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 $757,572. Retail space sale prices in Minnesota have a median of $255,207. The last 24 months of sales history has seen 1,839 sales, with 958 sales greater than $250,000, 355 sales valued at over $1,000,000, and 31 sales valued at over $10,000,000. The average price per square foot of retail spaces in Minnesota over the last 24 months is $57.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $600 $161
Median price/sqft $82 $57
Average sold price $2,961,862 $1,421,027
Median sold price $343,008 $255,207
Number of sales 112,258 1,839
Number of sales over $250k 64,430 958
Number of sales over $1m 31,669 355
Number of sales over $10m 4,767 31
Average total tax amount $20,069 $26,002
Average assessed value $808,175 $757,572
Average market value $942,419 $757,747

Minnesota retail space property averages

The average lot size of retail spaces in Minnesota is 17,032 sf. This is 15% below the United States average. The average building area is 47 sf and the median year built is 1969.

Property averages United States Minnesota
Average lot size 461,261 sf 91,783 sf
Median lot size 19,850 sf 17,032 sf
Average building area 787 sf 238 sf
Median building area 56 sf 47 sf
Median year built 1972 1969
Average number of units 11 14
Median number of units -- 3

Minnesota retail space total supply

There are 17,093 retail spaces in Minnesota. This is 195% below the United States average. The total acerage is 24,387 acres and the aggregate building area for retail spaces in Minnesota is 2,309,487 sf.

Supply United States Minnesota
Number of parcels 1,456,042 17,093
Aggregate lot acerage 47,669,012 24,387
Aggregate building area 499,165,605 sf 2,309,487 sf
Aggregate units 3,590,824 19,096

Minnesota retail space industrial mortgages

There are 19,232 mortgages for retail spaces across Minnesota in the Reonomy database. The average value of those mortgages is $9,212,854. This is 48% below the United States average.

Debt United States Minnesota
Number of mortgages 2,102,203 19,232
Average value of mortgages $15,108,917 $9,212,854

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