Commercial Real Estate Market in Fenton, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
71 active listings and 976 off-market properties in Fenton, MI. Commercial property asks $81/SF to buy and $17.47/SF/Yr to lease.
Market Trends
Fenton, MI spans 83.2 square miles in Genesee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Fenton, MI asks $64/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 Fenton, MI asks $60/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 Fenton, 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 Fenton, MI asks $109/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.1%
- Commercial 30.6%
- Open space 6.1%
- Industrial 0.2%
Largest Zones share of zoned land by district
Central Business District
Low Medium Density Residential
Low Density Residential
High Density Residential
Rural Density Residential
Fenton, MI zones 729 acres across 13 districts. Commercial zoning covers 30.6% of zoned land, residential 59.1%, open space 6.1% and industrial 0.2%. The largest single district is Central Business District at 26.3%. For commercial buyers the practical constraint is that only 30.8% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Fenton, MI has 39,594 residents in 16,163 households. Density runs 476 people per square mile. Median household income here is $99,755 and median gross rent $1,382 a month.
39,594
Population
16,163
Households
2.4
Avg Household Size
42
Median Age
38%
College-Educated
96%
High-School Grad
83.2 sq mi
ZIP Area
476
Density / Sq Mi
$99,755
Median Household Income
$53,447
Median Earnings
$1,382
Median Rent
$308,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Holly | — | $18.23 |
| Linden | — | — |
| Rankin | — | — |
| Davisburg | — | — |
Commercial property in Fenton, MI asks $81/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fenton?
Commercial property in Fenton, MI asks an average of $81 per square foot. The 6 most recent recorded sales traded at a median of $176/SF. Multifamily carries the highest asking price at $109/SF.
How much does it cost to lease commercial space in Fenton?
Asking lease rates in Fenton, MI average $17.47 per square foot per year.
What zoning applies to commercial property in Fenton?
Fenton, MI zones 729 acres across 13 districts, of which 30.6% is commercial and 0.2% industrial. The largest single district is Central Business District at 26.3% of zoned land. Residential zoning covers 59.1% and open space 6.1%.
Where does Realmo's Fenton market data come from?
Realmo compiles Fenton, MI figures from 6 recent recorded sales, 54 active sale listings, 17 active lease listings, 976 tracked off-market properties, the current Fenton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 54 active for-sale and 17 active for-lease listings in Fenton, 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: 729 zoned acres across 13 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
