Commercial Real Estate Market in Flushing, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
53 active listings and 569 off-market properties in Flushing, MI. Commercial property asks $171/SF to buy and $14.67/SF/Yr to lease.
Market Trends
Flushing, MI spans 55.5 square miles in Genesee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Flushing, 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 Flushing, 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 Flushing, 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 Flushing, 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 90.4%
- Commercial 7.4%
- Industrial 2.2%
Largest Zones share of zoned land by district
Single Family Residential
Multifamily Residential District
General Business District
High Density Residential District
Industrial District
Flushing, MI zones 2,389 acres across 12 districts. Commercial zoning covers 7.4% of zoned land, residential 90.4% and industrial 2.2%. The largest single district is Single Family Residential at 83.2%. For commercial buyers the practical constraint is that only 9.6% of land carries a commercial or industrial designation.
Industrial District (I-1)
The I-1 Industrial District is designed so as to primarily accommodate wholesale and warehouse activities, and industrial operations whose external, physical effects are restricted to the area of the districts. The I -1 district is so structured as to permi t, along with any specified uses, the manufacturing, compounding, processing, packaging, assembly, or…
Market overview
Demographics & Economy
Flushing, MI has 26,688 residents in 10,597 households. Density runs 481 people per square mile. Median household income here is $81,301 and median gross rent $982 a month.
26,688
Population
10,597
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
95%
High-School Grad
55.5 sq mi
ZIP Area
481
Density / Sq Mi
$81,301
Median Household Income
$45,126
Median Earnings
$982
Median Rent
$197,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lennon | — | — |
| New Lothrop | — | — |
| Swartz Creek | — | — |
| Montrose | — | — |
Commercial property in Flushing, MI asks $171/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Flushing?
Commercial property in Flushing, MI asks an average of $171 per square foot. The 3 most recent recorded sales traded at a median of $103/SF, so asking sits 65% above the achieved median. Multifamily carries the highest asking price at $109/SF.
How much does it cost to lease commercial space in Flushing?
Asking lease rates in Flushing, MI average $14.67 per square foot per year.
What zoning applies to commercial property in Flushing?
Flushing, MI zones 2,389 acres across 12 districts, of which 7.4% is commercial and 2.2% industrial. The largest single district is Single Family Residential at 83.2% of zoned land. Residential zoning covers 90.4% and open space 0%.
Where does Realmo's Flushing market data come from?
Realmo compiles Flushing, MI figures from 5 recent recorded sales, 49 active sale listings, 4 active lease listings, 569 tracked off-market properties, the current Flushing 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 4 active for-lease listings in Flushing, 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: 2,389 zoned acres across 12 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
