Commercial Real Estate Market in Bethel, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Bethel, MN spans 18.9 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bethel, 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 Bethel, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bethel, 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 Bethel, 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 69.9%
- Civic 19%
- Industrial 7.7%
- Commercial 3.4%
Largest Zones share of zoned land by district
Single Family Residential
Civic
Industrial
Highway Business
Business
Bethel, MN zones 668 acres across 6 districts. Commercial zoning covers 3.4% of zoned land, residential 69.9% and industrial 7.7%. The largest single district is Single Family Residential at 69.2%. For commercial buyers the practical constraint is that only 11.1% of land carries a commercial or industrial designation.
Single Family Residential (SFR)
The purpose of this district is to accommodate and preserve the existing single family residential area of the City.
Market overview
Demographics & Economy
Bethel, MN has 4,927 residents in 1,750 households. Density runs 260 people per square mile. Median household income here is $109,464 and median gross rent $1,791 a month.
4,927
Population
1,750
Households
2.8
Avg Household Size
37
Median Age
15%
College-Educated
95%
High-School Grad
18.9 sq mi
ZIP Area
260
Density / Sq Mi
$109,464
Median Household Income
$54,052
Median Earnings
$1,791
Median Rent
$324,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Bethel | — | — |
| Oak Grove | — | — |
| Saint Francis | — | — |
| Isanti | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Bethel?
Bethel, MN zones 668 acres across 6 districts, of which 3.4% is commercial and 7.7% industrial. The largest single district is Single Family Residential at 69.2% of zoned land. The purpose of this district is to accommodate and preserve the existing single family residential area of the City. Residential zoning covers 69.9% and open space 0%.
Methodology & data sources
- 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: 668 zoned acres across 6 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
