St Paul, MN Commercial Property for Sale (72 Real Estate Listings)

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1252 Hazelwood Street, St Paul

$4,250,000

↓ $540,000

1252 Hazelwood Street, St Paul

1 Acres 8,024 SqFt Commercial MLS® # 6381058

Wow - First time in a generation available. Private estate type feel 48 unit apartment complex. Two - 24 unit buildings & 33 garages. 32 units with patios to scenic outdoors. Nice back yard ...

Lentsch CompanyRegional Multiple Listing Service of Minnesota Logo

Active
1391 & 1399 Hazelwood Street, St Paul

$3,200,000

1391 & 1399 Hazelwood Street, St Paul

0 Acres 5,616 SqFt Commercial MLS® # 6385195

Two apartment buildings next to each other. There is a 12 unit and a 17 unit. They should be sold together....

homecoin.comRegional Multiple Listing Service of Minnesota Logo

Active
44 Acker Street E, St Paul

$3,000,000

44 Acker Street E, St Paul

1 Acres 12,024 SqFt Commercial MLS® # 6389217

Negotiable 16' Clear ceiling height Eight 14’ high drive-in doors Total lot size: 1.85 acres Light industrial zoning 2 Auto repair buildings with a parking lot in the back for storage...

Caspian GroupRegional Multiple Listing Service of Minnesota Logo

Active
611 Grand Avenue, St Paul

$2,900,000

↓ $200,000

611 Grand Avenue, St Paul

0 Acres 14,895 SqFt Commercial MLS® # 6372684

Introducing 611 Grand Ave, a prime commercial property situated in the bustling neighborhood of Saint Paul, MN. Boasting an excellent location, this property is currently home to thriving bu...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
395 Van Dyke Street, St Paul

$1,999,000

395 Van Dyke Street, St Paul

1 Acres 4,816 SqFt Commercial MLS® # 6251774

10 Townhouse units (3 beds each) & one single family home (4 bed). All located on one PID. VALUE ADD OPPORTUNITY. All split utilities (heat, electricity, and water). Low rents. Current landl...

RE/MAX ResultsRegional Multiple Listing Service of Minnesota Logo

Pending
474 Minnehaha Avenue W, St Paul

$1,900,000

474 Minnehaha Avenue W, St Paul

1 Acres 7,191 SqFt Commercial MLS® # 6407996

This recently updated, high efficiency building which boasts new, 2022 white roof, and solar panel system with transferable warranties. Secured outdoor storage, and two month to month tena...

Metro East Commercial Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
647 Snelling Avenue N, St Paul

$1,750,000

647 Snelling Avenue N, St Paul

0 Acres 9,120 SqFt Commercial MLS® # 6398249

This 1930's classic brick building offers add-value opportunity and consists of 17 studios and two one-bedroom apartments. With a modest footprint, this building is ideal for investors inter...

Bridge Realty, LLCRegional Multiple Listing Service of Minnesota Logo

Active
425 Roy Street N, St Paul

$1,510,000

425 Roy Street N, St Paul

0 Acres 6,490 SqFt Commercial MLS® # 6398290

This 16-unit apartment building is an excellent prospect to add to your investment portfolio. This 1930's classic brick building offers add-value opportunity and consists of 6 studios and 10...

Bridge Realty, LLCRegional Multiple Listing Service of Minnesota Logo

Active
1346 Arcade Street, St Paul

$1,437,500

↑ $48,500

1346 Arcade Street, St Paul

0 Acres 5,846 SqFt Commercial MLS® # 6343620

Welcome to Arcade Auto Center! This building is currently being used as an Auto Body Shop, Mechanic Shop and a Used Car Dealership. Rare to have all 3 licenses in one location (Auto Body, A...

J H Callahan & AssociatesRegional Multiple Listing Service of Minnesota Logo

Active
New
262 7th Street W, St Paul

$1,395,000

262 7th Street W, St Paul

0 Acres 3,330 SqFt Commercial MLS® # 6443039

262 7th is the Perfect Stable Mixed-Use Investment Property located within 2 blocks of the Xcel Energy Center, home of the Minnesota Wild! The main level and exterior are in incredible condi...

RE/MAX ResultsRegional Multiple Listing Service of Minnesota Logo

Active
628 Mendota Street, St Paul

$1,275,000

628 Mendota Street, St Paul

0 Acres 2,000 SqFt Commercial MLS® # 6408632

Classic mansion conversion with some original wood and many updates. Close to Metro State University, minutes from downtown, bus lines within 2 blocks....

