Commercial Real Estate Market in Cambridge, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 406 off-market properties in Cambridge, MN.
Market Trends
Cambridge, MN spans 100.4 square miles in Isanti County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cambridge, 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 Cambridge, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cambridge, 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 Cambridge, 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 56.1%
- Commercial 15.6%
- Industrial 14.3%
- Special 8%
- Planned_development 4.1%
Largest Zones share of zoned land by district
One Family Residence
Rural Residence And Agricultural
Highway Business District
Airport District
Multiple Family Residence
Cambridge, MN zones 5,097 acres across 16 districts. Commercial zoning covers 15.6% of zoned land, residential 56.1% and industrial 14.3%. The largest single district is One Family Residence at 34.6%. For commercial buyers the practical constraint is that only 29.9% of land carries a commercial or industrial designation.
One Family Residence (R-1)
The R-1 One Family Residence District provides space for low density residential living with full provision of necessary urban service facilities. Nonresidential uses are limited to the minimum necessary for residential convenience and welfare. Only one home per lot is allowed.
Market overview
Demographics & Economy
Cambridge, MN has 16,514 residents in 6,851 households. Density runs 165 people per square mile. Median household income here is $83,209 and median gross rent $1,255 a month.
16,514
Population
6,851
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
100.4 sq mi
ZIP Area
165
Density / Sq Mi
$83,209
Median Household Income
$47,992
Median Earnings
$1,255
Median Rent
$267,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grandy | — | — |
| Isanti | — | — |
| Spectacle Lake | — | — |
| Dalbo | — | — |
Commercial property in Cambridge, MN asks $44/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cambridge?
Commercial property in Cambridge, MN asks an average of $44 per square foot. The 7 most recent recorded sales traded at a median of $87/SF.
What zoning applies to commercial property in Cambridge?
Cambridge, MN zones 5,097 acres across 16 districts, of which 15.6% is commercial and 14.3% industrial. The largest single district is One Family Residence at 34.6% of zoned land. The R-1 One Family Residence District provides space for low density residential living with full provision of necessary urban service facilities. Nonresidential uses are limited to the minimum necessary for residential convenience and welfare. Only one home per lot is allowed. Residential zoning covers 56.1% and open space 0%.
Where does Realmo's Cambridge market data come from?
Realmo compiles Cambridge, MN figures from 8 recent recorded sales, 29 active sale listings, 9 active lease listings, 406 tracked off-market properties, the current Cambridge zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 9 active for-lease listings in Cambridge, 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: 5,097 zoned acres across 16 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
