North St. Paul, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in North St. Paul, Minnesota Market population: 12K. Compare commercial properties across all major asset...
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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 North St. Paul 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 North St. Paul MN
Common questions from investors exploring commercial real estate in North St. Paul MN.
What's the overall investment outlook for North St. Paul, MN?
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With a median household income of $51,711, a relatively low poverty rate of 11.7%, and a high health insurance coverage rate of 95.2%, North St. Paul presents a stable investment market, further supported by its diverse economy with top industries in Public Administration, Finance & Insurance, and Construction.
How does the city's ethnic diversity impact market demand?
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The city's ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Asian, suggests a culturally rich and potentially vibrant market, which, combined with an average commute time of 23.8 minutes and a high employment rate, indicates a strong demand for housing and rentals.
What are the key factors influencing tenant quality in North St. Paul?
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The combination of a low poverty rate of 11.7% and a high health insurance coverage rate of 95.2% suggests a working-class market with employment stability, while the foreign-born rate of 8.5% and top industries in Public Administration and Finance & Insurance indicate a diverse and potentially reliable tenant base.
How does the city's commute infrastructure affect market stability?
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The average commute time of 23.8 minutes, coupled with the top commute methods being driving alone, working from home, and carpooling, indicates a well-developed infrastructure that supports a stable and reliable workforce, which in turn contributes to a stable housing market, especially considering the median property value of $183,200.
What role does the city's economic inequality play in investment decisions?
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With a GINI coefficient of 0.42, indicating moderate income inequality, and a median household income of $51,711, investors should consider the balance between affordable housing options and the potential for property appreciation, given the city's median property value of $183,200 and a homeownership rate of 66.8%, suggesting a relatively stable and potentially growing market.
North St. Paul MN Real Estate & City Facts
Key facts and real estate information about North St. Paul MN.
What are some of the best neighborhoods to live in North St. Paul?
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Some of the best neighborhoods to live in North St. Paul include Jennifer Court, Macalester-Groveland, and East Saint Paul near Lake Phalen. These neighborhoods offer a mix of affordability, safety, and accessibility to local amenities.
What are some fun things to do in North St. Paul?
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North St. Paul has a variety of attractions and activities to enjoy, including the Como Park Zoo and Conservatory, Lake Phalen, and the Historic Downtown St Paul Food Tour. You can also explore the city's many parks, such as Battle Creek Regional Park and Harriet Island Regional Park.
What is the food scene like in North St. Paul?
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The food scene in North St. Paul is diverse and vibrant, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include Mac's Diner, Bella Ciao Pasta and Bar Ristorante, and Cal's Pizza Factory. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in North St. Paul?
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The pros of living in North St. Paul include its affordable housing, safe neighborhoods, and easy access to local amenities. However, some cons include the city's limited job opportunities and higher crime rates compared to other parts of the Twin Cities. Overall, North St. Paul is a great option for those looking for a affordable and family-friendly community.
Is North St. Paul a good place to live?
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North St. Paul is a great place to live for those who value affordability, safety, and a strong sense of community. While it may not have all the amenities and job opportunities of larger cities, it offers a unique blend of small-town charm and urban accessibility. Ultimately, whether North St. Paul is a good place to live depends on your individual priorities and preferences.
⭐ 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 North St. Paul MN Commercial Property: $51,711
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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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