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

Active
441 University Avenue W, St Paul

$1,200,000

441 University Avenue W, St Paul

0 Acres 7,000 SqFt Commercial MLS® # 6352939

This two story brick professional office/retail building is right on University Avenue and the METRO Green Line. There is a private parking lot across the street that can hold up to 11 cars ...

Applegate IncRegional Multiple Listing Service of Minnesota Logo

Active
206 Wabasha Street S, St Paul

$1,100,000

206 Wabasha Street S, St Paul

1 Acres 6,750 SqFt Commercial MLS® # 6387505

Investment or owner occupant opportunity just south of downtown St. Paul in emerging area surrounded by new development. High traffic location provides great signage opportunity. Highly fu...

Gold Group Realty, LLCRegional Multiple Listing Service of Minnesota Logo

Active
1708 Selby Avenue, St Paul

$995,900

↓ $254,100

1708 Selby Avenue, St Paul

0 Acres 1 SqFt Commercial MLS® # 6243497

These three adjacent parcels of property offer an expanse of 120 feet of frontage on choice Selby Avenue, between Fairview Avenue and Snelling Avenue. Conditional city approved development p...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
1108 Western Avenue N, St Paul

$920,000

1108 Western Avenue N, St Paul

0 Acres 2,418 SqFt Commercial MLS® # 6430740

**Multiple Offers Received. Highest and best due by 9/23 at noon.** Solid Turnkey Investment Property. 9plex with six 2br, two 1br, and one studio. All brick exterior, new windows (2023)...

National Realty GuildRegional Multiple Listing Service of Minnesota Logo

Active
347 University Avenue W, St Paul

$900,000

347 University Avenue W, St Paul

0 Acres 6,000 SqFt Commercial MLS® # 6377308

Mixed-use retail building available for sale in St. Paul! Located on a highly visible corner along University Avenue and Virginia Street, this property offers a lot of potential. With a tota...

Keller Williams Classic Rlty NWRegional Multiple Listing Service of Minnesota Logo

Active
889 Grand Avenue, St Paul

$899,900

889 Grand Avenue, St Paul

0 Acres 853 SqFt Commercial MLS® # 6418412

A stunning Victorian building on the prestigious Grand Avenue in St. Paul awaits you. This property has been lovingly restored and maintained to preserve its historic charm and elegance. It ...

eXp RealtyRegional Multiple Listing Service of Minnesota Logo

Active
602 N Mendota Street, St Paul

$890,000

602 N Mendota Street, St Paul

0 Acres 3,074 SqFt Commercial MLS® # 6421567

Turn key apartments. Capital improvements throughout. Extremely low vacancy. Units have been updated. **Seller is open to CD terms***. ***Seller is open to seller carry back terms***. A grea...

RE/MAX ResultsRegional Multiple Listing Service of Minnesota Logo

St Paul, MN Real Estate Statistics

Average Price $403K
Lowest Price $2
Highest Price $4.3M
Total Listings 869
Avg. Price/SQFT $3.4K

Property Types (active listings)


As of October 3, 2023 there are 72 active St Paul, MN commercial real estate listings for sale with an average listing price of $741,739. The highest-priced commercial property listing is $4,250,000, while the lowest priced commercial property can be purchased for $2. St Paul, MN Commercial properties for sale have an average price of $29,958 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 3,052 square feet of living space.

Buying Commercial Real Estate in St. Paul, MN

Investing in Commercial Real Estate in St. Paul, MN: A Smart Move for Savvy Investors

Commercial real estate can be a lucrative investment, providing a stable income stream and potential for long-term appreciation. St. Paul, Minnesota, known as the "Twin Cities" along with Minneapolis, offers an excellent opportunity for investors looking to purchase commercial real estate. St. Paul, the state capital, is a vibrant city with a diverse economy, rich cultural heritage, and a growing demand for commercial space. In this article, we will explore the benefits of buying commercial real estate in St. Paul, MN, and why it can be a smart move for savvy investors.

Robust Local Economy

St. Paul, MN, has a strong and diverse economy that provides a stable foundation for commercial real estate investments. The city is home to a mix of industries, including healthcare, education, government, manufacturing, and technology, which contribute to its economic stability. St. Paul is also the headquarters for many major corporations, such as Ecolab, 3M, and Securian Financial Group, which further adds to the demand for commercial space. The stable local economy helps to ensure a consistent demand for commercial properties, providing a reliable income stream for investors.

