Commercial Real Estate Market in Cloquet, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
5 active listings and 391 off-market properties in Cloquet, MN.
Market Trends
Cloquet, MN spans 156.4 square miles in Carlton County, Minnesota. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Cloquet, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Cloquet, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Cloquet, 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%.
Multifamily
Multifamily vacancy in Cloquet, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 76.7%
- Open space 13.2%
- Industrial 6.1%
- Commercial 3.2%
- Civic 0.9%
Largest Zones share of zoned land by district
Cloquet, MN zones 22,649 acres across 18 districts. Commercial zoning covers 3.2% of zoned land, residential 76.7%, open space 13.2% and industrial 6.1%. The largest single district is Farm Residential at 66.8%. For commercial buyers the practical constraint is that only 9.3% of land carries a commercial or industrial designation.
The purpose of this zone is to include many areas within corporate limits are not yet urbanized, unsuitable for development because of drainage or terrain, or used for agricultural purposes, It is not good planning to allow unrestrained growth where it is not feasible to provide sewer and water services, efficient police and fire protection and other central…
Market overview
Demographics & Economy
Cloquet, MN has 17,236 residents in 7,687 households. Density runs 110 people per square mile. Median household income here is $66,399 and median gross rent $976 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Cloquet?
What zoning applies to commercial property in Cloquet?
Where does Realmo's Cloquet market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 0 active for-lease listings in Cloquet, MN. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 22,649 zoned acres across 18 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
