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 $753,906. Retail space sale prices in Minnesota have a median of $257,922. The last 24 months of sales history has seen 1,806 sales, with 944 sales greater than $250,000, 348 sales valued at over $1,000,000, and 30 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 $661 $160
Median price/sqft $82 $58
Average sold price $2,864,376 $1,422,145
Median sold price $341,587 $257,922
Number of sales 111,347 1,806
Number of sales over $250k 63,733 944
Number of sales over $1m 31,299 348
Number of sales over $10m 4,741 30
Average total tax amount $20,250 $25,965
Average assessed value $800,936 $753,906
Average market value $783,701 $756,323

Minnesota retail space property averages

The average lot size of retail spaces in Minnesota is 16,738 sf. This is 17% below the United States average. The average building area is 46 sf and the median year built is 1968.

Property averages United States Minnesota
Average lot size 472,238 sf 92,215 sf
Median lot size 19,899 sf 16,738 sf
Average building area 602 sf 290 sf
Median building area 55 sf 46 sf
Median year built 1972 1968
Average number of units 11 14
Median number of units -- 3

Minnesota retail space total supply

There are 16,564 retail spaces in Minnesota. This is 195% below the United States average. The total acerage is 23,640 acres and the aggregate building area for retail spaces in Minnesota is 2,672,672 sf.

Supply United States Minnesota
Number of parcels 1,453,840 16,564
Aggregate lot acerage 46,143,441 23,640
Aggregate building area 382,834,476 sf 2,672,672 sf
Aggregate units 3,568,924 19,053

Minnesota retail space industrial mortgages

There are 19,004 mortgages for retail spaces across Minnesota in the Reonomy database. The average value of those mortgages is $9,191,959. This is 49% below the United States average.

Debt United States Minnesota
Number of mortgages 2,028,743 19,004
Average value of mortgages $15,236,442 $9,191,959

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