Commercial Real Estate Market in Maple Grove, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 926 off-market properties in Maple Grove, MN.
Market Trends
Maple Grove, MN spans 41.2 square miles in Hennepin County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Maple Grove, 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 Maple Grove, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Maple Grove, 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 Maple Grove, MN asks $176/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
Market overview
Demographics & Economy
Maple Grove, MN has 75,769 residents in 31,016 households. Density runs 1,840 people per square mile. Median household income here is $130,099 and median gross rent $1,842 a month.
75,769
Population
31,016
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
97%
High-School Grad
41.2 sq mi
ZIP Area
1,840
Density / Sq Mi
$130,099
Median Household Income
$70,665
Median Earnings
$1,842
Median Rent
$410,885
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Osseo | — | — |
| Corcoran | — | — |
| Brooklyn Park | — | — |
| Brooklyn Center | — | — |
Commercial property in Maple Grove, MN asks $74/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Maple Grove?
Commercial property in Maple Grove, MN asks an average of $74 per square foot. The 5 most recent recorded sales traded at a median of $190/SF. Multifamily carries the highest asking price at $176/SF.
Where does Realmo's Maple Grove market data come from?
Realmo compiles Maple Grove, MN figures from 5 recent recorded sales, 22 active sale listings, 42 active lease listings, 926 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 42 active for-lease listings in Maple Grove, 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.
- 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
