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 $755,210. Retail space sale prices in Minnesota have a median of $256,357. The last 24 months of sales history has seen 1,784 sales, with 928 sales greater than $250,000, 338 sales valued at over $1,000,000, and 29 sales valued at over $10,000,000. The average price per square foot of retail spaces in Minnesota over the last 24 months is $58.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $681 $153
Median price/sqft $83 $58
Average sold price $2,866,904 $1,434,493
Median sold price $343,622 $256,357
Number of sales 111,611 1,784
Number of sales over $250k 64,130 928
Number of sales over $1m 31,451 338
Number of sales over $10m 4,741 29
Average total tax amount $20,165 $26,009
Average assessed value $800,110 $755,210
Average market value $780,855 $757,627

Minnesota retail space property averages

The average lot size of retail spaces in Minnesota is 16,740 sf. This is 16% 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 490,833 sf 92,443 sf
Median lot size 19,849 sf 16,740 sf
Average building area 797 sf 249 sf
Median building area 55 sf 46 sf
Median year built 1972 1969
Average number of units 11 14
Median number of units -- 3

Minnesota retail space total supply

There are 16,562 retail spaces in Minnesota. This is 195% below the United States average. The total acerage is 23,615 acres and the aggregate building area for retail spaces in Minnesota is 2,283,854 sf.

Supply United States Minnesota
Number of parcels 1,449,918 16,562
Aggregate lot acerage 47,090,120 23,615
Aggregate building area 503,381,035 sf 2,283,854 sf
Aggregate units 3,527,094 19,045

Minnesota retail space industrial mortgages

There are 18,784 mortgages for retail spaces across Minnesota in the Reonomy database. The average value of those mortgages is $9,252,973. This is 48% below the United States average.

Debt United States Minnesota
Number of mortgages 2,016,404 18,784
Average value of mortgages $15,184,059 $9,252,973

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