Commercial Real Estate Market in Breckenridge, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 177 off-market properties in Breckenridge, MN.
Market Trends
Breckenridge, MN spans 125.8 square miles in Wilkin County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Breckenridge, 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 Breckenridge, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Breckenridge, 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 vacancy in Breckenridge, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 81.5%
- Commercial 12.2%
- Industrial 6.3%
Largest Zones share of zoned land by district
Agricultural
Single And Two Family Residential
General Commercial
Light Industrial
Auto Oriented Commercial
Breckenridge, MN zones 1,632 acres across 8 districts. Commercial zoning covers 12.2% of zoned land, residential 81.5% and industrial 6.3%. The largest single district is Agricultural at 37.9%. For commercial buyers the practical constraint is that only 18.5% of land carries a commercial or industrial designation.
Single And Two Family Residential (R-2)
Permitted accessory uses. § 190-24 Conditional uses. Article VI R-1 Single-Family Residential District § 190-25 Purpose. § 190-26 Permitted uses. § 190-27 Permitted accessory uses. § 190-28 Conditional uses. Article VII R-2 Single- and Two-Family Residential District § 190-29 Purpose. § 190-30 Permitted uses. § 190-31 Permitted accessory uses. § 190-32 Condi…
Market overview
Demographics & Economy
Breckenridge, MN has 3,952 residents in 1,904 households. Density runs 31 people per square mile. Median household income here is $61,537 and median gross rent $515 a month.
3,952
Population
1,904
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
125.8 sq mi
ZIP Area
31
Density / Sq Mi
$61,537
Median Household Income
$44,276
Median Earnings
$515
Median Rent
$152,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wahpeton | — | — |
| Everdell | — | — |
| Doran | — | — |
| Dwight | — | — |
Commercial property in Breckenridge, MN asks $83/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Breckenridge?
Commercial property in Breckenridge, MN asks an average of $83 per square foot.
What zoning applies to commercial property in Breckenridge?
Breckenridge, MN zones 1,632 acres across 8 districts, of which 12.2% is commercial and 6.3% industrial. The largest single district is Agricultural at 37.9% of zoned land. Residential zoning covers 81.5% and open space 0%.
Where does Realmo's Breckenridge market data come from?
Realmo compiles Breckenridge, MN figures from 7 recent recorded sales, 5 active sale listings, 177 tracked off-market properties, the current Breckenridge zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Breckenridge, 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: 1,632 zoned acres across 8 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
