Commercial Real Estate in Minnesota available for sale
Investment Properties For Sale

Investment Properties for Sale in Minnesota, USA

More details for 985 Ivy Ave E, Saint Paul, MN - Multifamily for Sale

Phalen Shores Apartments - 985 Ivy Ave E

Saint Paul, MN 55106

  • Investment Property
  • Multifamily for Sale
  • $9,066,246 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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More details for 425 N Badger St, Caledonia, MN - Health Care for Sale

Houston County 76k SF Former Assisted Living - 425 N Badger St

Caledonia, MN 55921

  • Investment Property
  • Health Care for Sale
  • $1,367,121 CAD
  • 76,500 SF
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More details for 4701 Galaxie Ave, Eagan, MN - Flex for Sale

Former Fire Station - 4701 Galaxie Ave

Eagan, MN 55122

  • Investment Property
  • Flex for Sale
  • $2,600,131 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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More details for 394 Woodland Dr, Fergus Falls, MN - Health Care for Sale

Woodland Lodge - 394 Woodland Dr

Fergus Falls, MN 56537

  • Investment Property
  • Health Care for Sale
  • $5,337,111 CAD
  • 33,000 SF

Fergus Falls Health Care for Sale

Commercial Property with Endless Potential – 33,000+ SF on 3.86 Acres in Fergus Falls. Located on the edge of Fergus Falls, this expansive commercial property offers over 33,000 square feet of space on a generous 3.86-acre lot. Formerly used as an enhanced assisted living facility, the building is thoughtfully designed and equipped to accommodate a wide variety of future uses. The main structure was custom-built in 2009 with an addition in 2012. Inside, you’ll find 33 private bedrooms and 38 bathrooms, along with a fully equipped commercial kitchen, spacious great room, comfortable common areas, and a relaxing spa. The layout provides both functionality and flexibility, with infrastructure already in place for residential care, hospitality, or other large-scale operations. Quality materials used in construction, including solid oak doors throughout. Amenities too numerous to mention them all. You will find that no expense was spared for this quality build. Whether you’re envisioning a healthcare facility, wellness retreat, educational center, or corporate campus, or a new business endeavor, this property offers the square footage, modern amenities, and location to bring your vision to life. Ample parking and outdoor space add to the appeal, making it ideal for both staff and guests. With its size, features, and versatility, this Fergus Falls property is a rare opportunity to create something extraordinary.

Contact:

Century 21 Atwood

Property Subtype:

Assisted Living

Date on Market:

2025-09-25

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More details for 709 Norman Ave N, Foley, MN - Land for Sale

Towne Edge Estates Development - 709 Norman Ave N

Foley, MN 56329

  • Investment Property
  • Land for Sale
  • $3,831,772 CAD
  • 130.78 AC Lot
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More details for 55th Street and 18th Avenue NW, Rochester, MN - Land for Sale

Prime Development Lots Available - 55th Street and 18th Avenue NW

Rochester, MN 55901

  • Investment Property
  • Land for Sale
  • $1,317,141 - $21,249,245 CAD
  • 1.23 - 5.69 AC Lots
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More details for 4415 Heatherwood Rd, Saint Cloud, MN - Land for Sale

4415 Heatherwood Rd

Saint Cloud, MN 56301

  • Investment Property
  • Land for Sale
  • $1,847,461 CAD
  • 8 AC Lot
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More details for County Road 22, Rochester, MN - Land for Sale

Berkshire Road SW Development Land - County Road 22

Rochester, MN 55902

  • Investment Property
  • Land for Sale
  • $4,511,812 CAD
  • 7.96 AC Lot
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More details for 41st St NW, Rochester, MN - Land for Sale

41 St NW Multifamily Development Land - 41st St NW

Rochester, MN 55901

  • Investment Property
  • Land for Sale
  • $9,442,581 CAD
  • 18.52 AC Lot
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More details for 1145 Hudson Rd, Saint Paul, MN - Multifamily for Sale

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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More details for 13085 Brockton Ln N, Rogers, MN - Land for Sale

13085 Brockton Ln N

Rogers, MN 55374

  • Investment Property
  • Land for Sale
  • 36.37 AC Lot
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More details for Keokuk Ave County Rd 70, Lakeville, MN - Land for Sale

Lakeville Commerce Center - Keokuk Ave County Rd 70

Lakeville, MN 55044

  • Investment Property
  • Land for Sale
  • 2.23 AC Lot
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More details for 424 W Birch Ave, Fergus Falls, MN - Multifamily for Sale

424 W Birch Ave, Fergus Falls, MN 56537 - 424 W Birch Ave

Fergus Falls, MN 56537

  • Investment Property
  • Multifamily for Sale
  • $273,561 CAD
  • 1,352 SF
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More details for 304 7th St NW, Rochester, MN - Multifamily for Sale

Two-Unit Duplex Near Downtown - 304 7th St NW

Rochester, MN 55901

  • Investment Property
  • Multifamily for Sale
  • $328,438 CAD
  • 1,536 SF
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More details for 3200 Maple Ave, Slayton, MN - Multifamily for Sale

Slayton Senior - 3200 Maple Ave

Slayton, MN 56172

  • Investment Property
  • Multifamily for Sale
  • $889,518 CAD
  • 27,513 SF
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More details for 1500 Edgewood Blvd, North Mankato, MN - Specialty for Sale

Daycare/Pre-School/Montessori Building - 1500 Edgewood Blvd

North Mankato, MN 56003

  • Investment Property
  • Specialty for Sale
  • $814,252 CAD
  • 4,000 SF
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More details for 101 66th St, Richfield, MN - Land for Sale

+/-0.98 Acres - Mixed Use - 101 66th St

Richfield, MN 55423

  • Investment Property
  • Land for Sale
  • $1,710,612 CAD
  • 0.98 AC Lot
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More details for 14615 Lone Oak Rd, Eden Prairie, MN - Land for Sale

14615 Lone Oak Rd

Eden Prairie, MN 55344

  • Investment Property
  • Land for Sale
  • 7.52 - 17.32 AC Lots
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More details for 14615 Lone Oak Rd, Eden Prairie, MN - Office for Sale

Danfoss East - 14615 Lone Oak Rd

Eden Prairie, MN 55344

  • Investment Property
  • Office for Sale
  • 110,000 SF
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More details for 1 Oakridge Dr, Chaska, MN - Hospitality for Sale

Oak Ridge Hotel & Conference Center - 1 Oakridge Dr

Chaska, MN 55318

  • Investment Property
  • Hospitality for Sale
  • 171,000 SF
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