Commercial Real Estate Market in Coldwater, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
75 active listings and 1,061 off-market properties in Coldwater, MI. Commercial property asks $21/SF to buy and $9.48/SF/Yr to lease.
Market Trends
Coldwater, MI spans 154.2 square miles in Branch County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Coldwater, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Coldwater, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Coldwater, 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 vacancy in Coldwater, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.8%
- Industrial 37.7%
- Commercial 11.7%
- Planned_development 1.4%
Largest Zones share of zoned land by district
Heavy Industrial District
One Family Residential District
One Family Agricultural Residential District
Light Industrial District
General Business District
Coldwater, MI zones 5,867 acres across 14 districts. Commercial zoning covers 11.7% of zoned land, residential 48.8% and industrial 37.7%. The largest single district is Heavy Industrial District at 28.6%. For commercial buyers the practical constraint is that only 49.3% of land carries a commercial or industrial designation.
Heavy Industrial District (D2)
D-2 Heavy Industrial District is to preserve the industrial and agricultural character of the D-2 Heavy Industrial District. This section is to be construed to protect the public over Marihuana Establishments and licensee interests. Operation of a Marihuana Establishment is a revocable privilege and not a right in the City. There is no property right for a p…
Market overview
Demographics & Economy
Coldwater, MI has 24,632 residents in 11,663 households. Density runs 160 people per square mile. Median household income here is $59,649 and median gross rent $913 a month.
24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Quincy | — | — |
| Union City | — | — |
| Bronson | — | — |
| Tekonsha | — | — |
Commercial property in Coldwater, MI asks $21/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Coldwater?
Commercial property in Coldwater, MI asks an average of $21 per square foot.
How much does it cost to lease commercial space in Coldwater?
Asking lease rates in Coldwater, MI average $9.48 per square foot per year.
What zoning applies to commercial property in Coldwater?
Coldwater, MI zones 5,867 acres across 14 districts, of which 11.7% is commercial and 37.7% industrial. The largest single district is Heavy Industrial District at 28.6% of zoned land. D-2 Heavy Industrial District is to preserve the industrial and agricultural character of the D-2 Heavy Industrial District. This section is to be construed to protect the public over Marihuana Establishments and licensee interests. Operation of a Marihuana Establishment is a revocable privilege and not a right in the City. There is no property right for a p… Residential zoning covers 48.8% and open space 0%.
Where does Realmo's Coldwater market data come from?
Realmo compiles Coldwater, MI figures from 6 recent recorded sales, 49 active sale listings, 26 active lease listings, 1,061 tracked off-market properties, the current Coldwater zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 49 active for-sale and 26 active for-lease listings in Coldwater, 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: 5,867 zoned acres across 14 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 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
