Commercial Real Estate Market in Fridley, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 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 August 2026.
Office
Office vacancy in Fridley, 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 Fridley, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Fridley, 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 48%
- Industrial 23.3%
- Civic 18%
- Commercial 5.7%
- Planned_development 5.1%
Largest Zones share of zoned land by district
Traditional One Family Dwelling District
Heavy Industrial District
Public Facilities District
Attached Residential District
Redevelopment 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.
Traditional One Family Dwelling District (R-1)
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.
63,602
Population
26,822
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
16.1 sq mi
ZIP Area
3,938
Density / Sq Mi
$76,618
Median Household Income
$46,410
Median Earnings
$1,295
Median Rent
$269,897
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hilltop | — | — |
| Columbia Heights | — | — |
| New Brighton | — | — |
| Saint Anthony | — | — |
Commercial property in Fridley, MN asks $464/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fridley?
Commercial property in Fridley, MN asks an average of $464 per square foot. The 5 most recent recorded sales traded at a median of $115/SF, so asking sits 302% above the achieved median. Multifamily carries the highest asking price at $185/SF.
What zoning applies to commercial property in Fridley?
Fridley, MN zones 5,119 acres across 13 districts, of which 5.7% is commercial and 23.3% industrial. The largest single district is Traditional One Family Dwelling District at 38.8% of zoned land. The purpose of the R-1 District is to provide for and preserve residential neighborhoods primarily containing single unit detached dwellings Residential zoning covers 48% and open space 0%.
Where does Realmo's Fridley market data come from?
Realmo compiles Fridley, MN figures from 5 recent recorded sales, 13 active sale listings, 14 active lease listings, 433 tracked off-market properties, the current Fridley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 14 active for-lease listings in Fridley, 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: 5,119 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 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
