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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611 Main Street, Walnut Grove

$65,000

611 Main Street, Walnut Grove

0 Acres 1,500 SqFt Commercial MLS® # 6558212

Great Opportunity to become a part of the town known as Laura Ingalls Wilder’s childhood home! This solid built brick building has 1500 sq ft of retail and work space on the main floor with...

River City Real EstateRegional Multiple Listing Service of Minnesota Logo

ACTIVE
New
1549 Highway 61, Two Harbors

$299,000

1549 Highway 61, Two Harbors

3 Acres 11,252 SqFt Commercial MLS® # 6114478

Excellent exposure on Hwy 61/North Shore. Great show floor area with reception and work shop space in the back. The area that was being worked on for living area has some new cabinets, plu...

Sue Bott RE/MAX ProdigyRegional Multiple Listing Service of Minnesota Logo

Active
New
118 S Main Street, Medford

$359,787

118 S Main Street, Medford

0 Acres 4,154 SqFt Commercial MLS® # 6558254

Great business opportunity located less than a mile off of I35 and on County Road 45 in Medford. This building is currently used as school/day care....

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo

Active
New
4147 Us Highway 75, St Vincent Twp

$99,000

4147 Us Highway 75, St Vincent Twp

2 Acres 4,956 SqFt Commercial MLS® # 6558172

Steeped in history, going back to the ox carts, there are endless possibilities in this unique building! The former Noyes Port of Entry sits along HWY 75 and is rich in history, waiting for ...

USA RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
212 Court Avenue, Park Rapids

$199,000

212 Court Avenue, Park Rapids

0 Acres 4,410 SqFt Commercial MLS® # 6550204

Business or spiritual opportunity with a great location in the center of Park Rapids. Year-round building with city utilities, stained glass windows, multiple offices, 4 bathrooms and it is ...

Affinity Real Estate Inc.Regional Multiple Listing Service of Minnesota Logo

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New
915 7th Street S, St Cloud

$1,033,879

915 7th Street S, St Cloud

1 Acres 3,072 SqFt Commercial MLS® # 6558003

Apartments by Lake George, a 12-unit apartment building conveniently located in Saint Cloud. Very Walkable/Bikeable location within walking distance to Lake George, City Hall, Restaurants, D...

Coldwell Banker CommercialRegional Multiple Listing Service of Minnesota Logo

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New
1486 County 5 Nw, Longville

$89,900

1486 County 5 Nw, Longville

0 Acres 2,047 SqFt Commercial MLS® # 6557982

Located right on Main Street in the heart of Longville, this exceptional commercial building is your gateway to success! Boasting a strategic location amidst the bustling charm of lake count...

Bill Hansen Realty/LongvilleRegional Multiple Listing Service of Minnesota Logo

Active
New
111 State Street S, Garfield

$599,999

111 State Street S, Garfield

2 Acres 9,448 SqFt Commercial MLS® # 6557071

Garfield Marine and Storage, and Central Minnesota Excavating occupy this location in Garfield Mn. The real-estate consists of 1.16 Ac and 5 buildings totaling 9448 sq ft. The main buildin...

Counselor Realty Inc of AlexRegional Multiple Listing Service of Minnesota Logo

Active
New
30591 350th Ave, Amor Twp

$120,000

30591 350th Ave, Amor Twp

5 Acres 1,944 SqFt Commercial MLS® # 6556995

Located in the heart of Otter Tail County between Otter Tail and Pickerel Lakes, Flatlander Storage is a new location granting easy access to and from your lake. These buildings feature a 3...

Trilogy Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
New
14250 Ewing Avenue S, Burnsville

$1,199,000

14250 Ewing Avenue S, Burnsville

1 Acres 6,050 SqFt Commercial MLS® # 6557778

Great opportunity for business, autobody, car repair warehouse, manufacturing. Large parking for expanding 5500 sq ft warerehouse, outdooor storage here for vehicles or boats,...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
2610 Broadway Avenue, Slayton

$78,900

2610 Broadway Avenue, Slayton

0 Acres 3,500 SqFt Commercial MLS® # 6557464

Introducing a prime commercial property that combines convenience, versatility, and ample space located in the heart of downtown Slayton. With 3,500 square feet of space the main level offer...

