Commercial Real Estate Market in Coldwater, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
46 active listings and 1,061 off-market properties in Coldwater, MI. Commercial property asks $67/SF to buy (based on 5 listings) and $12.00/SF/Yr to lease.
Market Trends
Coldwater, MI spans 154.2 square miles in Branch County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Coldwater, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Coldwater, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Coldwater, 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 48.8%
- Industrial 37.7%
- Commercial 11.7%
- Planned_development 1.4%
Largest Zones share of zoned land by 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.
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.
Tools
Nearby Markets
Commercial property in Coldwater, MI asks $67/SF. The 2 bordering markets run from $71/SF in Reading to $84/SF in Quincy, and the city sits below their $77/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Coldwater?
How much does it cost to lease commercial space in Coldwater?
How does Coldwater compare to nearby markets on price?
What zoning applies to commercial property in Coldwater?
Where does Realmo's Coldwater market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 25 active for-lease listings in Coldwater, MI. The medians are based on 5 of the for-sale and 20 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.
- 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 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
