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.

Property Type

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
237 Richmond Street, St Paul

$275,000

237 Richmond Street, St Paul

0 Acres 600 SqFt Commercial MLS® # 6347099

Garage comes with two lifts, one air compressor, one used oil tank, and most everything you see fastened to the walls. Small 1/4 bathroom. Off street parking for eight cars. Central Saint Pa...

National Realty GuildRegional Multiple Listing Service of Minnesota Logo

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New
711 Main Street S, Beaver Bay

$200,000

711 Main Street S, Beaver Bay

1 Bath 1,500 SqFt Commercial MLS® # 6107277

A business opportunity in Beaver Bay, MN! A turn-key business all ready for you to get started with your own special touches. All equipment is already there, new owners can negotiate their o...

Gigi Maxwell Real Living Messina & Associates, Inc.Regional Multiple Listing Service of Minnesota Logo

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New
3805 Chicago Avenue, Minneapolis

$350,000

3805 Chicago Avenue, Minneapolis

0 Acres 1,240 SqFt Commercial MLS® # 6346478

Excellent opportunity to own a Mixed use Property right at HISTORIC GEORGE FLOYD SQUARE! This is a historic location is known around the world. It's the second building from the corner of 3...

Bridge Realty, LLCRegional Multiple Listing Service of Minnesota Logo

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433 Cleveland Avenue S, St Paul

$499,900

433 Cleveland Avenue S, St Paul

0 Acres 1,775 SqFt Commercial MLS® # 6330634

Don’t miss your opportunity to own this wonderful building in the heart of the Macalester Groveland neighborhood of Saint Paul. The building is currently being used as a day care center but...

RE/MAX ResultsRegional Multiple Listing Service of Minnesota Logo

Active
New
6699 Highway 169, Tower

$319,000

6699 Highway 169, Tower

2,116 SqFt Commercial MLS® # 144748

Remarkable Turn-Key Bar/Restaurant With Excellent Clientele History!! With Many New Updates, This Establishment Has Had a Complete Interior Remodel Including: New Kitchen Equipment, Plumbin...

Village RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
7035 Wayzata Boulevard, St Louis Park

$16

7035 Wayzata Boulevard, St Louis Park

0 Acres 3,190 SqFt Commercial MLS® # 6346549

Shell space located right off of 394 that would be perfect for any small to mid-sized office user. Small offices with a large common area allow for multiple different configurations of the s...

Caspian GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
11979 County Road 11, Burnsville

$299,900

11979 County Road 11, Burnsville

2,112 SqFt Commercial MLS® # 6346529

Move in ready office space...

Northstar Real Estate AssociatesRegional Multiple Listing Service of Minnesota Logo

Active
New
121 S Rum River Drive, Princeton

$800

↓ $7,200

121 S Rum River Drive, Princeton

0 Acres 750 SqFt Commercial MLS® # 6346311

Recently Remodeled Building: Storefront boasts a new custom glass vestibule & modern black & brick color pallet. Excellent Frontage: Rum River Drive is Princeton's main street and this build...

Keller Williams Premier RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
421 6th Street, Gaylord

$250,000

421 6th Street, Gaylord

1 Acres 5,000 SqFt Commercial MLS® # 6345666

Looking to start a business? Or need to store equipment, machinery, or even your toys? This is the property for you! With 5000 sqft in the brick building and another 1400 sqft in garages, th...

True Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
New
209 S Lakeshore Drive, Lake City

$2,500

209 S Lakeshore Drive, Lake City

0 Acres 1,800 SqFt Commercial MLS® # 6345350

Large commercial space for rent! Great opportunity to start your new business. This property consists of spacious front entry, a commercial kitchen, two large multi purpose rooms and updat...

Lakeshore Real Estate Krage & Associates, LLC.Regional Multiple Listing Service of Minnesota Logo

Active
New
522-17 Beltrami Avenue Nw, Bemidji

$595

522-17 Beltrami Avenue Nw, Bemidji

0 Acres 6,392 SqFt Commercial MLS® # 6346010

Suite 17 is a super-size office space that was previously a class room. This is a perfect space for sharing an office space or having your own private conference room. Utilities are include...

Andy Williams Realty Group, LLCRegional Multiple Listing Service of Minnesota Logo

Active
New
338 5th Avenue N, Bayport

$349,000

338 5th Avenue N, Bayport

0 Acres 1,087 SqFt Commercial MLS® # 6345946

Behold! A charming commercial building in Bayport, MN, brimming with potential is waiting for its next owner to unleash their creativity. The space, which was once a restaurant, has underg...

