Commercial Real Estate Market in Coloma, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
49 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 August 2026.
Office
Office space in Coloma, MI asks $131/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 Coloma, MI asks $104/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 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Coloma, 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 62.9%
- Industrial 27%
- Commercial 10%
Largest Zones share of zoned land by district
Residential
Industrial
Commercial
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.
Residential (R)
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.
8,979
Population
5,124
Households
1.8
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
39 sq mi
ZIP Area
230
Density / Sq Mi
$60,396
Median Household Income
$41,663
Median Earnings
$944
Median Rent
$196,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Riverside | — | — |
| Watervliet | — | — |
| Covert | — | — |
| Hartford | — | — |
Commercial property in Coloma, MI asks $44/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Coloma?
Commercial property in Coloma, MI asks an average of $44 per square foot. Office carries the highest asking price at $131/SF.
What zoning applies to commercial property in Coloma?
Coloma, MI zones 570 acres across 3 districts, of which 10% is commercial and 27% industrial. The largest single district is Residential at 62.9% of zoned land. It is the intent of single-family dwellings and two-family dwellings, but not more than one such dwelling unit on each lot Residential zoning covers 62.9% and open space 0%.
Where does Realmo's Coloma market data come from?
Realmo compiles Coloma, MI figures from 3 recent recorded sales, 46 active sale listings, 3 active lease listings, 497 tracked off-market properties, the current Coloma zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 46 active for-sale and 3 active for-lease listings in Coloma, 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: 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 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
