Commercial Real Estate Market in Algonac, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
23 active listings and 249 off-market properties in Algonac, MI. Commercial property asks $264/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Algonac, MI spans 19.0 square miles in St. Clair County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Algonac, MI asks $102/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 Algonac, MI asks $80/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 Algonac, 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 Algonac, MI asks $140/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 89.4%
- Commercial 5.2%
- Mixed use 4.2%
- Open space 1.3%
Largest Zones share of zoned land by district
One Family Residential District
One And Two Family Residential District
Multiple Family Residential District
One Family Residential District
Central Business District
Algonac, MI zones 910 acres across 10 districts. Commercial zoning covers 5.2% of zoned land, residential 89.4% and open space 1.3%. The largest single district is One Family Residential District at 40.6%. For commercial buyers the practical constraint is that only 5.2% of land carries a commercial or industrial designation.
One Family Residential District (R-2)
Ord. No. 96-5, § 300, 3-5-1996) Sec. 50-34. - Zoning districts. For the purposes of this article, the city is hereby divided into the following zoning districts: Residential Districts R-1 One-Family Residential District R-2 One-Family Residential District R-3 One- and Two-Family Residential District RM-1 Multiple-Family Residential District RM-2 Multiple-Fam…
Market overview
Demographics & Economy
Algonac, MI has 11,721 residents in 5,787 households. Density runs 616 people per square mile. Median household income here is $64,538 and median gross rent $921 a month.
11,721
Population
5,787
Households
2
Avg Household Size
50
Median Age
18%
College-Educated
94%
High-School Grad
19 sq mi
ZIP Area
616
Density / Sq Mi
$64,538
Median Household Income
$35,987
Median Earnings
$921
Median Rent
$250,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harsens Island | — | — |
| Fair Haven | — | — |
Commercial property in Algonac, MI asks $264/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Algonac?
Commercial property in Algonac, MI asks an average of $264 per square foot. Multifamily carries the highest asking price at $140/SF.
How much does it cost to lease commercial space in Algonac?
Asking lease rates in Algonac, MI average $14.00 per square foot per year.
What zoning applies to commercial property in Algonac?
Algonac, MI zones 910 acres across 10 districts, of which 5.2% is commercial and 0% industrial. The largest single district is One Family Residential District at 40.6% of zoned land. Ord. No. 96-5, § 300, 3-5-1996) Sec. 50-34. - Zoning districts. For the purposes of this article, the city is hereby divided into the following zoning districts: Residential Districts R-1 One-Family Residential District R-2 One-Family Residential District R-3 One- and Two-Family Residential District RM-1 Multiple-Family Residential District RM-2 Multiple-Fam… Residential zoning covers 89.4% and open space 1.3%.
Where does Realmo's Algonac market data come from?
Realmo compiles Algonac, MI figures from 19 active sale listings, 4 active lease listings, 249 tracked off-market properties, the current Algonac zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 19 active for-sale and 4 active for-lease listings in Algonac, 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.
- Zoning and land use
- The current municipal zoning release: 910 zoned acres across 10 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 30 September 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 30 September 2026 · report a data issue
