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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39 Syndicate St S, Saint Paul, MN 55105
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1595 Highway 36 W, Roseville, MN 55113
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8950 Dodd Rd, Kilkenny, MN 56052
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3089 Neil Armstrong Blvd, Eagan, MN 55121
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300 1st St W, Fosston, MN 56542
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1055 Highway 61 E, Winona, MN 55987
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22038 Canton Ct, Farmington, MN 55024
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104 W Lake Dr, Detroit Lakes, MN 56501
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5410 Landmark Dr, Brainerd, MN 56401
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30699 State Hwy 371 Ave, Pequot Lakes, MN 56472
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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 $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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