Shakopee, MN Commercial Property for Sale (5 Real Estate Listings)

Shakopee, MN Real Estate Statistics

Average Price $550K
Lowest Price $16
Highest Price $8.8M
Total Listings 250
Avg. Price/SQFT $206

Property Types (active listings)

As of July 14, 2024 there are 5 active Shakopee, MN commercial real estate listings for sale with an average listing price of $247,331. The highest-priced commercial property listing is $499,900, while the lowest priced commercial property can be purchased for $16. Shakopee, MN Commercial properties for sale have an average price of $149 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 7,485 square feet of living space.

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Shakopee, MN Commercial Real Estate & Properties

Shakopee, Minnesota, is a beautiful and thriving city that offers a variety of commercial real estate options for businesses of all types. From office to retail space, something is available to fit every need. The real estate market in Shakopee is strong and growing, making it an ideal location for any business.

There are many reasons to choose Shakopee as the location for your business. The city is home to many families and young professionals, providing a steady customer base for trades. Additionally, Shakopee is located in the Minneapolis-St. Paul metropolitan area, giving companies access to a larger market. The city is also home to numerous amenities and attractions.

If you are looking for commercial real estate in Shakopee, Minnesota, there are a few things to keep in mind. First, consulting with a qualified real estate agent to help you find the right property for your needs is essential. Second, be sure to consider the location of the property and the surrounding area. Shakopee is a growing city with plenty to offer businesses of all types. With careful planning and a little research, you can find the perfect commercial real estate for your business in Shakopee, Minnesota.

Shakopee, Minnesota's History

Shakopee, Minnesota, is a city with a rich history. The first steamboat arrived in the town in 1842, and two years later, Oliver and Harriet Faribault built the first log cabin. In the late 1840s, missionary Samuel W. Pond came to the area at the invitation of Chief Sakpe II. Pond founded Shakopee’s oldest church, First Presbyterian Church, in 1855. 

The city of Shakopee was officially incorporated in 1857. The first mayor, Norman W. Kittson, also operated the town’s first store out of his home. In the early years, Shakopee was primarily a farming community.

The 1860s brought significant changes to Shakopee with the arrival of the railroad. The Minneapolis and St. Louis Railway Company built a line through the city in 1862, and the Chicago, Milwaukee, and St. Paul Railway Company followed suit in 1867. The railroads brought new people and businesses to Shakopee, transforming it into a thriving commercial center.

Shakopee continued to grow in the late 19th and early 20th centuries. In 1886, Shakopee became the county seat of Scott County. The county courthouse and jail were built in 1887. In 1900, the population was 1,374. By 1910, it was 2,208. 

Today, Shakopee is a thriving community with a strong sense of history and pride. The city is home to various businesses, schools, and parks, and its residents enjoy a high quality of life. If you’re looking for a town with character and charm, Shakopee is the perfect place to call home.

Shakopee, Minnesota's Demographics

Shakopee is a city located in the southwestern Twin Cities metropolitan area. With a 2020 population of 45,022, it is the 23rd largest city in Minnesota and the 982nd most significant city in the United States. The city is growing at a rate of 1.49% annually, and its population has increased by 3.03% since the most recent census, which recorded a population of 43,698 in 2020. Shakopee spans over 29 miles and has a population density of 1,601 people per square mile. 

The median age in Shakopee is 35 years, 34 years for males, and 36 years for females. For every 100 females, there are 97 males. 5.1% of residents are under 18; 18% are between the ages of 18 and 24; 27% are from 25 to 44; 25% are from 45 to 64, and 12% are 65 or older—982nd largest city in the United States. Shakopee is currently growing at a rate of 1.49% annually, and its population has increased by 3.03% since the most recent census, which recorded a population of 43,698 in 2020, spanning over.

Shakopee, Minnesota's Geographic Makeup

Shakopee is a city in the U.S. state of Minnesota and is the county seat of Scott County. The city is southwest of Minneapolis and on the banks of the Minnesota River. Shakopee has a total area of 29.32 square miles (75.94 km2); 28.01 square miles (72.55 km2) is land, and 1.31 square miles (3.39 km2) is water. The elevation is 770 ft (234 m) above sea level. Shakopee is a diverse city with a variety of businesses and cultural attractions. The historic downtown area features boutique shops and restaurants, while the more prominent retail centers are located along Highway 169. The city also has several parks and trails, a golf course, and a pool.  Shakopee is a growing community with something to offer everyone.

Shakopee, Minnesota‘s Economy

Shakopee is located on the south bank of the Minnesota River, just upstream from its confluence with the Mississippi River. Shakopee is about 20 miles southwest of Minneapolis and Saint Paul. Shakopee has a vibrant economy with a median household income of $75,385 and a per capita income of $31,708. The city's unemployment rate is 2%, which is lower than the national average of 3.9%. Shakopee's poverty rate is 9.2%, which is lower than the national average of 11.8%.

Shakopee, Minnesota's Employment

The economy of Shakopee, MN, is diverse and employs 22.6k people. The largest industries in Shakopee, MN, are Health Care & Social Assistance, Manufacturing, and Retail Trade. The highest-paying industries in Shakopee are Mining, Quarrying, & Oil & Gas Extraction, Professional, Scientific, & Technical Services, and Information. These industries offer a variety of good-paying jobs to the residents of Shakopee. Many small businesses in Shakopee contribute to the economy. These businesses provide goods and services to the community and create jobs for the residents of Shakopee. The economy of Shakopee is strong and offers good employment opportunities for the residents.

Why Commercial Real Estate In Shakopee, Minnesota?

Commercial real estate in Shakopee, Minnesota, is an excellent investment. The city has a growing economy with various businesses and cultural attractions. The city also has several parks and trails, a golf course, and a pool. Shakopee is home to many good-paying jobs, and the unemployment rate is low. Commercial real estate in Shakopee is a wise investment for families and professionals.