Fridley, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Fridley, Minnesota Market population: 27K. 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 Fridley MN Properties: 4.2500%
⭐ 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 Fridley MN
Common questions from investors exploring commercial real estate in Fridley MN.
What is the overall investment climate like in Fridley, MN, considering factors like poverty rate and health insurance coverage?
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The 11.3% poverty rate in Fridley, MN, combined with a high health insurance coverage rate of 91.8%, suggests a relatively stable market with a significant portion of the population having access to healthcare, which can be indicative of a working-class demographic with employment stability. This, along with a median household income of $53,722, presents an attractive investment opportunity. The diverse economy, with top industries including Finance & Insurance, and Real Estate & Rental & Leasing, further supports the stability of the market.
How does the commute time and method impact the quality of life for residents and potential renters in Fridley, MN?
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With an average commute time of 22.7 minutes and top commute methods being driving alone, working from home, and carpooling, Fridley, MN, offers a convenient and relatively quick commute, enhancing the quality of life for residents. This, coupled with a high health insurance rate, suggests a stable and attractive environment for potential renters, making it an appealing location for real estate investment.
What role does ethnic diversity play in the demand for housing and rentals in Fridley, MN, and how might it influence investment decisions?
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The ethnic diversity in Fridley, MN, with top ethnicities being White, White Non-Hispanic, and Black, contributes to a vibrant community that can attract a wide range of residents. This diversity, combined with a strong employment sector and relatively low poverty rate, can lead to a stable demand for housing and rentals, making it an important consideration for investors looking to capitalize on a dynamic and inclusive market.
How do the median property value and property taxes in Fridley, MN, impact the ROI for real estate investors, and what are the implications for investment strategies?
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The median property value of $174,400 and median property taxes of $7,350 in Fridley, MN, are crucial factors for investors to consider when evaluating potential ROI. Given the city's stable economic indicators, such as a low poverty rate and high employment, these property values and taxes can offer a balanced investment opportunity, with the potential for appreciation in property value over time, especially when considering the city's diverse industries and relatively high homeownership rate of 62.3%.
What insights can be gleaned from the top industries in Fridley, MN, for real estate investment, particularly in terms of market demand and stability?
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The top industries in Fridley, MN, including Finance & Insurance, and Real Estate & Rental & Leasing, indicate a strong and diversified economic base. This diversity, along with a significant portion of the population employed in these sectors, suggests a stable market with consistent demand for housing and rentals, thereby reducing the risk for real estate investors and making Fridley, MN, an attractive location for investment, especially when considering the relatively low poverty rate and high health insurance coverage.
Fridley MN Real Estate & City Facts
Key facts and real estate information about Fridley MN.
What are some of the best neighborhoods to live in Fridley?
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Some of the best neighborhoods to live in Fridley include North Park, which is known for its affordability and friendliness. Other desirable areas tend to be in the central parts of the city, while more affordable homes are in the southwest regions. Neighborhoods like Columbia Heights and Eastern Fridley have very low crime rates, decent housing stock, and larger lot sizes.
What are some fun things to do in Fridley?
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There are plenty of fun things to do in Fridley, such as visiting the Springbrook Nature Center, which has three miles of hiking trails through oak and aspen forests, past prairies, and through wetlands with floating boardwalks. You can also check out Moore Lake Park and Beach, Riverfront Regional Park, and Sand Dunes Natural History Area. For some indoor fun, head to Game Show Battle Rooms or Rivershore Aquariums.
What is the food scene like in Fridley?
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The food scene in Fridley is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include Zantigo Mexican Restaurant, The King's Thai Cuisine, and Paradise Biryani Pointe. There are also plenty of great food trucks and casual eateries like Smoky's Grill and Kusina - A Pinoy Turo Turo Restaurant. For a night out, try Route 47 Pub & Grub, which serves great burgers and pub food and has live music on weekends.
What are the pros and cons of living in Fridley?
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One of the pros of living in Fridley is its affordable housing options, with a range of prices to suit different budgets. The city also has a low crime rate and a strong sense of community. However, some cons include the limited job opportunities and a relatively high poverty rate. Additionally, traffic can be a issue in some areas, especially during rush hour. Overall, Fridley is a great option for those looking for a quiet, suburban lifestyle with easy access to Minneapolis.
Is Fridley a good place to live?
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Fridley can be a great place to live, depending on your priorities and lifestyle. If you're looking for an affordable, quiet suburban area with a strong sense of community, Fridley might be an excellent choice. However, if you're looking for a more urban lifestyle with plenty of job opportunities and entertainment options, you might want to consider other areas. Ultimately, it's essential to weigh the pros and cons and visit Fridley in person to get a feel for the city and its neighborhoods.
⭐ 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 Fridley MN Commercial Property: $53,722
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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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