Commercial Real Estate in Minnesota | Reonomy

Commercial Real Estate in Minnesota

Unlock property data on all 1,361,923 commercial properties in Minnesota. Search across 89 counties to find the Minnesota property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Minnesota

Reonomy attracts a large community of Minnesota commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Minnesota commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $945 $1,981
Average sold price $1,051,559 $634,291
Median sold price $197,877 $131,300
Number of sales 3,311,016 80,560
Number of sales over $250k 1,405,142 28,964
Number of sales over $1m 316,433 6,296
Number of sales over $10m 42,830 662
Average total tax amount $7,047 $5,690
Average assessed value $252,071 $295,901
Average market value $355,894 $300,567

Minnesota commercial real estate property averages

Property averages United States Minnesota
Average lot size 815,813 sf 1,080,040 sf
Median lot size 24,444 sf 84,365 sf
Average building area 1,078 sf 387 sf
Median building area 77 sf 69 sf
Median year built 1970 1967
Average number of units 16 18
Median number of units 2 2

Minnesota commercial real estate total supply

Supply United States Minnesota
Number of parcels 58,466,290 1,397,138
Aggregate lot acerage 1,005,539,896 12,671,692
Aggregate building area 8,055,243,770 sf 50,490,595 sf
Aggregate units 90,000,916 652,548

Minnesota commercial real estate industrial mortgages

Debt United States Minnesota
Number of mortgages 41,923,137 468,407
Average value of mortgages $5,197,256 $3,969,225

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