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Crookston, NE Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Crookston, Nebraska Market population: 8K. Explore income-producing properties with verified cap rates and operating...

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📊 Avg Property Tax Rate For Crookston MN Properties: 1.4100%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF
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📊 Average Income For Crookston MN Commercial Property: $47,101

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF
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Investor Questions For Crookston MN

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

What's the overall investment potential of Crookston, MN, considering its demographic and economic factors? +
Crookston's 17.2% poverty rate, combined with a 94.4% health insurance coverage, suggests a relatively stable workforce, while its top industries, including Other Services and Public Administration, indicate a diverse economic base, making it an attractive location for investment, especially given the city's low average commute time of 13.4 minutes.
How does the ethnic diversity and income inequality in Crookston impact the real estate market? +
The city's ethnic diversity, with 45.5% White, 41.8% White Non-Hispanic, and 6.5% Hispanic populations, contributes to a vibrant community, while its GINI coefficient of 0.435 and median household income of $47,101 suggest a mix of income levels, which can influence rental yields and property appreciation, particularly in areas with high demand from the employed population of 3,802.
What role do commute times and health insurance coverage play in assessing market stability for real estate investments in Crookston? +
The average commute time of 13.4 minutes and high health insurance coverage of 94.4% in Crookston indicate a stable and healthy workforce, which is crucial for maintaining consistent rental income and property values, as it suggests that residents have access to employment opportunities and can afford living expenses, including housing costs.
How do the top industries in Crookston, such as Other Services and Public Administration, affect the demand for real estate? +
The presence of diverse top industries, including Other Services, Professional Services, and Public Administration, in Crookston contributes to a stable demand for housing, as these sectors tend to provide a consistent source of employment, which in turn supports the local real estate market, especially when considering the city's median property value of $102,900 and homeownership rate of 60.5%.
What insights can be gained from Crookston's population, median age, and foreign-born rate for real estate investment strategies? +
Crookston's population of 7,881, median age of 36.1, and foreign-born rate of 2.3% provide insights into the city's demographic trends, suggesting a relatively small, youthful community with a low rate of international migration, which can influence housing preferences and market dynamics, particularly in terms of predicting future demand for certain types of properties and the potential for rental yield growth.

Crookston MN Real Estate & City Facts

Key facts and real estate information about Crookston MN.

What are some of the best neighborhoods to live in Crookston? +
Some of the best neighborhoods to live in Crookston include areas near the University of Minnesota Crookston, as well as neighborhoods with easy access to downtown Crookston. According to reviews on Niche, some residents have mentioned that the city has a strong sense of community, but others have noted that it can be difficult to adjust to the small-town atmosphere. It's worth noting that Crookston has a relatively low cost of living and a range of housing options available.
What are some fun things to do in Crookston? +
There are plenty of fun things to do in Crookston, including visiting the Crookston Museum, exploring the downtown area, and taking advantage of outdoor activities like fishing and hiking. According to the Crookston Visitors Bureau, some popular attractions include the Historic City Hall, the Polk County Museum, and the Crookston Riverwalk. You can also catch a show or concert at the Crookston High School Auditorium or grab a bite to eat at one of the local restaurants, like Drafts Sports Bar & Grill or Irishman's Shanty.
What is the food scene like in Crookston? +
The food scene in Crookston is surprisingly diverse, with a range of options including Chinese, Mexican, and American cuisine. Some popular restaurants include China Moon, Hong's Chinese Restaurant, and Happy Joe's Pizza. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. According to Yelp, some of the top-rated restaurants in Crookston include Drafts Sports Bar & Grill, Irishman's Shanty, and Caribou Coffee.
What are the pros and cons of living in Crookston? +
Some pros of living in Crookston include the low cost of living, the strong sense of community, and the range of outdoor activities available. However, some cons include the limited job opportunities, the small-town atmosphere, and the potential for harsh winters. According to Data USA, Crookston has a median household income of $47,101 and a poverty rate of 17.2%, which may be a challenge for some residents. On the other hand, the city has a high school graduation rate of 92.1% and a range of community events and activities throughout the year.
Is Crookston a good place to live? +
Whether or not Crookston is a good place to live depends on your individual preferences and priorities. If you're looking for a small-town atmosphere with a strong sense of community and plenty of outdoor activities, Crookston may be a great fit. However, if you're looking for a more urban environment with a range of job opportunities and cultural amenities, you may want to consider other options. According to Niche, Crookston ranks #50 in the state for places with the lowest cost of living, which may be a draw for some residents. Ultimately, it's worth visiting Crookston and getting a feel for the community before making a decision.
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Investment Opportunities by City

Abie - High Cap Rate Abie - High NOI Abie - Premium Properties Abie - Affordable Deals Adams - High Cap Rate Adams - High NOI Adams - Premium Properties Adams - Affordable Deals Agnew - High Cap Rate Agnew - High NOI Agnew - Premium Properties Agnew - Affordable Deals Ainsworth - High Cap Rate Ainsworth - High NOI Ainsworth - Premium Properties Ainsworth - Affordable Deals Albion - High Cap Rate Albion - High NOI Albion - Premium Properties Albion - Affordable Deals Alda - High Cap Rate Alda - High NOI Alda - Premium Properties Alda - Affordable Deals

Property Types by City

Multifamily - Abie, NE Apartment Building - Abie, NE Multifamily (Condo) - Abie, NE Multifamily - Adams, NE Apartment Building - Adams, NE Multifamily (Condo) - Adams, NE Multifamily - Agnew, NE Apartment Building - Agnew, NE Multifamily (Condo) - Agnew, NE Multifamily - Ainsworth, NE Apartment Building - Ainsworth, NE Multifamily (Condo) - Ainsworth, NE Multifamily - Albion, NE Apartment Building - Albion, NE Multifamily (Condo) - Albion, NE

Crookston, NE Investment Filters

High Cap Rate - Crookston, NE

Top yielding investment properties with strong returns in Crookston, NE

Medium Cap Rate - Crookston, NE

Balanced investment opportunities with moderate returns in Crookston, NE

Low Cap Rate - Crookston, NE

Stable properties with appreciation potential in Crookston, NE

High NOI - Crookston, NE

Properties with strong net operating income in Crookston, NE

Medium NOI - Crookston, NE

Solid performing properties with steady income in Crookston, NE

Premium Properties - Crookston, NE

High-value commercial real estate over $1M in Crookston, NE

Affordable Deals - Crookston, NE

Entry-level investment opportunities under $500K in Crookston, NE

Mid-Range Properties - Crookston, NE

Properties priced between $500K and $1M in Crookston, NE

High Yield Deals - Crookston, NE

Best performing properties with high cap rate and NOI in Crookston, NE

Best Value Investments - Crookston, NE

Affordable properties with high cap rates in Crookston, NE