Commercial Real Estate Market in Ada, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
37 active listings and 347 off-market properties in Ada, MI. Commercial property asks $21/SF to buy and $17.67/SF/Yr to lease.
Market Trends
Ada, MI spans 56.8 square miles in Kent County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Ada, MI asks $147/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Ada, MI asks $206/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ada, MI 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 Ada, MI asks $162/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
Ada, MI has 20,665 residents in 7,383 households. Density runs 364 people per square mile. Median household income here is $173,008 and median gross rent $2,074 a month.
20,665
Population
7,383
Households
2.8
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
56.8 sq mi
ZIP Area
364
Density / Sq Mi
$173,008
Median Household Income
$83,039
Median Earnings
$2,074
Median Rent
$510,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Grand Rapids | — | — |
| Grand Rapids | — | $17.63 |
| Cannonsburg | — | — |
| Lowell | — | $14.41 |
Commercial property in Ada, MI asks $21/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ada?
Commercial property in Ada, MI asks an average of $21 per square foot. Retail carries the highest asking price at $206/SF.
How much does it cost to lease commercial space in Ada?
Asking lease rates in Ada, MI average $17.67 per square foot per year.
Where does Realmo's Ada market data come from?
Realmo compiles Ada, MI figures from 32 active sale listings, 5 active lease listings, 347 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 32 active for-sale and 5 active for-lease listings in Ada, MI. 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
