Commercial Real Estate Market in Nisswa, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 437 off-market properties in Nisswa, MN.
Market Trends
Nisswa, MN spans 88.3 square miles in Crow Wing County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Nisswa, 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 Nisswa, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Nisswa, 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 Nisswa, 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 62.2%
- Commercial 28%
- Open space 6.7%
- Planned_development 3.1%
Largest Zones share of zoned land by district
Shoreland Residential
Open Space Residential
Commercial Waterfront
Urban Residential
Highway Business
Nisswa, MN zones 6,745 acres across 9 districts. Commercial zoning covers 28% of zoned land, residential 62.2% and open space 6.7%. The largest single district is Shoreland Residential at 34.4%. For commercial buyers the practical constraint is that only 28% of land carries a commercial or industrial designation.
Shoreland Residential (SR)
The purpose of the shoreland residential district is to identify land uses that are compatible with the protection and preservation of shoreline resources to conserve the economic and environmental values of shoreland and sustain water quality. New residential subdivisions should consider conservation design principles. New developments may be connected to t…
Market overview
Demographics & Economy
Nisswa, MN has 6,746 residents in 5,402 households. Density runs 76 people per square mile. Median household income here is $92,741 and median gross rent $1,194 a month.
6,746
Population
5,402
Households
1.2
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
88.3 sq mi
ZIP Area
76
Density / Sq Mi
$92,741
Median Household Income
$44,553
Median Earnings
$1,194
Median Rent
$399,961
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lake Hubert | — | — |
| Lake Shore | — | — |
| Pequot Lakes | — | — |
| Breezy Point | — | — |
Commercial property in Nisswa, MN asks $169/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Nisswa?
Commercial property in Nisswa, MN asks an average of $169 per square foot.
What zoning applies to commercial property in Nisswa?
Nisswa, MN zones 6,745 acres across 9 districts, of which 28% is commercial and 0% industrial. The largest single district is Shoreland Residential at 34.4% of zoned land. The purpose of the shoreland residential district is to identify land uses that are compatible with the protection and preservation of shoreline resources to conserve the economic and environmental values of shoreland and sustain water quality. New residential subdivisions should consider conservation design principles. New developments may be connected to t… Residential zoning covers 62.2% and open space 6.7%.
Where does Realmo's Nisswa market data come from?
Realmo compiles Nisswa, MN figures from 14 active sale listings, 1 active lease listings, 437 tracked off-market properties, the current Nisswa zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 1 active for-lease listings in Nisswa, 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: 6,745 zoned acres across 9 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
