Commercial Real Estate Market in Coloma, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
13 active listings and 497 off-market properties in Coloma, MI.
Market Trends
Coloma, MI spans 39.0 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Coloma, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Coloma, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Coloma, 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 Coloma, 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 62.9%
- Industrial 27%
- Commercial 10%
Largest Zones share of zoned land by district
Coloma, MI zones 570 acres across 3 districts. Commercial zoning covers 10% of zoned land, residential 62.9% and industrial 27%. The largest single district is Residential at 62.9%. For commercial buyers the practical constraint is that only 37.1% of land carries a commercial or industrial designation.
It is the intent of single-family dwellings and two-family dwellings, but not more than one such dwelling unit on each lot
Market overview
Demographics & Economy
Coloma, MI has 8,979 residents in 5,124 households. Density runs 230 people per square mile. Median household income here is $60,396 and median gross rent $944 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Watervliet | $152 | — |
| Hartford | $32 | — |
| Benton Harbor | $56 | $13.39 |
| Saint Joseph | $152 | $18.00 |
Commercial property in Coloma, MI asks $185/SF. The 4 bordering markets run from $32/SF in Hartford to $152/SF in Saint Joseph, and the city sits above their $104/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Coloma?
How does Coloma compare to nearby markets on price?
What zoning applies to commercial property in Coloma?
Where does Realmo's Coloma market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 2 active for-lease listings in Coloma, MI. The sale median is based on 6 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: 570 zoned acres across 3 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
