Shoreview, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Shoreview, Minnesota Market population: 25K. Compare commercial properties across all major asset classes with...
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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
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Shoreview MN Properties: 1.2700%
⭐ 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 Shoreview MN
Common questions from investors exploring commercial real estate in Shoreview MN.
What makes Shoreview, MN an attractive market for real estate investment?
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The combination of a high median household income of $77,346, low poverty rate of 4.6%, and high health insurance coverage of 97.3% suggests a stable and secure market for investors, with a strong potential for rental income and property appreciation. Additionally, the top industries in Information, Manufacturing, and Finance & Insurance, & Real Estate & Rental & Leasing provide a diverse economic base, while the average commute time of 24.1 minutes and high homeownership rate of 82.2% indicate a high quality of life for residents. The ethnic diversity, with a mix of White, White Non-Hispanic, and Asian populations, also contributes to a vibrant and dynamic community.
How does the commute time and transportation infrastructure impact the rental market in Shoreview, MN?
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The average commute time of 24.1 minutes in Shoreview, MN, which is relatively short, combined with the top commute methods of driving alone, working at home, and carpooling, indicates a well-planned transportation infrastructure that supports a convenient and accessible lifestyle for renters. This, along with the high health insurance coverage of 97.3% and low poverty rate of 4.6%, suggests a stable and secure rental market with a high potential for long-term tenants and consistent rental income. The median property value of $238,600 and median property taxes of $8,931 also provide a solid foundation for investors to generate returns.
What role does ethnic diversity play in shaping the demand for real estate in Shoreview, MN?
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The ethnic diversity in Shoreview, MN, with a mix of White, White Non-Hispanic, and Asian populations, contributes to a vibrant and dynamic community that attracts a wide range of residents and businesses. This diversity, combined with the top industries in Information, Manufacturing, and Finance & Insurance, & Real Estate & Rental & Leasing, creates a strong demand for real estate, including both rental and ownership opportunities. The high median household income of $77,346 and low poverty rate of 4.6% also support a stable and secure market, while the average commute time of 24.1 minutes and high homeownership rate of 82.2% indicate a high quality of life for residents.
How does the income inequality and poverty rate impact the quality of tenants in Shoreview, MN?
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The relatively low poverty rate of 4.6% and GINI coefficient of 0.431 in Shoreview, MN suggest a market with a strong and stable workforce, which is attractive to investors looking for high-quality tenants. The high health insurance coverage of 97.3% also indicates a population with access to healthcare and a lower risk of financial instability, which can lead to more reliable rental income and lower vacancy rates. Additionally, the median household income of $77,346 and top industries in Information, Manufacturing, and Finance & Insurance, & Real Estate & Rental & Leasing provide a diverse economic base that supports a wide range of employment opportunities and a high quality of life for residents.
What are the key factors that contribute to the stability and security of the real estate market in Shoreview, MN?
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The combination of a high median household income of $77,346, low poverty rate of 4.6%, and high health insurance coverage of 97.3% creates a stable and secure market for investors in Shoreview, MN. Additionally, the high homeownership rate of 82.2% and average commute time of 24.1 minutes indicate a high quality of life for residents, while the top industries in Information, Manufacturing, and Finance & Insurance, & Real Estate & Rental & Leasing provide a diverse economic base that supports a wide range of employment opportunities. The median property value of $238,600 and median property taxes of $8,931 also provide a solid foundation for investors to generate returns, making Shoreview, MN an attractive market for real estate investment.
Shoreview MN Real Estate & City Facts
Key facts and real estate information about Shoreview MN.
What are some of the best neighborhoods to live in Shoreview?
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Some of the best neighborhoods to live in Shoreview include Harriet Ave, Dellwood Ave, McCullough, Wilson Park, The Ponds, and the Snail Lake/Island Lake areas. These neighborhoods are known for their safe atmosphere, nature trails, and proximity to the lake.
What are some fun things to do in Shoreview?
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There are plenty of fun things to do in Shoreview, including visiting the Tropics Indoor Water Park, Sweetroll Skate Park, and Ramsey County and City Parks. You can also explore the Cafesjian Art Trust Museum, Island Lake County Park, and the Shoreview Community Center. If you're looking for more adventure, check out the Island Lake Golf & Training Center or take a stroll around the beautiful parks and trails.
What is the food scene like in Shoreview?
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The food scene in Shoreview is diverse and exciting, with a range of restaurants to choose from. Some popular spots include Churchill St, Green Mill Restaurant and Bar, Shore 96, and Oliver's. You can also find great Italian food at Mansetti's Pizza & Pasta, Asian cuisine at Red Ginger China Bistro, and Mexican food at Pancho's Taqueria. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Shoreview?
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The pros of living in Shoreview include its excellent schools, safe neighborhoods, and plenty of outdoor recreational activities. The city also has a strong sense of community, with many local events and festivals throughout the year. However, some cons include the potential for high property taxes and the need for a car to get around, as public transportation options are limited. Additionally, some residents may find the city's suburban atmosphere a bit quiet or boring at times.
Is Shoreview a good place to live?
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Overall, Shoreview is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, safe neighborhoods, and plenty of outdoor recreational activities, it's an ideal choice for families and individuals alike. While it may have some drawbacks, such as high property taxes and limited public transportation, the city's strong sense of community and diverse food scene make it a wonderful place to call home.
⭐ 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 Shoreview MN Commercial Property: $77,346
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⭐ 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
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⭐ 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
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⭐ 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
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