Elk River, MN Commercial Real Estate for Lease and Sale

Explore 10 listings of Elk River commercial real estate to find the best space for your business.

Elk Park Center

19216 Freeport St NW, Elk River, MN
Property

Retail

205,009 SF
Availability

8 Spaces

19,720 SF
Year Built

1995
For Lease Contact for pricing
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650 Dodge Ave NW

650 Dodge Ave NW, Elk River, MN
Property

Office

7,764 SF
Availability

1 Space

3,105 SF
Year Built

1990
For Lease

$17.50/SF/YR
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132.55 Acre Development Site

21566 U.S. 169, Elk River, MN
Property

VacantLand
For Sale

$1,950,000
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18296 Zane St NW

18296 Zane St NW, Elk River, MN
Property

Retail

7,882 SF
Year Built

1984
For Sale

$7,500,000
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804 Freeport Avenue NW

804 Freeport Ave NW, Elk River, MN
Property

Office

27,058 SF
Availability

1 Space

655 SF
Year Built

1985
For Lease Contact for pricing
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Elk Commons

17994 Zane St NW, Elk River, MN
Property

VacantLand

10,200 SF
Availability

4 Spaces

10,200 SF
For Lease Contact for pricing
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11090 183rd Circle NW

11090 183rd Circle NW, Elk River, MN
Property

Office

2,200 SF
Availability

1 Space

2,200 SF
For Lease

$14.00/SF/YR
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Elk Ridge Lot A

Holt St NW, Elk River, MN
Property

VacantLand

2.95 Acre
For Sale Contact for pricing
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Elk Ridge Center

Holt St SW, Elk River, MN
Property

Retail

15,000 SF
Availability

1 Space

15,000 SF
For Lease Contact for pricing
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Evans Meadows

341 Evans Ave NW, Elk River, MN
Property

Other
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Elk River commercial real estate market incorporates 37,022 square feet of office space across 3 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Elk River commercial real estate market includes 227,891 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.
The listing inventory in Elk River incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Elk River is represented by Retail space, which accounts for 34,720 square feet of available listings. Office space available in Elk River adds up to 5,960 square feet.

Meanwhile, most of the listings of commercial property for sale in Elk River are in the Retail category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Elk River, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $17.5 per square foot.
The average size of a commercial property in Elk River depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Elk River, the average size of an office property is 12,341 square feet.
- Retail properties here incorporate an average of 75,964 square feet.

Elk River, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Elk River currently add up to 58,226 square feet. The market offers 3 active office listing(s), which amount to 5,960 square feet and account for 50% of commercial spaces on the market. Local retail availability includes 42,066 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	3	5,960
Retail	2	42,066
Other	1	10,200

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Elk River, MN. Currently, there is 7,885 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	7,882
Other	3	3

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Elk River, MN Commercial Real Estate for Lease and Sale

Elk Park Center

650 Dodge Ave NW

132.55 Acre Development Site

18296 Zane St NW

804 Freeport Avenue NW

Elk Commons

11090 183rd Circle NW

Elk Ridge Lot A

Elk Ridge Center

Evans Meadows

Frequently Asked Questions

Elk River, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Elk River, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Elk River, MN?

What factors affect the price of commercial real estate in Elk River, MN?

What are the best areas for commercial real estate in Elk River, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Elk River, MN?

Elk River, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us