Delano River Bluffs - 4xxx lincoln street St

Delano, MN 55328

• Investment Property
• Land for Sale
• $1,025,655 CAD
• 10 AC Lot

Delano Land for Sale - Wright County

Seller open to discuss optional partnership on 6 remaining acres high ground for twin homes.

Contact:

RE/MAX Results Eden Prairie

Property Subtype:

Commercial

Date on Market:

2025-10-28

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Phalen Shores Apartments - 985 Ivy Ave E

Saint Paul, MN 55106

• Investment Property
• Multifamily for Sale
• $9,059,953 CAD
• 44,431 SF

• Air Conditioning
• Security System
• Controlled Access
• Kitchen
• Wheelchair Accessible

Saint Paul Multifamily for Sale - Suburban St Paul

Phalen Shores Apartments presents an exceptional opportunity to acquire a 53-unit, five-story multifamily community located in Saint Paul’s established Phalen Park neighborhood. The property features 29 two-bedroom and 24 one-bedroom apartment homes, each offering spacious layouts and modern updates designed for long-term resident comfort and appeal. Residents enjoy a full suite of amenities, including a community room, laundry facilities on each level, heated underground parking, secure entry, and individual storage units. The property also features a new roof installed in 2018 and a rooftop solar energy system, reducing operating expenses and supporting long-term sustainability. Originally developed as senior housing, Phalen Shores offers flexibility for traditional multifamily or senior living operations, allowing investors to align the property with diverse resident needs and market opportunities. Located just blocks from Lake Phalen and minutes from downtown Saint Paul, the property provides excellent access to parks, retail, healthcare, and major employment centers. With its desirable unit mix, solid construction, and strong submarket fundamentals, Phalen Shores Apartments represents a income-producing asset with sustainable efficiency and long-term value growth potential in one of Saint Paul’s most connected and established neighborhoods.

Contact:

VY Management

Property Subtype:

Apartment

Date on Market:

2025-10-16

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Former Fire Station - 4701 Galaxie Ave

Eagan, MN 55122

• Investment Property
• Flex for Sale
• $2,598,326 CAD
• 5,056 SF

Eagan Flex for Sale - Burnsville/Eagan/Apple Vy

Positioned in the heart of Eagan, this meticulously maintained former fire station offers a rare opportunity for adaptive reuse or redevelopment. Situated on 2.73 acres with direct access to Cliff Road and I-35E, the site benefits from exceptional visibility and traffic counts exceeding 100,000 vehicles per day. The existing 5,056 SF building shell is ideal for conversion to medical, laboratory, or community service use, and the property’s zoning and infrastructure support a range of future possibilities including multifamily or senior housing development. Eagan is one of Minnesota’s most desirable suburbs, ranked #14 by Niche for livability. The area blends suburban comfort with urban accessibility, just 15 minutes from both downtown Minneapolis and St. Paul. Nearby attractions include Viking Lakes—the Minnesota Vikings’ headquarters—Twin Cities Premium Outlets, Cascade Bay Waterpark, and Lebanon Hills Regional Park. The property is also within 5–15 minutes of the Mall of America, MSP International Airport, and the Minnesota Zoo. Surrounded by national and regional retailers, the site enjoys consistent consumer traffic and strong demographics, with a 5-mile population nearing 200,000 and average household incomes exceeding $124,000. With 10 existing surface parking spaces and utility access in place, this site is primed for a buyer seeking a strategic location with built-in infrastructure and long-term growth potential.

Contact:

Upland Real Estate Group

Date on Market:

2025-10-02

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65th St. & Buckley - XXXX 65th St E

Inver Grove Heights, MN 55076

• Investment Property
• Land for Sale
• $717,959 CAD
• 0.96 AC Lot

Inver Grove Heights Land for Sale - Suburban St Paul

0.96 Acres, ZONED B3 - Property is ready for a site plan with the city, and is ready to be DEVELOPED. Perfect location for a restaurant or office condo's, High traffic area.