Growing Population and Demand for Commercial Space

St. Paul has a growing population, with an estimated population of over 300,000, according to the U.S. Census Bureau. The city has seen steady population growth over the years, which has resulted in an increased demand for commercial space. The growing population, coupled with the strong economy, creates a favorable environment for commercial real estate investment. St. Paul offers a variety of commercial properties, including office buildings, retail spaces, industrial properties, and multifamily units, catering to the diverse needs of businesses and residents in the area.

Favorable Investment Climate

St. Paul, MN, offers a favorable investment climate for commercial real estate buyers. The city has a relatively low cost of living compared to other major metropolitan areas, which can translate into more affordable property prices and operating costs for investors. St. Paul also has a relatively low tax rate and a business-friendly environment, with supportive local government policies and incentives for businesses. This makes it an attractive destination for commercial real estate investment, with the potential for solid returns on investment.

Opportunity for Value-Add Investments

St. Paul, MN, offers opportunities for value-add investments in commercial real estate. Value-add investments involve purchasing properties that may need improvement or repositioning and then making strategic upgrades or changes to increase their value. St. Paul has older commercial properties that may be prime candidates for value-add strategies, such as renovating an older office building or repurposing a vacant retail space. With careful planning and execution, value-add investments can result in increased cash flow and appreciation, offering investors the potential for higher returns.

Diverse Neighborhoods and Vibrant Communities

St. Paul, MN, is known for its diverse neighborhoods and vibrant communities, which make it an appealing place for businesses and residents alike. Each neighborhood in St. Paul has its own unique character, offering a range of commercial real estate opportunities. From historic districts with charming storefronts to modern mixed-use developments, there is a diverse range of properties to choose from in St. Paul. Additionally, St. Paul has a strong sense of community, with active neighborhood associations and a supportive business community, which can create a conducive environment for businesses to thrive.

Professional Real Estate Services and Support

Investing in commercial real estate can be complex, and having access to professional real estate services and support is crucial for success. St. Paul, MN, has a robust real estate market with a wide range of experienced real estate professionals, including brokers, property managers, attorneys, and accountants, who can provide valuable assistance to investors. These professionals are well-versed in the local real estate market and can provide insights, guidance, and expertise to navigate the complexities of commercial real estate transactions. Whether you're a seasoned investor or new to the commercial real estate market, having access to professional services can help streamline the buying process and mitigate risks, ensuring a smooth and successful investment experience in St. Paul.

Long-Term Appreciation Potential

One of the key reasons why buying commercial real estate in St. Paul, MN, can be a smart move for savvy investors is the potential for long-term appreciation. While commercial real estate investments can provide immediate cash flow through rental income, they can also appreciate in value over time. St. Paul has a stable and growing economy, a growing population, and a favorable investment climate, which can all contribute to the appreciation of commercial properties in the area. As the demand for commercial space continues to rise, property values may increase, allowing investors to realize a return on their investment through appreciation when they decide to sell the property in the future.

Diversification and Risk Mitigation

Commercial real estate can offer investors diversification and risk mitigation benefits. Diversification is a strategy to spread investments across different asset classes and markets to reduce risk. By including commercial real estate in an investment portfolio, investors can diversify their holdings and reduce their exposure to risks associated with other types of investments, such as stocks or bonds. Commercial real estate also offers a tangible and income-producing asset that can provide a hedge against inflation and economic volatility. St. Paul's diverse economy and growing population can contribute to the stability of the local commercial real estate market, further mitigating risks associated with investing in real estate.

Tax Benefits

Investing in commercial real estate in St. Paul, MN, can offer significant tax benefits for savvy investors. Commercial property owners can take advantage of various tax deductions and incentives, including depreciation, mortgage interest deductions, and property tax deductions, which can help reduce their taxable income and lower their overall tax burden. Additionally, St. Paul has a favorable tax climate for businesses, with relatively low property tax rates and supportive local government policies, which can further enhance the tax benefits of investing in commercial real estate in the area.

Conclusion

Buying commercial real estate in St. Paul, MN, can be a smart move for savvy investors looking for long-term appreciation, diversification, and potential tax benefits. The city's robust local economy, growing population, favorable investment climate, and supportive business community create a conducive environment for commercial real estate investments. However, as with any investment, it's essential to conduct thorough research, seek professional advice, and carefully evaluate the risks and rewards before making a purchase. With proper due diligence and strategic planning, investing in commercial real estate in St. Paul can offer investors a promising opportunity to build wealth and achieve their financial goals.

