Coon Rapids, MN Commercial Property for Sale (4 Real Estate Listings)
Coon Rapids, MN Real Estate Statistics
Average Price | $341K |
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Lowest Price | $11 |
Highest Price | $1.3M |
Total Listings | 179 |
Avg. Price/SQFT | $186 |
Property Types (active listings)
As of November 2, 2024 there are 4 active Coon Rapids, MN commercial real estate listings for sale with an average listing price of $517,506. The highest-priced commercial property listing is $1,275,000, while the lowest priced commercial property can be purchased for $11. Coon Rapids, MN Commercial properties for sale have an average price of $77 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 12,123 square feet of living space.
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Coon Rapids, MN Commercial Real Estate & Properties
Coon Rapids, Minnesota, is a thriving community with a strong economy and plenty of opportunity for commercial real estate investors. The city is home to various businesses, including retail, manufacturing, and healthcare.
There is a strong demand for commercial real estate in Coon Rapids, and investors see good investment returns. The city has various properties available for purchase or lease and many options for financing your investment.
Contact a local real estate agent today if you're considering investing in commercial real estate in Coon Rapids, Minnesota. They can help you find the perfect property for your needs and guide you through investing.
Coon Rapids, Minnesota's History
Coon Rapids, Minnesota, is a beautiful and historic city with many to offer residents and visitors. The city's name comes from the rapids that used to be present in the Upper Mississippi River near the mouth of Coon Creek. These rapids were removed when the Coon Rapids Dam was built in 1913. The dam served as a hydroelectric generator until 1966 when it was closed to the public and turned into the Coon Rapids Dam Regional Park. The dam is still an impressive sight and marks the head of navigation on the Upper Mississippi River waterway. Residents and visitors can enjoy all that Coon Rapids offers, from its rich history to its beautiful parks and trails.
Coon Rapids, Minnesota's Demographics
Coon Rapids is a city located in Anoka County, Minnesota. As of the 2010 census, the city had 61,476 people. The town's racial makeup was 86.0% White, 5.5% African American, 0.7% Native American, 3.5% Asian, 1.2% from other races, and 3.1% from two or more races. Hispanic or Latino of any race were 3.2% of the population. About 2.8% of families and 4.3% of the population were below the poverty line, including 4.8% of those under age 18 and 4.0% of those aged 65 or over.
Coon Rapids, Minnesota's Geographic Makeup
The City of Coon Rapids is situated north of Minneapolis, the county seat. U.S. Route 10, Minnesota State Highway 47, and Minnesota State Highway 610 are three main arterial routes that pass through the city. According to the United States Census Bureau, the city has a total area of 23.34 square miles (60.45 km2), of which 22.61 square miles (58.56 km2) is land and 0.73 square miles (1.89 km2) is water. The elevation of Coon Rapids is 860 ft (259 m). The geographic makeup of the city is diverse, with land areas comprising parks, businesses, and residential neighborhoods. The Mississippi River also flows through the city limits.
Coon Rapids, Minnesota‘s Economy
According to the latest data from the US Census Bureau, the median household income in Coon Rapids, Minnesota, is $76,169. This is slightly higher than the median household income for the state of Minnesota, which is $73,229. The highest median household income in Coon Rapids can be found in Census Tract 507.11, where the median income is $100,625. This is followed by Census Tract 507.07 and Census Tract 507.02, with respective median incomes of $95,843 and $86,027. These figures suggest that Coon Rapids is doing slightly better than the state's average median household income. However, it is essential to note that there is a significant amount of variation within the city itself, with some areas (such as Census Tract 507.11) doing much better than others.
Coon Rapids, Minnesota's Employment
Coon Rapids, Minnesota, is located in the northern part of the Twin Cities metropolitan area. As of 2019, the city had an estimated population of 63,479. The economy of Coon Rapids, MN, employs 35k people. The largest industries in Coon Rapids, MN, are Manufacturing (5,681 people), Health Care & Social Assistance (5,616 people), and Retail Trade (4,867 people). The median household income in Coon Rapids is $73,958, and the median family income is $93,293. The per capita income in Coon Rapids is $33,917. The unemployment rate in Coon Rapids is 3.3%. Coon Rapids is a diverse city with a strong economy. The city offers a variety of employment opportunities in different industries. There are many job opportunities available in Coon Rapids for those willing to work hard and have the necessary skillset. There are also many opportunities for advancement within companies located in Coon Rapids. The city's diverse economy allows residents to find employment in a field that interests them. Whether you're looking for a job in manufacturing, healthcare, retail, or another industry, you'll likely be able to find what you're looking for in Coon Rapids.
Why Commercial Real Estate In Coon Rapids, Minnesota?
Coon Rapids, Minnesota, is a great place to invest in commercial real estate. The city has a strong economy with various industries, providing residents with many employment opportunities. The median household income in Coon Rapids is higher than the median household income for the state of Minnesota, suggesting that the city is doing better than the average in terms of economic prosperity. Additionally, the per capita income in Coon Rapids is $33,917, which is higher than the per capita income for Minnesota ($32,347). This indicates that there is more disposable income available in Coon Rapids than in other parts of Minnesota.
The city's diversity makes it an ideal place to invest in commercial real estate. There are many different types of businesses and industries in Coon Rapids, so you'll be able to find the right property to suit your needs. Whether you're looking for retail space, office space, or industrial space, you'll be able to find it in Coon Rapids.