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St. Michael, MN High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in St. Michael, Minnesota Market population: 17K. 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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For St. Michael MN Properties: 1.0600%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For St. Michael MN

Common questions from investors exploring commercial real estate in St. Michael MN.

What is the overall investment potential of St. Michael, MN, considering its demographic and economic factors? +
The city's high median household income of $89,561, combined with a low poverty rate of 2.4% and a high health insurance coverage rate of 97.1%, suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the city's ethnic diversity and industry landscape impact the demand for housing and rental properties? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, and its strong industries such as Finance & Insurance, and Public Administration, contribute to a steady demand for housing and rental properties, making it an attractive market for investors looking for long-term growth and stability.
What are the key factors that influence the quality of life in St. Michael, MN, and how do they impact the real estate market? +
The city's average commute time of 31.7 minutes, high health insurance coverage rate of 97.1%, and low poverty rate of 2.4% all contribute to a high quality of life, making it an attractive location for residents and investors alike, and supporting a strong and stable real estate market.
How does the city's housing market, including its median property value and homeownership rate, impact the potential for real estate investment? +
The city's high median property value of $225,300 and high homeownership rate of 89.8% suggest a strong and stable housing market, with a high potential for property appreciation and rental income, making it an attractive market for investors looking for long-term growth and returns.
What are the implications of the city's economic and demographic factors, including its GINI coefficient and foreign-born rate, for real estate investors? +
The city's relatively low GINI coefficient of 0.321 and low foreign-born rate of 2.8% suggest a stable and equitable economy, with a low risk of economic disruption or instability, making it an attractive market for real estate investors looking for long-term growth and stability.

St. Michael MN Real Estate & City Facts

Key facts and real estate information about St. Michael MN.

What are some of the best neighborhoods to live in St. Michael? +
Some of the best neighborhoods to live in St. Michael include Shandosy Hills, which is a peaceful and family-friendly area with lush green spaces and well-kept homes. Other desirable areas tend to be in the south parts of the city, while more affordable homes are in the southeast regions.
What are some fun things to do in St. Michael? +
There are plenty of fun things to do in St. Michael, including visiting the Le Musique Room, Fox Hollow Golf Club, Becker Big Woods, and St. Michael Cinema. You can also check out the Upper Rec Soccer Fields or explore the nearby Minnesota Children's Museum, Minnesota Zoo, or Valleyfair Amusement Park.
What is the food scene like in St. Michael? +
The food scene in St. Michael is diverse and exciting, with restaurants like Brick & Bourbon, Main Street Farmer Eatery, and The Hen & The Hog offering a range of cuisines and dining experiences. There are also plenty of great food trucks and casual eateries to try, such as Dairy Queen and Domino's Pizza.
What are the pros and cons of living in St. Michael? +
The pros of living in St. Michael include its peaceful and family-friendly atmosphere, with plenty of green spaces and community events. However, some cons include the relatively high cost of living and limited job opportunities in certain industries. Additionally, the city can be quite suburban and may not offer the same level of nightlife or cultural activities as larger cities.
Is St. Michael a good place to live? +
Overall, St. Michael is a great place to live for those who value a peaceful and family-friendly atmosphere, with plenty of outdoor activities and community events to enjoy. While it may not be the best fit for everyone, particularly those looking for a more urban lifestyle, it is definitely worth considering for those who prioritize a safe and welcoming community.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For St. Michael MN Commercial Property: $89,561

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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