Commercial Real Estate Market in Fridley, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
28 active listings and 433 off-market properties in Fridley, MN.
Market Trends
Fridley, MN spans 16.1 square miles in Anoka County, Minnesota. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Fridley, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Fridley, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Fridley, 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 Fridley, 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 48%
- Industrial 23.3%
- Civic 18%
- Commercial 5.7%
- Planned_development 5.1%
Largest Zones share of zoned land by district
Fridley, MN zones 5,119 acres across 13 districts. Commercial zoning covers 5.7% of zoned land, residential 48% and industrial 23.3%. The largest single district is Traditional One Family Dwelling District at 38.8%. For commercial buyers the practical constraint is that only 29% of land carries a commercial or industrial designation.
The purpose of the R-1 District is to provide for and preserve residential neighborhoods primarily containing single unit detached dwellings
Market overview
Demographics & Economy
Fridley, MN has 63,602 residents in 26,822 households. Density runs 3,938 people per square mile. Median household income here is $76,618 and median gross rent $1,295 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Robbinsdale | $124 | — |
| Crystal | $215 | — |
Commercial property in Fridley, MN asks $127/SF. The 2 bordering markets run from $124/SF in Robbinsdale to $215/SF in Crystal, and the city sits below their $170/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Fridley?
How does Fridley compare to nearby markets on price?
What zoning applies to commercial property in Fridley?
Where does Realmo's Fridley market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 16 active for-lease listings in Fridley, 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: 5,119 zoned acres across 13 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
