Commercial Real Estate Market in Beulah, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
6 active listings and 171 off-market properties in Beulah, MI.
Market Trends
Beulah, MI spans 45.4 square miles in Benzie County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Beulah, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Beulah, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Beulah, 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%.
Multifamily
Multifamily vacancy in Beulah, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 66.2%
- Commercial 20.3%
- Open space 13.6%
Largest Zones share of zoned land by district
Beulah, MI zones 277 acres across 9 districts. Commercial zoning covers 20.3% of zoned land, residential 66.2% and open space 13.6%. The largest single district is One Family Residential at 38.8%. For commercial buyers the practical constraint is that only 20.3% of land carries a commercial or industrial designation.
It is the intent of this District to provide quiet, safe neighborhoods for detached, single-family dwelling units and their ancillary uses.
Market overview
Demographics & Economy
Beulah, MI has 3,285 residents in 2,684 households. Density runs 72 people per square mile. Median household income here is $66,844 and median gross rent $657 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Benzonia | $95 | $10.74 |
| Honor | $145 | — |
| Frankfort | $238 | $19.00 |
Commercial property in Beulah, MI asks $97/SF. The 3 bordering markets run from $95/SF in Benzonia to $238/SF in Frankfort, and the city sits below their $145/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Beulah?
How does Beulah compare to nearby markets on price?
What zoning applies to commercial property in Beulah?
Where does Realmo's Beulah market data come from?
Methodology & data sources
- Asking prices and medians
- There are 4 active for-sale and 2 active for-lease listings in Beulah, MI. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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.
- Zoning and land use
- The current municipal zoning release: 277 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 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
