Commercial Real Estate Market in Newport, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 123 off-market properties in Newport, MN.
Market Trends
Newport, MN spans 3.6 square miles in Washington County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Newport, 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 Newport, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Newport, 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 Newport, 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 63%
- Industrial 20%
- Open space 9%
- Mixed use 5.2%
- Commercial 1.8%
- Civic 1.1%
Largest Zones share of zoned land by district
Residential Estate
Low Density Single Family Residential
Business Park
Open Space
General Industrial
Newport, MN zones 1,907 acres across 14 districts. Commercial zoning covers 1.8% of zoned land, residential 63%, open space 9% and industrial 20%. The largest single district is Residential Estate at 34.5%. For commercial buyers the practical constraint is that only 21.8% of land carries a commercial or industrial designation.
Residential Estate (R-E)
This district shall be intended for low density single family residential areas without public utilities and to preserve lands in their natural state or in agricultural uses pending the proper timing for the economical provision of utilities and orderly development
Market overview
Demographics & Economy
Newport, MN has 3,797 residents in 2,001 households. Density runs 1,048 people per square mile. Median household income here is $63,365 and median gross rent $1,080 a month.
3,797
Population
2,001
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
1,048
Density / Sq Mi
$63,365
Median Household Income
$41,118
Median Earnings
$1,080
Median Rent
$331,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Etter | — | — |
| South Saint Paul | — | — |
| Saint Paul Park | — | — |
| Inver Grove Heights | — | — |
Commercial property in Newport, MN asks $14/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, MN asks an average of $14 per square foot. The 4 most recent recorded sales traded at a median of $256/SF.
What zoning applies to commercial property in Newport?
Newport, MN zones 1,907 acres across 14 districts, of which 1.8% is commercial and 20% industrial. The largest single district is Residential Estate at 34.5% of zoned land. This district shall be intended for low density single family residential areas without public utilities and to preserve lands in their natural state or in agricultural uses pending the proper timing for the economical provision of utilities and orderly development Residential zoning covers 63% and open space 9%.
Where does Realmo's Newport market data come from?
Realmo compiles Newport, MN figures from 8 recent recorded sales, 4 active sale listings, 5 active lease listings, 123 tracked off-market properties, the current Newport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 5 active for-lease listings in Newport, 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: 1,907 zoned acres across 14 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
