Commercial Real Estate Market in Benton Harbor, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
107 active listings and 1,732 off-market properties in Benton Harbor, MI. Commercial property asks $56/SF to buy and $13.39/SF/Yr to lease.
Market Trends
Benton Harbor, MI spans 67.3 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Benton Harbor, MI has a median asking sale price of $50/SF (based on 9 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Benton Harbor, MI has a median asking sale price of $50/SF. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Benton Harbor, MI has a median asking sale price of $50/SF (based on 8 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Benton Harbor, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Benton Harbor, MI has 30,143 residents in 14,484 households. Density runs 448 people per square mile. Median household income here is $39,859 and median gross rent $797 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Saint Joseph | $152 | $18.00 |
| Stevensville | $239 | $15.00 |
| Coloma | $185 | — |
Commercial property in Benton Harbor, MI asks $56/SF. The 3 bordering markets run from $152/SF in Saint Joseph to $239/SF in Stevensville, and the city sits below their $185/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Benton Harbor?
How much does it cost to lease commercial space in Benton Harbor?
How does Benton Harbor compare to nearby markets on price?
Where does Realmo's Benton Harbor market data come from?
Methodology & data sources
- Asking prices and medians
- There are 61 active for-sale and 46 active for-lease listings in Benton Harbor, MI. The medians are based on 25 of the for-sale and 25 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
