Grove City, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Grove City, Minnesota Market population: 36K. Browse multifamily, office, retail, industrial, and mixed-use investment...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Grove City OH Properties: 2.1300%
⭐ 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 Grove City OH
Common questions from investors exploring commercial real estate in Grove City OH.
What is the overall investment potential of Grove City, OH?
+
Grove City, OH offers a stable investment market with a median household income of $66,299, a relatively low poverty rate of 6.8%, and a high health insurance coverage rate of 94.7%, indicating a strong and healthy workforce. The top industries, including Public Administration and Finance & Insurance, also contribute to the city's economic stability. With a median property value of $160,100 and a homeownership rate of 70.4%, the city presents a promising opportunity for real estate investors.
How does the demographic diversity of Grove City, OH impact the rental market?
+
The city's demographic diversity, with a population that is 47.3% White and 1.7% Black, and a foreign born rate of 3.4%, suggests a relatively homogeneous market. However, the low poverty rate of 6.8% and high health insurance coverage rate of 94.7% indicate a stable and employed population, which can lead to a lower risk of rental income loss. Additionally, the top commute methods, including driving alone and working from home, suggest a flexible and adaptable workforce.
What are the key factors that contribute to the quality of life in Grove City, OH?
+
The average commute time of 21.9 minutes, which is relatively low, and the top commute methods, including driving alone and working from home, contribute to a high quality of life in Grove City, OH. Furthermore, the high health insurance coverage rate of 94.7% and the low poverty rate of 6.8% suggest a healthy and stable population. The city's median age of 38.4 and the presence of top industries, including Public Administration and Finance & Insurance, also indicate a strong and growing economy.
How does the economic inequality in Grove City, OH affect the real estate market?
+
The Gini coefficient of 0.381 indicates a moderate level of economic inequality in Grove City, OH. However, the median household income of $66,299 and the low poverty rate of 6.8% suggest that the city's economy is relatively strong and stable. The top industries, including Public Administration and Finance & Insurance, also contribute to the city's economic growth and stability. Additionally, the median property value of $160,100 and the homeownership rate of 70.4% indicate a relatively affordable and accessible housing market.
What are the implications of the city's transportation infrastructure on the real estate market?
+
The average commute time of 21.9 minutes and the top commute methods, including driving alone and working from home, suggest a well-developed transportation infrastructure in Grove City, OH. The presence of major industries, including Construction, also indicates a strong and growing economy. Furthermore, the city's relatively low poverty rate of 6.8% and high health insurance coverage rate of 94.7% suggest a stable and employed population, which can lead to a lower risk of rental income loss and a more attractive real estate market.
Grove City OH Real Estate & City Facts
Key facts and real estate information about Grove City OH.
What are some of the best neighborhoods to live in Grove City?
+
Some of the best neighborhoods to live in Grove City include Hampton, Hoover Crossing, Indian Trails, Meadow Grove, Creekside, Pinnacle, and Trail View Run. These neighborhoods offer a range of housing options, from affordable homes to more upscale properties, and are known for their family-friendly atmosphere and convenient access to local amenities.
What are some fun things to do in Grove City?
+
There are plenty of fun things to do in Grove City, including visiting the Gardens at Gantz Farm, exploring Fryer Park, and checking out the Scioto Grove Metro Park. You can also visit the Grove City Welcome Center and Museum, go on a scavenger hunt, or attend one of the city's many festivals and events, such as the Wine & Arts Festival or the Bourbon & Spirits Fest.
What is the food scene like in Grove City?
+
The food scene in Grove City is vibrant and diverse, with a range of unique restaurants and eateries to choose from. Some popular spots include Blu-Willy's, known for their unique burgers, and Grove City Brewing Company, which offers a variety of craft beers and delicious pub fare. You can also find great Mexican food at 3 Brothers Diner, or try some American cuisine at Roosters.
What are the pros and cons of living in Grove City?
+
The pros of living in Grove City include its family-friendly atmosphere, convenient access to local amenities, and a range of housing options to suit different budgets and preferences. However, some cons include the city's relatively high property taxes and the potential for traffic and congestion in certain areas. Overall, Grove City is a great place to live for those who value a sense of community and a relaxed, small-town atmosphere.
Is Grove City a good place to live?
+
Yes, Grove City is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its family-friendly atmosphere, convenient location, and range of housing options, it's an attractive choice for families, young professionals, and retirees alike. While it may have some drawbacks, such as high property taxes, the city's many advantages make it a great 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 Grove City OH Commercial Property: $66,299
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement