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.

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    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 $441,265. Retail space sale prices in Minnesota have a median of $90,000. The last 24 months of sales history has seen 23 sales, with 4 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of retail spaces in Minnesota over the last 24 months is $49.

    Values and sold prices (last 24 months) United States Minnesota
    Average price/sqft $992 $65
    Median price/sqft $93 $49
    Average sold price $2,023,692 $139,550
    Median sold price $297,257 $90,000
    Number of sales 2,249 23
    Number of sales over $250k 1,237 4
    Number of sales over $1m 504 --
    Number of sales over $10m 55 --
    Average total tax amount $17,577 $12,655
    Average assessed value $701,465 $441,265
    Average market value $670,403 $473,630

    Minnesota retail space property averages

    The average lot size of retail spaces in Minnesota is 7,841 sf. This is 115% below the United States average. The average building area is 46 sf and the median year built is 1930.

    Property averages United States Minnesota
    Average lot size 253,910 sf 79,796 sf
    Median lot size 29,495 sf 7,841 sf
    Average building area 336 sf 111 sf
    Median building area 47 sf 46 sf
    Median year built 1974 1930
    Average number of units 22 71
    Median number of units -- 3

    Minnesota retail space total supply

    There are 415 retail spaces in Minnesota. This is 198% below the United States average. The total acerage is 217 acres and the aggregate building area for retail spaces in Minnesota is 16,589 sf.

    Supply United States Minnesota
    Number of parcels 87,186 415
    Aggregate lot acerage 219,554 217
    Aggregate building area 7,934,123 sf 16,589 sf
    Aggregate units 152,548 928

    Minnesota retail space industrial mortgages

    There are 29 mortgages for retail spaces across Minnesota in the Reonomy database. The average value of those mortgages is $133,063. This is 184% below the United States average.

    Debt United States Minnesota
    Number of mortgages 6,792 29
    Average value of mortgages $3,223,187 $133,063

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