Creative Three, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
120 & 124 W Hatting Street, Luverne

$8,750,000

120 & 124 W Hatting Street, Luverne

3 Acres 18,000 SqFt Commercial MLS® # 6536480

In 2022, Luverne, Minnesota welcomed two award-winning energy-efficient apartment buildings, each comprising 27 units. These pioneering structures are designed to meet the highest environmen...

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

Active
New
7331 Baker Street Ne, Fridley

$2,195,000

7331 Baker Street Ne, Fridley

2 Acres 13,500 SqFt Commercial MLS® # 6557441

...

Newmark Knight FrankRegional Multiple Listing Service of Minnesota Logo

Coming Soon
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221 Union Street S, Mora

$169,900

221 Union Street S, Mora

0 Acres 2,560 SqFt Commercial MLS® # 6557318

Income producing professional services building, tax accountant, lawyer, physical therapy currently renting in great location in downtown Mora. Seven parking spaces on West side of building,...

RE/MAX Select, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
New
605 N Main Street, Austin

$450,000

605 N Main Street, Austin

0 Acres 2,800 SqFt Commercial MLS® # 6556767

Come look at this 8 unit apt building. It is right on main street and across form the public pool, within walking distance of the restaurants and shops on main st and the walking/biking trai...

Homes Plus RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
30968 S Washington Avenue, Pequot Lakes

$259,900

30968 S Washington Avenue, Pequot Lakes

0 Acres 1,824 SqFt Commercial MLS® # 6550832

Prime investment opportunity in a dual-tenant office building. One unit is already leased, leaving a perfect space available for your business or for rental income. Situated just off Main St...

Real Broker, LLCRegional Multiple Listing Service of Minnesota Logo

Active
New
7401 Bush Lake Road, Edina

$18

7401 Bush Lake Road, Edina

4 Acres 55,619 SqFt Commercial MLS® # 6556883

...

Caspian GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
471 Marschall Road, Shakopee

$16

471 Marschall Road, Shakopee

3 Acres 26,460 SqFt Commercial MLS® # 6556877

...

Caspian GroupRegional Multiple Listing Service of Minnesota Logo

Active
New
192 Us Highway 212 A, Granite Falls

$1,500

192 Us Highway 212 A, Granite Falls

14,000 SqFt Commercial MLS® # 6556709

Spacious Warehouse/Storage available for lease. Tired of cramped storage hindering your business growth? Look no further! We have a prime warehouse/storage unit available for lease in a conv...

Weichert REALTORS Tower PropertiesRegional Multiple Listing Service of Minnesota Logo

Active
New
26468 Us 71, Park Rapids

$799,900

26468 Us 71, Park Rapids

18 Acres 6,204 SqFt Commercial MLS® # 6556758

Evergreen Fun Park for Sale! The property has 1600 Feet of Highway Frontage and Approximately 23 Acres, providing high visibility and leaving room for expansion! The main building includes a...

Wolff & Simon Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
New
315 West Main Street, Ada

$115,000

315 West Main Street, Ada

0 Acres 4,500 SqFt Commercial MLS® # 6556392

Turn Key Opportunity! Successful Business that is currently in operation. Office Supplies Plus has been in business for nearly 20 years and is a staple of downtown Ada. Providing services an...

Home Crown Realty LLCRegional Multiple Listing Service of Minnesota Logo


As of June 22, 2024 there are 1585 active Minnesota - Latest Listings! commercial real estate listings for sale with an average listing price of $602,033. The highest-priced commercial property listing is $14,500,000, while the lowest priced commercial property can be purchased for $0. Minnesota - Latest Listings! Commercial properties for sale have an average price of $27,633 per square foot, based on commercial listings with an average of 1.3 bedrooms, 2.5 bathrooms, and 7,088 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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