St Paul, MN Commercial Real Estate & Properties

St. Paul, Minnesota, has become an increasingly attractive city for commercial real estate investments. Businesses of all sizes are drawn to the city's robust economy and diverse attractions. Whether you’re looking for office space, retail, or industrial property, St. Paul is an excellent choice for your next venture.

Our real estate agency offers a wide range of services to ensure you get the most out of your investment in St. Paul commercial real estate. Our experienced agents are familiar with the current market trends and can help you identify properties that fit your budget and investment goals. We also provide financing options, assistance with local zoning regulations, and advice on how to optimize returns from your property portfolio. 

St. Paul, Minnesota's History

South St. Paul, Minnesota, is a city steeped in tradition and history dating back to the early 1900s. In 1916, the first library board was appointed by Mayor C. W. Clark, and fundraising efforts led to the opening of the first public library in 1922. The current main library building opened its doors in 1927. In 1959, Dakota/Scott counties formed a network of libraries through a partnership between each county and South St. Paul itself as an independent city library. In 1961, a bookmobile service began making rounds of South St. Paul, delivering books from the primary collection, and 1963 saw an agreement among Dakota/Scott counties and the City of South St. Paul for borrowing rights between locations that remain today. In 1965, a new addition was built onto the Southside of the main building, increasing access to resources for residents, followed by automation with the introduction of a catalog system in 1988.

St. Paul, Minnesota's Demographics

St. Paul is an essential and diverse city in Minnesota, with a population of 316,819, according to the 2020 census, and an area of 56 square miles. It comprises Dakota County, Hennepin County, Ramsey County, and Washington County, adding a unique flavor to its demographics. The 0.84% annual growth rate has allowed St. Paul to enjoy a 1.70% population increase compared to the results of their most recent census in 2020, with 311,527 people reported inhabiting it at that time. This population increase has generated a density of 6,095 people per square mile, making St. Paul one of the state's major metropolitan areas for both culture and economy alike.

St. Paul, Minnesota's Geographic Makeup

St. Paul, Minnesota, is home to a rich and diverse geographic landscape surrounded by the majestic Mississippi River. The river serves as a municipal boundary along the city's western, southwestern, and southeastern sides. To the north lie the cities of Falcon Heights, Lauderdale, Roseville, and Maplewood; to the east is Maplewood; to the south are West Saint Paul and South Saint Paul. Across the river from St. Paul can be found Lilydale, Mendota, and Mendota Heights. The largest lakes in this area include Pig's Eye Lake (in the river), Lake Phalen, and Lake Como. Based on the United States Census Bureau data, St. Paul encompasses 56.2 square miles (145.5 km²) of land with an additional 3.4 square miles (8.8 km²) of water (6.07%).

St. Paul, Minnesota‘s Economy

St. Paul, Minnesota, has a diverse and expanding economy that benefits its citizens in many ways. According to recent figures, the median income for households in the city totaled $38,774, and for families was $48,925. Men earned an average of $35,111 versus women’s $29,432 per capita. Unfortunately, there were also 11.7% of families and 15.6% of residents living below the poverty level, including 23.2% of those under 18 years old and 9.7% over 65 years old. Nevertheless, the robust and rapidly growing local economy offers excellent opportunities to all its citizens keen to take part in its growth potential daily.

St. Paul, Minnesota's Employment

St. Paul, Minnesota's economy thrives and employs more than 158,000 people across various industries such as Health Care & Social Assistance, Educational Services, and Manufacturing. In terms of average wages amongst these industries, Management of Companies & Enterprises are at the top with $100,057, followed by Utilities with an average salary of $69,038 and Professional, Scientific, & Technical Services at $61,113 showing there is plenty of opportunity for meaningful career progression in St. Paul's job market.

Why Commercial Real Estate In St. Paul, Minnesota?

St. Paul is an increasingly popular destination for business owners and entrepreneurs thanks to its robust economy, diverse geographic landscape, and cultural attractions. Commercial real estate in St. Paul offers investors numerous opportunities to capitalize on the city's economic growth and vibrant culture. With a current vacancy rate of 9%, plenty of viable commercial real estate locations are available throughout the city that can be tailored to fit any business needs or budget. Whether you're looking for office buildings, retail storefronts, industrial space, or anything else specialized for your specific industry—St. Paul has something to offer everyone!

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