Contact:

RE/MAX Advantage Plus

Property Subtype:

Commercial

Date on Market:

2025-06-11

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Parkway Gardens Senior - 1145 Hudson Rd

Saint Paul, MN 55106

• Investment Property
• Multifamily for Sale
• 212,325 SF

• Air Conditioning
• Sprinkler System
• Fitness Center
• Conference Rooms
• Energy Star Labeled

Saint Paul Multifamily for Sale - Suburban St Paul

Michel Commercial is pleased to present Parkway Gardens Senior Apartments, a 160-home affordable active-adult (55+) community in St. Paul, Minnesota. Built in 2005, this well-maintained property is not subject to rent control and has recently benefited from the change to the Low Income Rental Classification (LIRC) tax rate, resulting in a significant reduction in real estate taxes effective January 1, 2025. Parkway Gardens provides stable in-place income, long-term retention, and a highly accessible location, making it a strong investment opportunity. Property Overview Parkway Gardens features homes tailored for active seniors, each with full kitchens, generous storage, walk-in showers, and underground parking. Community amenities include a resident lounge, fitness area, game room, on-site laundry, and outdoor recreation space. Affordability Structure The property operates under a Section 42 LURA contract with income and rent restrictions in place until December 29, 2036. Unit allocation includes 10% at 30% Area Median Income (AMI), 10% at 50% AMI, and 80% at 60% AMI. Location & Connectivity Conveniently located just off I-94 near Sun Ray Shopping Center, Parkway Gardens provides residents with easy access to retail, groceries, and healthcare. Public transit stops directly outside the property, ensuring mobility and accessibility for non-driving seniors. Investment Upside Parkway Gardens offers investors a well-built asset with strong upside potential through improved operations and emerging rent growth. With limited senior housing supply and rising demand for affordable, age-restricted homes, the property is well positioned for durable long-term performance. Additionally, the Low-Income Rental Classification (LIRC) tax rate reduction enhances long-term value, making Parkway Gardens a compelling addition to any portfolio.

Contact:

Michel Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-10-06

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13085 Brockton Ln N

Rogers, MN 55374

• Investment Property
• Land for Sale
• 36.37 AC Lot

Rogers Land for Sale - Northwest

This exceptional 36.37-acre parcel of raw land is strategically positioned at the high-traffic intersection of Brockton Lane and S Diamond Lake Road in Rogers, Minnesota. With its excellent visibility and accessibility, this site presents a unique opportunity for commercial development or investment. Zoning possibilities and proximity to major roadways enhance its appeal, offering a solid foundation for a variety of development options.

Contact:

Hempel

Property Subtype:

Commercial

Date on Market:

2024-10-21

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Lakeville Commerce Center - Keokuk Ave County Rd 70

Lakeville, MN 55044

• Investment Property
• Land for Sale
• 2.23 AC Lot

Lakeville Land for Sale - Dakota County Outlying

Just West of Keokuk Ave. 2 Commercial Lots Available Located at the Corner of County Rd 70 and Keokuk Ave just west of I35. Land has Frontage on I35, Co. Rd 70, and Keokuk Ave. Join Walmart, Aldi, Hampton Inn, Super America, Senior Living, Compeer, Goodwill, Etc. New Rental Townhomes adjacent to Sites. New School Proposed Across Co Rd. 70. Excellent Access from Co Rd 70 and I 35.

Contact:

Silverstone Realty and Development

Property Subtype:

Commercial

Date on Market:

2009-06-01

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14615 Lone Oak Rd

Eden Prairie, MN 55344

• Investment Property
• Land for Sale
• 7.52 - 17.32 AC Lots

Eden Prairie Land for Sale - I-494 Corridor

Discover a rare opportunity in Eden Prairie at 14615 Lone Oak Road, featuring two adjacent parcels (PID: 1611622110007 & 1611622110008) ready for development. Conveniently located near major highways, this property offers excellent access and visibility within one of the Twin Cities’ most desirable business corridors. Zoned I-5 Industrial Park (5-acre minimum) with a 2040 Comprehensive Plan designation of Mixed Use, the site provides flexibility for a variety of future development options. Whether you envision senior housing, townhomes, office, retail or mixed-use potential, this property is an exceptional investment in a thriving, high-demand community.

Contact:

Transwestern Real Estate Services

Property Subtype:

Commercial

Date on Market:

2025-10-10

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