Columbia Heights, MN High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Columbia Heights, Minnesota Market population: 20K. Explore income-producing properties with verified cap rates and...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Columbia Heights MN Properties: 94.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Columbia Heights MN
Common questions from investors exploring commercial real estate in Columbia Heights MN.
What is the overall investment potential of Columbia Heights, MN, considering its demographic and economic factors?
+
The city's median household income of $50,674, combined with a poverty rate of 14.5% and a high health insurance coverage of 91.4%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Public Administration and Wholesale Trade, also indicate a diverse economy, which can contribute to a stable rental market. Additionally, the city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, can attract a wide range of tenants.
How does the city's commute time and transportation options affect its attractiveness to renters and investors?
+
The average commute time of 24.5 minutes, which is relatively short, and the top commute methods of driving alone, working from home, and carpooling, indicate a convenient and flexible transportation system. This, combined with the city's high health insurance coverage and low poverty rate, suggests a high quality of life for residents, making it an attractive location for renters and investors. The diverse economy and industries also contribute to a stable demand for housing.
What are the implications of the city's income inequality and poverty rate on the rental market and property values?
+
The GINI coefficient of 0.407, which indicates a moderate level of income inequality, and the poverty rate of 14.5%, suggest that there may be a mix of affordable and higher-end rental properties in demand. The median property value of $157,900 and median property taxes of $5,521 also indicate a relatively affordable housing market, which can attract a wide range of tenants and investors. The city's high homeownership rate of 65.5% also suggests a stable and desirable community.
How does the city's ethnic diversity and industry mix impact the demand for housing and rental properties?
+
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, can attract a wide range of tenants and contribute to a stable and diverse rental market. The top industries, including Public Administration, Wholesale Trade, and Information, also indicate a diverse economy, which can drive demand for housing and rental properties. The city's relatively high health insurance coverage and low poverty rate also suggest a high quality of life, making it an attractive location for renters and investors.
What are the overall prospects for real estate investment in Columbia Heights, MN, considering its various demographic, economic, and quality of life factors?
+
The city's relatively stable economy, diverse industries, and high quality of life, combined with its affordable housing market and moderate income inequality, suggest a positive outlook for real estate investment. The city's ethnic diversity, high health insurance coverage, and low poverty rate also contribute to a stable and attractive rental market. Overall, Columbia Heights, MN appears to be a viable location for real estate investment, with a mix of working-class and middle-class residents and a diverse economy driving demand for housing and rental properties.
Columbia Heights MN Real Estate & City Facts
Key facts and real estate information about Columbia Heights MN.
What are some of the best neighborhoods to live in Columbia Heights?
+
Some of the best neighborhoods to live in Columbia Heights include Ostrander/Prestemon Park, Mathaire neighborhood, and areas in the northwest parts of the city. These neighborhoods are known for being peaceful, family-friendly, and having a strong sense of community.
What are some fun things to do in Columbia Heights?
+
There are plenty of fun things to do in Columbia Heights, including visiting the Heights Theater, exploring Kordiak County Park, and checking out the local shops and restaurants on Central Avenue. You can also visit LaBelle Park, Ramsdell Park, or Edgemoor Park for some outdoor activities.
What is the food scene like in Columbia Heights?
+
The food scene in Columbia Heights is diverse and exciting, with a range of restaurants serving different cuisines. Some popular options include Sarna's Classic Grill, Miller's Corner Bar & Grill, and Big Marina Grill & Deli. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Columbia Heights?
+
The pros of living in Columbia Heights include its proximity to Minneapolis, a vibrant commercial district, and a strong sense of community. However, some cons include a higher crime rate compared to other areas, and limited job opportunities. Overall, Columbia Heights is a great option for those who want to be close to the city but also have a more suburban feel.
Is Columbia Heights a good place to live?
+
Columbia Heights is a good place to live for those who value a strong sense of community, a vibrant commercial district, and easy access to Minneapolis. While it may have some drawbacks, such as a higher crime rate, the city is working to improve its safety and quality of life. Ultimately, whether or not Columbia Heights is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Columbia Heights MN Commercial Property: $50,674
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement