Chisago City, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Chisago City, Minnesota Market population: 6K. Explore income-producing properties with verified cap rates and...
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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 Chisago City MN Properties: 0.9100%
⭐ 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 Chisago City MN
Common questions from investors exploring commercial real estate in Chisago City MN.
What's the overall investment outlook for Chisago City, MN?
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With a median household income of $83,419 and a low poverty rate of 4.2%, Chisago City presents a stable investment market, further reinforced by its high health insurance coverage rate of 96.2% and relatively low income inequality, as indicated by a GINI coefficient of 0.363.
How does the local economy impact real estate demand?
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The top industries in Chisago City, including Retail Trade, Healthcare & Social Assistance, and Manufacturing, contribute to a diverse economy, which, combined with a high employment rate and average commute time of 34.4 minutes, suggests a strong and stable demand for housing, especially considering the dominant White population and low foreign-born rate of 2.3%.
What are the key factors influencing property values in Chisago City?
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The median property value of $243,400, coupled with a high homeownership rate of 86.3% and median property taxes of $2,342, indicates a robust housing market, which is further supported by the city's low poverty rate of 4.2% and high health insurance coverage of 96.2%, suggesting a stable and secure environment for property investment.
How does the demographic makeup of Chisago City affect rental yields?
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The predominantly White population, with 95.6% of residents identifying as White, and a low foreign-born rate of 2.3%, may influence rental yields, but when considered alongside the strong median household income of $83,419, low poverty rate, and high health insurance coverage, it suggests a market with stable, working-class tenants who can afford rentals, potentially leading to consistent rental income.
What role does quality of life play in the attractiveness of Chisago City for real estate investment?
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The average commute time of 34.4 minutes, with a significant portion of the population driving alone or working from home, and the high health insurance coverage rate of 96.2%, contribute to a high quality of life, which, when combined with the city's diverse top industries and low poverty rate, makes Chisago City an attractive location for both residents and investors, potentially leading to long-term appreciation in property values and stable rental yields.
Chisago City MN Real Estate & City Facts
Key facts and real estate information about Chisago City MN.
What are some of the best neighborhoods to live in Chisago City?
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Some of the best neighborhoods to live in Chisago City include Point Pleasant Heights, which is known for its friendly staff and community of friends who live there. According to Nextdoor, Chisago City is a friendly, family-oriented neighborhood with a peaceful atmosphere and beautiful lake views. Other sources like Niche and Homes.com also provide information about the best places to live in Chisago City, including rankings and reviews.
What are some fun things to do in Chisago City?
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There are plenty of fun things to do in Chisago City, including visiting the WineHaven Winery and Vineyard, Uncommon Loon Brewing Company, and the Chisago City Farmers Market. You can also explore the Ojiketa Regional Park or play a round of golf at one of the many golf courses in the area, such as Bulrush Golf Course or Falcon Ridge Golf Course. Additionally, the Franconia Sculpture Park is a unique venue that showcases outdoor sculptures and offers a variety of events and activities.
What is the food scene like in Chisago City?
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The food scene in Chisago City is diverse and offers a range of options, from vintage drive-ins to riverboat dining. You can find traditional cafes and restaurants, as well as bars and breweries. Some popular restaurants include Scooters, which features live music and a variety of food options, and Jay's Kitchen Thai Street Food, which serves authentic Thai cuisine. There are also plenty of great Chinese restaurants in the area, such as China Panda and Lucky Panda.
What are the pros and cons of living in Chisago City?
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The pros of living in Chisago City include its peaceful and quiet atmosphere, low levels of traffic noise, and beautiful lake views. The city also has a strong sense of community, with many family-friendly neighborhoods and a variety of community events. However, some cons of living in Chisago City include its relatively small size, which may limit job opportunities and entertainment options. Additionally, the city may experience cold winters and hot summers, which can be a challenge for some residents.
Is Chisago City a good place to live?
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Overall, Chisago City is a great place to live for those who value a peaceful and quiet atmosphere, a strong sense of community, and easy access to outdoor recreation. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle, Chisago City offers a unique and charming quality of life that makes it an attractive option for many people. With its beautiful lake views, friendly community, and variety of things to do, Chisago City is definitely worth considering as a 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 Chisago City MN Commercial Property: $83,419
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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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