Cottage Grove, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cottage Grove, Minnesota Market population: 35K. Compare commercial properties across all major asset classes...
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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 Cottage Grove 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 Cottage Grove MN
Common questions from investors exploring commercial real estate in Cottage Grove MN.
What is the overall investment potential of Cottage Grove, MN?
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The 4.1% poverty rate and 96.3% health insurance coverage in Cottage Grove suggest a stable and employed population, making it an attractive market for real estate investment, especially considering the top industries like Information and Finance & Insurance which drive the local economy.
How does the demographic diversity impact the demand for housing in Cottage Grove?
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The presence of a diverse population with top ethnicities like White, White Non-Hispanic, and Asian, combined with a foreign born rate of 4.2%, indicates a potentially robust demand for housing from a variety of demographic groups, which can be beneficial for investors looking to rent out properties.
What are the key factors that influence the quality of life for residents and tenants in Cottage Grove?
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The average commute time of 24.5 minutes, top commute methods like driving alone or working from home, and a high health insurance coverage rate of 96.3% contribute to a good quality of life, suggesting that tenants will be stable and reliable, which is a crucial factor for investors to consider when evaluating the local rental market.
How does the economic profile of Cottage Grove impact its attractiveness as an investment destination?
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With a median household income of $81,622, an employed population of 18,448, and key industries such as Transportation & Warehousing and Finance & Insurance, Cottage Grove presents a strong economic foundation, which, when combined with its relatively low poverty rate of 4.1% and high homeownership rate of 87.7%, makes it an appealing location for real estate investment.
What role do property values and taxes play in the investment decision for Cottage Grove?
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The median property value of $208,300 and median property taxes of $10,443 in Cottage Grove need to be considered in the context of the city's overall economic stability, indicated by factors like the GINI coefficient of 0.321 and the high average household income, to assess the potential return on investment and the affordability of properties for both investors and tenants.
Cottage Grove MN Real Estate & City Facts
Key facts and real estate information about Cottage Grove MN.
What are some of the best neighborhoods to live in Cottage Grove?
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Some of the best neighborhoods to live in Cottage Grove include East Ravine, which is known for its beautiful natural surroundings and large lots. Other neighborhoods like Cathedral Hill, Summit Hill, and West 7th are also popular for their green spaces and walkability. You can also consider neighborhoods like Woodridge and Hamlet Park, which offer a range of housing options and community amenities.
What are some fun things to do in Cottage Grove?
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There are plenty of fun things to do in Cottage Grove, including visiting the Washington County Ravine Regional Park, which offers hiking and biking trails, as well as picnic areas and a playground. You can also check out the Woodridge Park, which features a disc golf course, splash pad, and municipal golf course. If you're looking for something more adventurous, you can head to the Extreme Sandbox or Rusty Bucket Acres. For some local flavor, be sure to visit the Zywiec's Berryland Farms or the River Oaks Golf Course.
What is the food scene like in Cottage Grove?
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The food scene in Cottage Grove is diverse and exciting, with a range of restaurants to suit every taste. Some popular spots include Casa Mia Restaurant & Bar, which serves up delicious Italian cuisine, and Mi Pueblo, which offers a range of Mexican dishes. You can also check out the Muddy Cow Bar & Grill, which is known for its mouth-watering burgers and lively patio atmosphere. There are also plenty of great food trucks and casual eateries to grab a quick bite, so you're sure to find something that suits your cravings.
What are the pros and cons of living in Cottage Grove?
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One of the pros of living in Cottage Grove is its natural beauty, with plenty of parks and green spaces to enjoy. The city also has a range of community amenities, including a bike park, dog park, and disc golf course. However, some cons of living in Cottage Grove include the potential for traffic and congestion, particularly during rush hour. Additionally, some residents may find the city's suburbs to be a bit sleepy or lacking in nightlife options. Overall, though, Cottage Grove is a great place to live for those who value a strong sense of community and easy access to outdoor recreation.
Is Cottage Grove a good place to live?
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Yes, Cottage Grove is a good place to live, offering a unique blend of natural beauty, community amenities, and small-town charm. While it may not be the most exciting or vibrant city, it has a lot to offer residents who value a relaxed pace of life and easy access to outdoor recreation. With its range of housing options, good schools, and low crime rate, Cottage Grove is a great choice for families, retirees, and anyone looking for a quiet and comfortable 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 Cottage Grove MN Commercial Property: $81,622
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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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