® # 6462507

1890 SF of creative space available in the North Loop! Perfect for many different uses including intimate and growing teams. Unit #302 is also available! Walk to Parlour, Borough, Bar LaGras...

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
718 Washington Avenue N 302, Minneapolis

$375,000

718 Washington Avenue N 302, Minneapolis

1 Acres 1,890 SqFt Commercial MLS® # 6462498

1890 SF of creative space available in the North Loop! Perfect for many different uses including intimate and growing teams. Unit #305 is also available! Walk to Parlour, Borough, Bar LaGras...

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
718 Washington Avenue N 305, Minneapolis

$250,000

718 Washington Avenue N 305, Minneapolis

1 Acres 1,880 SqFt Commercial MLS® # 6462497

1890 SF of creative space available in the North Loop! Perfect for many different uses including intimate and growing teams. Unit #302 is also available! Walk to Parlour, Borough, Bar LaGras...

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
1887 Randolph Avenue, St Paul

$595,000

1887 Randolph Avenue, St Paul

0 Acres 1,206 SqFt Commercial MLS® # 6463390

Freestanding commercial building in desirable Highland Park/ Macalester Groveland in excellent condition! Built in 1923 & fully renovated over the past 15 years. Updated electrical, plumbi...

Grand Real Estate AdvisorsRegional Multiple Listing Service of Minnesota Logo

Active
New
507 N Nokomis Street C, Alexandria

$1,500

507 N Nokomis Street C, Alexandria

3 Acres 7,957 SqFt Commercial MLS® # 6461967

1,312 sq ft corner office suite for lease on the main level of the Cornerstone Building. Very well maintained building with plenty of parking. Suite includes reception area, multiple office ...

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
3322 Chicago Avenue, Minneapolis

$1,000,000

3322 Chicago Avenue, Minneapolis

0 Acres 2,400 SqFt Commercial MLS® # 6463371

Just appraised for 1.53m! Incredible opportunity - 1.2 million $ renovation funded by insurance company (storm damage) includes BRAND NEW roof, ALL windows, plumbing, electrical, flooring, b...

BRIX Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
New
13739 Lincoln Street Ne, Ham Lake

$14

13739 Lincoln Street Ne, Ham Lake

1 Acres 14,218 SqFt Commercial MLS® # 6463330

...

Caspian GroupRegional Multiple Listing Service of Minnesota Logo


As of November 28, 2023 there are 1496 active Minnesota - Latest Listings! commercial real estate listings for sale with an average listing price of $555,999. The highest-priced commercial property listing is $12,500,000, while the lowest priced commercial property can be purchased for $0. Minnesota - Latest Listings! Commercial properties for sale have an average price of $27,015 per square foot, based on commercial listings with an average of 1.2 bedrooms, 2.1 bathrooms, and 5,971 square feet of living space.

Buying Commercial Real Estate in Minnesota

Minnesota is a bustling state with a growing economy that offers numerous opportunities for businesses to flourish. If you're considering buying commercial property in Minnesota, you've made a wise decision. But before you jump in, it's essential to understand what you're getting into and the factors that can influence your decision.

Location Matters

The first thing to consider when buying commercial property is the location. Minnesota is a big state, and the location of your property can significantly impact your business's success. For example, if you plan to start a retail business, you should look for a property in a high-traffic area with easy access and visibility. On the other hand, if you plan to start a manufacturing business, you should look for a property with ample space, good infrastructure, and close proximity to transportation routes.

Financing Options

Another essential factor to consider when buying commercial property is financing. You can either finance the purchase yourself or seek financing from a lender. It's important to do your research and compare financing options before making a decision. Some lenders may require a larger down payment for commercial property than they would for residential property. Additionally, you may have to pay a higher interest rate for commercial property financing.

Property Inspection

Before buying any commercial property in Minnesota, it's essential to conduct a thorough inspection of the property. You should hire a professional inspector who can identify any potential problems with the property, such as structural damage, electrical issues, or plumbing problems. This inspection can help you negotiate a better deal or avoid buying a property that requires significant repairs.

Zoning Laws

Zoning laws are another essential factor to consider when buying commercial property in Minnesota. Zoning laws regulate how land can be used in a particular area. It's important to understand the zoning laws in the area where you plan to buy a property. If the property is not zoned for the type of business you plan to run, you may have to apply for a variance or rezone the property, which can be a lengthy and costly process.

Environmental Concerns

Environmental concerns are another factor to consider when buying commercial property in Minnesota. The state has strict environmental laws that regulate how businesses can dispose of waste and chemicals. You should conduct an environmental assessment of the property before buying it to identify any potential environmental risks. If you discover any environmental concerns, you may have to take steps to mitigate them, which can be expensive.

In conclusion, buying commercial property in Minnesota can be a wise investment if you understand the factors that can influence your decision. Location, financing options, property inspection, zoning laws, and environmental concerns are all critical factors to consider before making a purchase. Take the time to do your research and consult with professionals to ensure that you make a wise investment that will help your business thrive.

Selling Commercial Real Estate in Minnesota

If you own commercial property in Minnesota, you may be considering selling it for a variety of reasons. Perhaps you're ready to retire or move on to a new business venture. Whatever your motivation, selling commercial property can be a complex process that requires careful consideration and planning. Here are some important factors to keep in mind when selling commercial property in Minnesota.

Market Conditions

Before putting your property on the market, it's important to understand the current market conditions. Factors such as interest rates, supply and demand, and economic indicators can all impact the price you're able to get for your property. Working with a real estate agent who specializes in commercial property can help you assess the current market conditions and determine the best time to sell.

Valuation

Determining the value of your commercial property is a critical step in the selling process. A professional appraiser can assess the property's value based on factors such as location, size, condition, and comparable sales in the area. This valuation can help you determine a realistic asking price and negotiate with potential buyers.

Marketing & Promotion

Once you've determined the value of your property, it's time to start marketing it to potential buyers. Working with a real estate agent who has experience selling commercial property can help you create an effective marketing strategy that reaches the right buyers. This may include online listings, print ads, direct mail campaigns, and networking with other real estate professionals.

Legal Considerations

Selling commercial property in Minnesota involves a number of legal considerations. You'll need to work with a real estate attorney who can help you navigate the complex legal requirements for transferring ownership of the property. This may include drafting a purchase agreement, reviewing title documents, and resolving any zoning or environmental issues that could impact the sale.

Tax Implications

Selling commercial property can have significant tax implications. You may be subject to capital gains taxes on the profit from the sale, as well as other taxes and fees associated with the transfer of ownership. Working with a tax professional can help you understand the tax implications of selling your property and develop a plan for minimizing your tax liability.

In conclusion, selling commercial property in Minnesota requires careful consideration and planning. Understanding the current market conditions, determining the value of your property, creating an effective marketing strategy, navigating legal requirements, and managing tax implications are all critical factors to consider. Working with experienced professionals who can guide you through the selling process can help you achieve a successful sale that meets your goals and objectives.

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