Sauk Rapids, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Sauk Rapids, Minnesota Market population: 13K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Sauk Rapids MN Properties: 1.1000%
⭐ 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 Sauk Rapids MN
Common questions from investors exploring commercial real estate in Sauk Rapids MN.
What's the overall investment potential of Sauk Rapids, MN?
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The city's median household income of $56,217, combined with a relatively low poverty rate of 13.3% and high health insurance coverage of 95.4%, suggests a stable market with a strong potential for rental income and property appreciation, especially considering the top industries like Public Administration and Educational Services.
How does the local economy impact real estate investment in Sauk Rapids?
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With a diverse economy led by Public Administration, Educational Services, and Health Care, Sauk Rapids offers a stable employment market, as evidenced by the 6,752 employed population and a median age of 31.3, indicating a workforce with a strong potential for homeownership and rental demand, supported by a relatively low GINI coefficient of 0.378.
What are the key factors influencing property values in Sauk Rapids?
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The median property value of $152,400, coupled with a median property tax of $3,408 and a homeownership rate of 63.0%, suggests a balanced housing market, while the average commute time of 18.3 minutes and the prevalence of driving alone or working from home indicate convenient living conditions that could positively impact property values and attract potential buyers or renters.
How does the demographic diversity of Sauk Rapids impact investment decisions?
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The city's ethnic diversity, with White and White Non-Hispanic populations being the most prominent, alongside a notable presence of individuals of Two or More ethnicities, contributes to a culturally rich environment, which, combined with the low poverty rate and high health insurance coverage, suggests a market with a strong sense of community and potential for long-term investment stability.
What role does quality of life play in the attractiveness of Sauk Rapids for real estate investment?
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The short average commute time of 18.3 minutes, the high rate of health insurance coverage at 95.4%, and the significant portion of the population that drives alone or works from home, all contribute to a high quality of life in Sauk Rapids, making it an attractive location for both residents and investors, as these factors can lead to higher property values and lower vacancy rates over time.
Sauk Rapids MN Real Estate & City Facts
Key facts and real estate information about Sauk Rapids MN.
What are some of the best neighborhoods to live in Sauk Rapids?
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Some of the best neighborhoods to live in Sauk Rapids include River, which is a quiet and family-friendly area known for its beautiful parks and walkability. Other desirable areas tend to be in the west parts of the city, while more affordable homes can be found in the southwest regions.
What are some fun things to do in Sauk Rapids?
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There are plenty of fun things to do in Sauk Rapids, including visiting Summerland, Granite City Speedway, and Molitors Quarry Grill & Bar. You can also enjoy outdoor activities like fishing and boating on Big Birch Lake, or explore the nearby Lake Wobegon Trail. Additionally, the city hosts various events throughout the year, such as the annual Fire Department Open House in October.
What is the food scene like in Sauk Rapids?
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The food scene in Sauk Rapids is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include Lost Times Tavern, The Pickled Loon, Los Mariachis Mexican Grill, and Olde Brick House. You can also find great food at Jimmy's Pour House, which serves Irish cuisine and has a cozy atmosphere. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Sauk Rapids?
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The pros of living in Sauk Rapids include its family-friendly atmosphere, beautiful parks, and outdoor recreational opportunities. The city also has a relatively low cost of living and a strong sense of community. However, some cons include the limited job opportunities and a relatively small downtown area. Additionally, the city can be quite quiet and may not be suitable for those looking for a more vibrant nightlife.
Is Sauk Rapids a good place to live?
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Overall, Sauk Rapids is a great place to live for those who value a quiet, family-friendly atmosphere and easy access to outdoor recreational opportunities. While it may not be the best fit for everyone, the city's strong sense of community, beautiful parks, and relatively low cost of living make it an attractive option for many. As with any city, it's essential to weigh the pros and cons and consider your individual needs and preferences before deciding if Sauk Rapids is the right place for you.
⭐ 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 Sauk Rapids MN Commercial Property: $56,217
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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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