Commercial Real Estate Market in Canton Twp, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
277 active listings and 3,029 off-market properties in Canton Twp, MI. Commercial property asks $77/SF to buy and $15.07/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Canton Twp, MI asks $86/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 Canton Twp, MI asks $101/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 Canton Twp, 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 Canton Twp, MI asks $69/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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Plymouth | $77 (county avg) | $18.43 |
| Westland | $77 (county avg) | $15.07 |
| Wayne | $77 (county avg) | $17.54 |
| Livonia | $77 (county avg) | $14.15 |
Commercial property in Canton Twp, MI asks $77/SF. The 4 bordering markets run from $77/SF in Plymouth to $77/SF in Plymouth, and the city sits in line with their $77/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Canton Twp?
Commercial property in Canton Twp, MI asks an average of $77 per square foot. The 3 most recent recorded sales traded at a median of $213/SF. Retail carries the highest asking price at $101/SF.
How much does it cost to lease commercial space in Canton Twp?
Asking lease rates in Canton Twp, MI average $15.07 per square foot per year.
How does Canton Twp compare to nearby markets on price?
Canton Twp, MI asks $77/SF against $77/SF in Plymouth, $77/SF in Westland, $77/SF in Wayne and $77/SF in Livonia.
Where does Realmo's Canton Twp market data come from?
Realmo compiles Canton Twp, MI figures from 4 recent recorded sales, 150 active sale listings, 127 active lease listings, 3,029 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 150 active for-sale and 127 active for-lease listings in Canton Twp, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 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
