Commercial Real Estate Market in Anoka, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 531 off-market properties in Anoka, MN. Commercial property asks $46/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Anoka, MN spans 133.0 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Anoka, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Anoka, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Anoka, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Anoka, MN asks $185/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.3%
- Industrial 13.7%
- Commercial 10.7%
- Agricultural 8.2%
- Mixed use 4.1%
Largest Zones share of zoned land by district
Low Density Residential
Rural Farm
Light Industrial
General Industrial
Medium Density Residential
Anoka, MN zones 4,558 acres across 29 districts. Commercial zoning covers 10.7% of zoned land, residential 59.3% and industrial 13.7%. The largest single district is Low Density Residential at 52.6%. For commercial buyers the practical constraint is that only 24.4% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
The purpose of the R-1 district is to provide a district for single-family detached dwellings in those areas where such development is consistent with the low-density residential designation of the community plan and compatible with the surrounding land use characteristics
Market overview
Demographics & Economy
Anoka, MN has 100,608 residents in 37,635 households. Density runs 757 people per square mile. Median household income here is $113,946 and median gross rent $1,485 a month.
100,608
Population
37,635
Households
2.7
Avg Household Size
39
Median Age
34%
College-Educated
96%
High-School Grad
133 sq mi
ZIP Area
757
Density / Sq Mi
$113,946
Median Household Income
$57,741
Median Earnings
$1,485
Median Rent
$369,903
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Champlin | — | — |
| Dayton | — | — |
| Coon Rapids | — | — |
| Andover | — | — |
Commercial property in Anoka, MN asks $46/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Anoka?
Commercial property in Anoka, MN asks an average of $46 per square foot. The 4 most recent recorded sales traded at a median of $113/SF. Multifamily carries the highest asking price at $185/SF.
How much does it cost to lease commercial space in Anoka?
Asking lease rates in Anoka, MN average $15.00 per square foot per year.
What zoning applies to commercial property in Anoka?
Anoka, MN zones 4,558 acres across 29 districts, of which 10.7% is commercial and 13.7% industrial. The largest single district is Low Density Residential at 52.6% of zoned land. The purpose of the R-1 district is to provide a district for single-family detached dwellings in those areas where such development is consistent with the low-density residential designation of the community plan and compatible with the surrounding land use characteristics Residential zoning covers 59.3% and open space 0%.
Where does Realmo's Anoka market data come from?
Realmo compiles Anoka, MN figures from 4 recent recorded sales, 26 active sale listings, 10 active lease listings, 531 tracked off-market properties, the current Anoka zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 10 active for-lease listings in Anoka, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,558 zoned acres across 29 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
