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 $927 $2,143
Average sold price $1,032,380 $649,055
Median sold price $196,928 $139,644
Number of sales 3,733,633 88,003
Number of sales over $250k 1,581,467 32,352
Number of sales over $1m 359,353 6,975
Number of sales over $10m 48,908 767
Average total tax amount $7,081 $6,033
Average assessed value $252,824 $306,599
Average market value $357,265 $310,348

Minnesota commercial real estate property averages

Property averages United States Minnesota
Average lot size 816,594 sf 1,081,287 sf
Median lot size 24,445 sf 84,164 sf
Average building area 1,077 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 1,006,409,685 12,690,031
Aggregate building area 8,055,383,228 sf 50,490,694 sf
Aggregate units 90,025,159 652,823

Minnesota commercial real estate industrial mortgages

Debt United States Minnesota
Number of mortgages 41,927,940 468,469
Average value of mortgages $5,197,708 $3,969,792

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