Retail space in Minnesota

Search retail space records in Minnesota to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Minnesota commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Minnesota

Reonomy operates the most comprehensive database for Minnesota Retail Space and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Retail Space.

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Minnesota retail space sold prices and values

The average assessed value of retail spaces in Minnesota is $764,714. Retail space sale prices in Minnesota have a median of $248,939. The last 24 months of sales history has seen 1,954 sales, with 977 sales greater than $250,000, 362 sales valued at over $1,000,000, and 32 sales valued at over $10,000,000. The average price per square foot of retail spaces in Minnesota over the last 24 months is $55.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $667 $163
Median price/sqft $84 $55
Average sold price $3,036,599 $1,348,051
Median sold price $349,758 $248,939
Number of sales 113,142 1,954
Number of sales over $250k 65,582 977
Number of sales over $1m 32,236 362
Number of sales over $10m 4,648 32
Average total tax amount $20,535 $25,772
Average assessed value $830,051 $764,714
Average market value $953,076 $766,196

Minnesota retail space property averages

The average lot size of retail spaces in Minnesota is 16,891 sf. This is 17% below the United States average. The average building area is 46 sf and the median year built is 1969.

Property averages United States Minnesota
Average lot size 486,084 sf 96,497 sf
Median lot size 20,194 sf 16,891 sf
Average building area 604 sf 235 sf
Median building area 57 sf 46 sf
Median year built 1972 1969
Average number of units 11 15
Median number of units -- 3

Minnesota retail space total supply

There are 17,300 retail spaces in Minnesota. This is 195% below the United States average. The total acerage is 26,064 acres and the aggregate building area for retail spaces in Minnesota is 2,336,102 sf.

Supply United States Minnesota
Number of parcels 1,444,589 17,300
Aggregate lot acerage 49,422,268 26,064
Aggregate building area 382,769,412 sf 2,336,102 sf
Aggregate units 3,619,903 20,741

Minnesota retail space industrial mortgages

There are 19,811 mortgages for retail spaces across Minnesota in the Reonomy database. The average value of those mortgages is $9,265,723. This is 46% below the United States average.

Debt United States Minnesota
Number of mortgages 2,129,677 19,811
Average value of mortgages $14,952,213 $9,265,723

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