St Louis Park, MN Commercial Property for Sale (6 Real Estate Listings)
St Louis Park, MN Real Estate Statistics
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Property Types (active listings)
As of April 1, 2023 there are 6 active St Louis Park, MN commercial real estate listings for sale with an average listing price of $76,769. The highest-priced commercial property listing is $450,000, while the lowest priced commercial property can be purchased for $16. St Louis Park, MN Commercial properties for sale have an average price of $23 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 6,357 square feet of living space.
St Louis Park, MN Commercial Real Estate & Properties
If you're investing in commercial real estate in St. Louis Park, Minnesota, you'll want to work with a reputable and experienced agency. We'll work with you to understand your goals and objectives and then provide expert guidance throughout the entire process - from search to negotiation to closing. Our goal is to help you make a sound investment that will yield the best possible return on investment. Whether you're looking for office space, retail space, or industrial property, we can help you find the perfect fit in St. Louis Park.
St. Louis Park, Minnesota's History
St. Louis Park, Minnesota, was first settled by a group of businessmen from Minneapolis who incorporated it as a village in 1886. The city was named after the Minneapolis and St. Louis Railroad, which ran through the area. Thomas Barlow Walker formed the Minneapolis Land and Investment Company in 1890 and purchased all the platted land in the city to encourage industrial development. However, the plan needs to be revised, and industries begin to leave the city. The town became mainly residential, and its post office was renamed Elmwood in 1887. The city remained a residential suburb of Minneapolis until the 1950s, when it began to experience population growth due to annexation and new housing developments. St. Louis Park is a thriving city with a diverse population and a strong economy.
St. Louis Park, Minnesota's Demographics
St. Louis Park is a city in Hennepin County, Minnesota, United States. The population was 44,126 at the 2000 census. The city is located west of Minneapolis. According to the United States Census Bureau, the city has a total area of 16.9 square miles (43.9 km²), of which 16.8 square miles (43.5 km²) of it is land, and 0.1 square miles (0.4 km²) of it (0.73%) is water. As of the census of 2000, there were 44,126 people, 20,782 households, and 10,557 families in the city. The population density was 4,122.5 persons per square mile (1,592.3/km²). There were 21,140 housing units at an average density of 1,975.0 per square mile (762.8/km²). The racial makeup of the city was 88.91% White, 4.37% African American, 0.45% Native American, 3.21% Asian, 0.06% Pacific Islander, 1.28% from other races, and 1.72% from two or more races according to Hispanic or Latino of any race were 2.93% of the population.
St. Louis Park, Minnesota's Geographic Makeup
St. Louis Park is a first-ring suburb immediately west of Minneapolis. Other adjacent cities include Edina, Golden Valley, Minnetonka, Plymouth, and Hopkins. St. Louis Park is bordered by Interstate 394 to the north, Highway 100 to the west, Highway 7 to the east, and U.S. Route 169 to the south. According to the United States Census Bureau, the city has an area of 10.9 square miles (28.3 km²); 10.7 square miles (27.7 km²) of it is land, and 0.2 square miles (0.5 km²) of it (1.92%) is water. The elevation of St. Louis Park is 899 ft (274 m) above sea level. Most of the city's land area comprises residential neighborhoods with a mix of single-family homes, duplexes, and apartment buildings interspersed with parks and green space. There are also several commercial districts throughout the city, including Downtown St. Louis Park, West End, Excelsior & Grand, and Knollwood Crossing, which contains a variety of retail stores and office buildings, as well as some housing options.
St. Louis Park, Minnesota‘s Economy
St. Louis Park, Minnesota, is a strong and growing city with a thriving economy. The median income for a household in the town is $49,260, and the median income for a family is $63,182. Males have a median income of $40,561 versus $32,447 for females. The per capita income for the city is $28,970. About 3.0% of families and 5.2% of the population are below the poverty line, including 5.2% of those under age 18 and 6.7% of those aged 65 or over. The city's economy is diverse and growing, with many opportunities for residents to find good jobs and start businesses. St. Louis Park is a great place to live and work, and its strong economy is one of the reasons.
St. Louis Park, Minnesota's Employment
The economy of St. Louis Park, MN, employs 30.3k people. The largest industries in St. Louis Park, MN, are Health Care & Social Assistance (4,586 people), Professional, Scientific, & Technical Services (4,222 people), and Manufacturing (3,080 people). The highest-paying industries in St. Louis Park, MN, are Utilities ($100,357), Management of Companies & Enterprises ($83,913), and Professional, Scientific, & Technical Services ($77,500). These figures suggest plenty of employment opportunities across various industries in St. Louis Park, MN. With such a diverse range of industries, there should be something to suit everyone's skills and interests. St. Louis Park is the perfect option if you're looking for a new place to live and work.
Why Commercial Real Estate In St. Louis Park, Minnesota?
There are many reasons to invest in commercial real estate in St. Louis Park, Minnesota. The city is a strong and growing economy with plenty of opportunities for businesses to thrive. The city is also home to a diverse range of industries, so there will surely be something to suit everyone's skills and interests. And with its convenient location just west of Minneapolis, St. Louis Park is a great place to live and work. St. Louis Park is the perfect option if you're looking for a new place to invest in commercial real estate.