Cottage Grove, MN Commercial Property for Sale (1 Real Estate Listings)
Cottage Grove, MN Real Estate Statistics
| Average Price | $467K |
|---|---|
| Lowest Price | $90K |
| Highest Price | $1.3M |
| Total Listings | 210 |
| Avg. Price/SQFT | $206 |
Property Types (active listings)
As of September 11, 2024 there are 1 active Cottage Grove, MN commercial real estate listings for sale with an average listing price of $590,000. The highest-priced commercial property listing is $590,000, while the lowest priced commercial property can be purchased for $590,000. Cottage Grove, MN Commercial properties for sale have an average price of $268 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 2,200 square feet of living space.
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Cottage Grove, MN Commercial Real Estate & Properties
Cottage Grove is a beautiful city in Minnesota that offers plenty of opportunities for those in the commercial real estate industry. The city is home to many businesses and organizations, making it a great place to invest in commercial property. There are several things to consider when looking for commercial real estate in Cottage Grove, Minnesota, and this guide will help you get started.
When searching for commercial real estate in Cottage Grove, it is vital to consider the property's location. The city is divided into four quadrants: North, South, East, and West. Each quadrant has unique benefits and drawbacks, so it is essential to consider what you need from a location before deciding.
For example, properties in the North quadrant are typically closer to downtown Minneapolis, while properties in the South are usually closer to the airport. East and West quadrants offer a more suburban feel but still have access to all the amenities of the city. One of our real estate agents can help you choose the right location for your needs.
In addition to location, you will also need to consider the type of property you are interested in. Cottage Grove has various commercial real estate options, from office buildings and retail space to warehouses and manufacturing facilities. Before beginning your search, you must decide what type of property best suits your needs.
Once you know what you are looking for, our experienced real estate agents can help you find the perfect commercial real estate in Cottage Grove, Minnesota. We have many listings available and can help you find the right property for your business. Contact us today to get started on your search for commercial real estate in Cottage Grove, Minnesota.
Cottage Grove, Minnesota's History
The history of Cottage Grove as an organized community began in 1844 when settlers from Pennsylvania and New York staked their claim to land near Grey Cloud Island in the Mississippi River. The city was incorporated in 1965 and is named for the many cottages and groves along the Mississippi River banks. The city's first residents were farmers who grew wheat, corn, and other vegetables. As the town grew, so did the number of businesses and industries. Cottage Grove is home to various companies, including retail, manufacturing, and healthcare. The city is also home to several parks and trails, making it a great place to live, work and play.
Cottage Grove, Minnesota's Demographics
Cottage Grove is a city in Washington County, Minnesota. As of 2020, the city's population was estimated at 39,689. This makes it the 25th largest city in Minnesota and the 11th largest in the United States. Cottage Grove is growing at a rate of 1.08% annually, and its population has increased by 2.19% since the last census. Spanning over 38 miles, Cottage Grove has a population density of 1,180 people per square mile.
The median age in Cottage Grove is 35.2 years, 34.0 years for males, and 36.4 years for females. For every 100 females, there are 97 males. The median income for a household in Cottage Grove was $70,599 in 2019, and the median income for a family was $81,929. Males had a median income of $63,750 versus $40,769 for females. The per capita income for Cottage Grove was $31,526 in 2019. About 3.8% of families and 5.6% of the population were below the poverty line, including 8.2% of those under 18 and 3.1% of those aged 65 or over.
Cottage Grove, Minnesota's Geographic Makeup
Cottage Grove is situated on the north bank of the Mississippi River and is known for its picturesque backwash from the confluence with the Saint Croix River. In terms of total area, the city covers 37.9 square miles (98.2 km²), out of which 34.0 square miles (88.0 km²) are land and 3.9 square miles (10.2 km²) are water. The elevation of Cottage Grove is 814 ft (248 m). The city has a humid continental climate with four distinct seasons. If you're looking for a place to call home that boasts lovely surroundings and all four seasons, Cottage Grove may be the perfect spot for you!
Cottage Grove, Minnesota‘s Economy
The economy of Cottage Grove is quite good. The median income for a household is $65,825, and the median income for a family is $68,935. Males have a median income of $45,567, and females have a median income of $31,232. The per capita income for the city is $23,348. About 1.8% of families and 2.2% of the population are below the poverty line. However, the economy has been growing, and as of 2007, the median income for a household was $79,342, and the median income for a family was $84,185. Cottage Grove is a great place to live with a prosperous economy.
Cottage Grove, Minnesota's Employment
The economy of Cottage Grove, MN, employs 19.7k people. The largest industries in Cottage Grove, MN, are Health Care & Social Assistance (3,332 people), Manufacturing (2,785 people), and Educational Services (1,924 people). The highest-paying industries are Utilities ($89,107), Agriculture, Forestry, Fishing & Hunting, & Mining ($81,705), and Information ($77,944). Cottage Grove offers a high quality of life with various amenities and activities for residents of all ages. The employment opportunities in Cottage Grove are excellent, with many large employers located within the city limits. Cottage Grove is a great place to live, work, and raise a family.
Why Commercial Real Estate In Cottage Grove, Minnesota?
If you're looking for a place to call home that boasts lovely surroundings and all four seasons, Cottage Grove may be the perfect spot for you! The economy of Cottage Grove is quite good. The median income for a household is $65,825, and the median income for a family is $68,935. Males have a median income of $45,567, and females have a median income of $31,232. The per capita income for the city is $23,348. About 1.8% of families and 2.2% of the population are below the poverty line.
However, the economy has been growing, and as of 2007, the median income for a household was $79,342, and the median income for a family was $84,185. Cottage Grove offers a high quality of life with various amenities and activities for residents of all ages. The employment opportunities in Cottage Grove are excellent, with several large employers located within the city limits. Cottage Grove is a great place to live, work, and raise a family.