St Paul, MN Commercial Property for Sale (47 Real Estate Listings)
St Paul, MN Real Estate Statistics
| Average Price | $383K |
|---|---|
| Lowest Price | $2 |
| Highest Price | $3.9M |
| Total Listings | 692 |
| Avg. Days On Market | 307 |
| Avg. Price/SQFT | $3.8K |
Property Types (active listings)
As of April 1, 2023 there are 47 active St Paul, MN commercial real estate listings for sale with an average listing price of $598,157. The highest-priced commercial property listing is $2,100,000, while the lowest priced commercial property can be purchased for $2. St Paul, MN Commercial properties for sale have an average price of $34,008 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 5,204 square feet of living space.
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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!