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Chanhassen, MN Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Chanhassen, Minnesota Market population: 26K. Explore income-producing properties with verified cap rates and operating...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Chanhassen MN Properties: 1.0200%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Chanhassen MN

Common questions from investors exploring commercial real estate in Chanhassen MN.

What makes Chanhassen, MN an attractive market for real estate investment? +
Chanhassen's low poverty rate of 2.9%, combined with a high health insurance coverage rate of 98.1%, suggests a stable and employed population, making it an attractive market for real estate investment. The city's top industries, including Professional, Scientific, & Management, and Finance & Insurance, also contribute to its economic stability. Additionally, the median household income of $118,547 and median property value of $384,400 indicate a strong and growing local economy.
How does the demographic diversity of Chanhassen impact the local real estate market? +
The city's ethnic diversity, with a dominant White population (92.1%) and a notable Asian presence (4.2%), contributes to a culturally rich and potentially stable rental market. The foreign-born rate of 6.3% also suggests a degree of diversity, which can be beneficial for attracting a wide range of tenants. Furthermore, the high homeownership rate of 88.2% and low poverty rate indicate a strong sense of community and economic stability.
What are the key factors that influence the quality of life in Chanhassen, and how do they impact real estate investment? +
The average commute time of 25.4 minutes, with a majority of residents driving alone (84.2%), indicates a relatively convenient and accessible location. The high health insurance coverage rate of 98.1% and low poverty rate of 2.9% also contribute to a high quality of life, making Chanhassen an attractive location for tenants and investors alike. Moreover, the city's top industries and strong economy provide a solid foundation for long-term growth and stability.
How does the local economy and industry mix impact the demand for real estate in Chanhassen? +
The city's diverse economy, with top industries including Professional, Scientific, & Management, Finance & Insurance, and Manufacturing, contributes to a strong and stable demand for real estate. The median household income of $118,547 and median property value of $384,400 also indicate a high level of economic activity and growth. Additionally, the low unemployment rate of 2.4% and high employment rate of 14,121 suggest a thriving local economy with a strong demand for housing.
What are the implications of Chanhassen's housing market characteristics for real estate investors? +
The high homeownership rate of 88.2% and low renters percentage of 11.8% suggest a relatively stable and owner-occupied housing market. The median property value of $384,400 and median property taxes of $8,300 also indicate a high-value and potentially lucrative market for real estate investors. Furthermore, the city's strong economy, low poverty rate, and high health insurance coverage rate contribute to a stable and attractive market for both renters and investors.

Chanhassen MN Real Estate & City Facts

Key facts and real estate information about Chanhassen MN.

What are some of the best neighborhoods to live in Chanhassen? +
Some of the best neighborhoods to live in Chanhassen include Longacres Chanhassen, which is a peaceful and family-friendly area with beautiful trails and abundant trees. Other desired areas tend to be in the southeast parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Chanhassen? +
Chanhassen has a variety of attractions, including Paisley Park, the Minnesota Landscape Arboretum, and Lake Minnewashta Regional Park. You can also enjoy a show at the Chanhassen Dinner Theatres or visit the Temple of ECK Contemplation Trails. Additionally, the city has several parks, such as Lake Ann Park, which offers trails and outdoor activities.
What is the food scene like in Chanhassen? +
Chanhassen has a diverse food scene, with a range of restaurants serving different cuisines. Some popular options include Houlihan's, Med Box Grill, and NA S Thai Cafe. You can also find unique eateries like Tequila Butcher and Axel's Chanhassen. There are also plenty of great food trucks and cafes in the area.
What are the pros and cons of living in Chanhassen? +
The pros of living in Chanhassen include its peaceful and family-friendly atmosphere, beautiful trails and parks, and a range of attractions and activities. However, the city may have a higher cost of living, with housing expenses 15% higher than the national average. Additionally, some residents may find the city's suburban feel and limited public transportation options to be drawbacks.
Is Chanhassen a good place to live? +
Overall, Chanhassen is a great place to live, offering a unique blend of natural beauty, outdoor recreation, and cultural attractions. While it may have some drawbacks, such as a higher cost of living, the city's many advantages make it an attractive option for families, professionals, and anyone looking for a peaceful and welcoming community.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Chanhassen MN Commercial Property: $118,547

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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