Realty Group LLCRegional Multiple Listing Service of Minnesota Logo

Active
New
522-09 Beltrami Avenue Nw, Bemidji

$495

522-09 Beltrami Avenue Nw, Bemidji

0 Acres 6,392 SqFt Commercial MLS® # 6345945

Suite 9 in the "Professional Building" This is a two room office suite with extra storage space in the lower level. Electricity, heat, AC included. perfect for someone who is just starting ...

Andy Williams Realty Group, LLCRegional Multiple Listing Service of Minnesota Logo

Active
New
1000 5th Street Se, Minneapolis

$4,500,000

1000 5th Street Se, Minneapolis

0 Acres 14,592 SqFt Commercial MLS® # 6345745

We are pleased to offer a recently developed 26 room, 56-60 bed capacity Multifamily and Special Use building For Sale at the University of Minnesota. Excellent like-new condition inside and...

RE/MAX ResultsRegional Multiple Listing Service of Minnesota Logo

Active
New
15875 Franklin Trail Se Station 6 Part Time, Prior Lake

$640

15875 Franklin Trail Se Station 6 Part Time, Prior Lake

2 Acres 212 SqFt Commercial MLS® # 6345674

Station 6 is a Part Time Station with a Weekly Rent of $160.00 Array Salon & Spa is a beautiful new salon in the Northgate Center, which is located in the heart of Prior Lake. The salon fea...

Greystone Real Estate GroupRegional Multiple Listing Service of Minnesota Logo

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New
15875 Franklin Trail Se Station 7 Full Time, Prior Lake

$780

15875 Franklin Trail Se Station 7 Full Time, Prior Lake

2 Acres 212 SqFt Commercial MLS® # 6345671

Station 7 is a Full Time Station with a Weekly Rent of $195. Array Salon & Spa is a beautiful new salon in the Northgate Center, which is located in the heart of Prior Lake. The salon feat...

Greystone Real Estate GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
15875 Franklin Trail Se Suite 4 Massage, Prior Lake

$780

15875 Franklin Trail Se Suite 4 Massage, Prior Lake

2 Acres 212 SqFt Commercial MLS® # 6345652

Suite 4 is a Massage Suite (No Sink) with a Weekly Rent of $195.00. Array Salon & Spa is a beautiful new salon in the Northgate Center, which is located in the heart of Prior Lake. The salo...

Greystone Real Estate GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
15875 Franklin Trail Se Suite 3 Esthetician, Prior Lake

$1,160

15875 Franklin Trail Se Suite 3 Esthetician, Prior Lake

2 Acres 212 SqFt Commercial MLS® # 6345637

Suite 3 is an Esthetician Suite (with Sink) with Weekly Rent of $290.00 Array Salon & Spa is a beautiful new salon in the Northgate Center, which is located in the heart of Prior Lake. The ...

Greystone Real Estate GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
15875 Franklin Trail Se Suite 2 Hair Suite, Prior Lake

$1,080

15875 Franklin Trail Se Suite 2 Hair Suite, Prior Lake

2 Acres 212 SqFt Commercial MLS® # 6345617

Suite 2 is a Hair Suite (with Sink) with Weekly Rent of $270.00. Array Salon & Spa is a beautiful new salon in the Northgate Center, which is located in the heart of Prior Lake. The salon f...

Greystone Real Estate GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
2417 Myers Road, Albert Lea

$1,100,000

2417 Myers Road, Albert Lea

4 Acres 14,720 SqFt Commercial MLS® # 6345573

2 Parcels with a total of 7.76 Acres. 2nd Parcel: 340700080 which has add'l 3.32 Acres. 14000+of office, storage, warehouse. Great location!...

Better Homes and Gardens Real Estate - All SeasonsRegional Multiple Listing Service of Minnesota Logo

Active
New
2116 Hoffman Road 2116, Mankato

$8

2116 Hoffman Road 2116, Mankato

2 Acres 22,136 SqFt Commercial MLS® # 6345226

Located in the strip mall by Happy Dans on South Victory Drive. There is plenty of parking and neighboring tenants include Happy Dans, Rush Liquor, JBJ Hair Salon, Laundry Max. Ample off str...

Landmark Realtors, LLCRegional Multiple Listing Service of Minnesota Logo


As of March 26, 2023 there are 1245 active Minnesota - Latest Listings! commercial real estate listings for sale with an average listing price of $515,301. The highest-priced commercial property listing is $9,500,000, while the lowest priced commercial property can be purchased for $0. Minnesota - Latest Listings! Commercial properties for sale have an average price of $18,304 per square foot, based on commercial listings with an average of 1.3 bedrooms, 2.0 bathrooms, and 6,402 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.