Hugo, MN Commercial Real Estate for Lease and Sale

Explore 15 listings of Hugo commercial real estate to find the best space for your business.

Hugo Land

12101 Forest Blvd N, Bald Eagle Estates, Hugo, MN
Property

Land
For Sale

$876,000
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4.4 Commercial Acres

Hwy 61 & 159th St N, Oneka Ponds, Hugo, MN
Property

Unassigned
For Sale Contact for pricing
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Victor Gardens Medical Center

14688 Everton Avenue North, Heritage Ponds - Frenchman Place, Hugo, MN
Property

Office

8,802 SF
Availability

2 Spaces

8,802 SF
For Lease

$21.00/SF/YR
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15587 Forest Blvd N

15587 Forest Blvd N, Oneka Ponds, Hugo, MN
Property

Retail

17,700 SF
Availability

1 Space

3,600 SF
Year Built

1978
For Lease

$7.00 - $14.00/SF/YR
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16028 & 16030 Forest Blvd North

16028 Forest Blvd North, Creekview Preserve, Hugo, MN
Property

Industrial

25,910 SF
Availability

4 Spaces

27,948 SF
Year Built

2003
For Lease

$6.00 - $12.00/SF/YR
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Light Industrial Land in Columbus, 43,147 Vehicles Per Day

13472 West Freeway Drive NE, Columbus, MN
Property

VacantLand
For Sale

$2,500,000
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14 Acres Land

20th Avenue S, Lino Lakes, MN
Property

Unassigned
For Sale Contact for pricing
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Northland Plaza

1500 Lake Street South, Forest Lake, MN
Property

Office

42,879 SF
Availability

3 Spaces

13,256 SF
Year Built

1988
For Lease

$14.00 - $16.00/SF/YR
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On Broadway Car Wash

955 W Broadway Ave, Forest Lake, Washington County, MN
Property

Retail

4,680 SF
For Sale

$999,000
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467 W Broadway

467 W Broadway Ave, Forest Lake, MN
Property

Retail

1,800 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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1360 County Road E East

1360 County Road E East, Vadnais Heights, MN
Property

Mixed Use

25,200 SF
Availability

1 Space

2,180 SF
Year Built

1999
For Lease

$16.95/SF/YR
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Cornerstone Suite 103

368 Lake Street South, Forest Lake, MN
Property

Retail

7,615 SF
Availability

1 Space

1,220 SF
Year Built

2019
For Lease Contact for pricing
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Westlake Center

119-299 12th St SW, Forest Lake, MN
Property

Retail

100,480 SF
Availability

1 Space

9,655 SF
Year Built

1988
For Lease Contact for pricing
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500 Village Center Drive

500 Village Center Drive, North Oaks, MN
Property

Office

25,657 SF
Availability

1 Space

2,158 SF
Year Built

2008
For Lease

$16.50/SF/YR
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Technology Incubation Center

1185 Willow Lake Blvd, Vadnais Heights, MN
Property

Office

124,000 SF
Availability

1 Space

15,000 SF
Year Built

1983
For Lease 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 Hugo commercial real estate market incorporates 8,802 square feet of office space across 2 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 Hugo commercial real estate market includes 17,700 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. Across the Hugo market, there is a total of 25,910 square feet of industrial property.

The listing inventory in Hugo 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 Hugo is represented by Industrial space, which accounts for 27,948 square feet of available listings. Office space available in Hugo adds up to 8,802 square feet.

Meanwhile, most of the listings of commercial property for sale in Hugo are in the Office 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 Hugo, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Hugo is in the Creekview Preserve neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Heritage Ponds - Frenchman Place area.

Meanwhile, retail space opportunities are most abundant in the Oneka Ponds submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Creekview Preserve.

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 $14 per square foot.

The average size of a commercial property in Hugo 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 Hugo, the average size of an office property is 8,802 square feet.
Retail properties here incorporate an average of 17,700 square feet.
Industrial space in Hugo is in buildings that are, on average 25,910 square feet in size.

Hugo, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Hugo currently add up to 40,350 square feet. The market offers 2 active office listing(s), which amount to 8,802 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 3,600 square feet across 1 retail space(s). Industrial space for rent opportunities in Hugo amount to 27,948 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	8,802
Retail	1	3,600
Industrial	2	27,948

Hugo, MN Commercial Real Estate for Lease and Sale

Hugo Land

4.4 Commercial Acres

Victor Gardens Medical Center

15587 Forest Blvd N

16028 & 16030 Forest Blvd North

Light Industrial Land in Columbus, 43,147 Vehicles Per Day

14 Acres Land

Northland Plaza

On Broadway Car Wash

467 W Broadway

1360 County Road E East

Cornerstone Suite 103

Westlake Center

500 Village Center Drive

Technology Incubation Center

Frequently Asked Questions

Hugo, MN Currently Available Listings

Commercial Space for Lease Breakdown

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Hugo, 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 Hugo, MN?

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

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

Hugo, MN Currently Available Listings

Commercial Space for Lease Breakdown

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