Saint Paul, MN
Commercial Real Estate Market Trends & Data

$171 Avg asking sale price
$19 Avg asking lease rate
18,300 SF Avg unit lease size
27,282 SF Avg building size for sale
8.12% Average cap rate

Saint Paul's Demographic Profile

Saint Paul has 115,408 households and a median income of $65,643, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 294,514
# Households 115,408
Median age 35
Median household income $65,643
Avg household size 2.0
Renter-occupied housing units 60,979
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Saint Paul, MN

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Saint Paul $148 10,825 SF 8.16%
Maplewood $173 6,208 SF 8.16%
Nearby Retail Markets Avg Cost/SF Typical Size
Saint Paul $201 14,454 SF
Maplewood $179 11,456 SF
West Saint Paul $182 25,458 SF
South Saint Paul $115 7,685 SF
Newport $149 4,040 SF

Commercial Properties For Sale in Saint Paul

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Napa Portfolio

  • Retail Building
  • 6.93% Cap Rate
  • $15,789,854
For Sale

197 Kent

Saint Paul, MN 55102

  • 6,000 SF Multifamily
  • $995,000
For Sale

Multi Tenant Office Building

Minneapolis, MN 55406

  • 19,120 SF Office Building
  • $3,000,000
For Sale

Saint Paul West 7th St Portfolio

Saint Paul, MN

  • Retail Building
  • $2,075,000
For Sale

871 Payne Ave

Saint Paul, MN 55130

  • 7,000 SF Retail Building
  • $529,000
For Sale

378 Como Ave

Saint Paul, MN 55103

  • 6,000 SF Retail Building
  • $1,300,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Saint Paul pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Saint Paul $171 27,282 SF
Maplewood $201 15,048 SF
West Saint Paul $165 14,124 SF
South Saint Paul $150 18,163 SF
Newport $149 4,040 SF

Multifamily Properties For Sale in Saint Paul

For Sale

St. Albans and Oakview

Saint Paul, MN

  • Price Upon Request
For Sale

Platform Apartments

Saint Paul, MN 55114

  • 115,000 SF Multifamily
  • $850,000

Regional Demographic Comparison

This comparison places Saint Paul alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Saint Paul or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Saint Paul 294,514 115,408 35 $65,643 2 60,979 -3%
Maplewood 39,244 14,811 40 $80,079 3 4,726 -4%
West Saint Paul 21,774 9,590 40 $61,677 2 4,360 3%
South Saint Paul 20,139 8,174 39 $75,018 2 2,640 1%
Newport 4,772 1,867 39 $63,084 3 636 12%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Saint Paul, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Saint Paul

View All Commercial Real Estate For Sale in Saint Paul
Is Saint Paul a good market for a first-time commercial real estate investor?

Saint Paul offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Saint Paul?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Saint Paul. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Saint Paul?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Saint Paul. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Saint Paul compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Saint Paul. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Saint Paul acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Saint Paul, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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