Commercial Real Estate Market in Fraser, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
47 active listings and 547 off-market properties in Fraser, MI. Commercial property asks $80/SF to buy (based on 7 listings) and $10.00/SF/Yr to lease.
Market Trends
Fraser, MI spans 4.1 square miles in Macomb County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Fraser, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Fraser, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Fraser, MI has a median asking sale price of $79/SF (based on 3 listings). Vacancy 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 Fraser, 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 63.6%
- Commercial 20.5%
- Industrial 8.7%
- Open space 5%
Largest Zones share of zoned land by district
Fraser, MI zones 609 acres across 11 districts. Commercial zoning covers 20.5% of zoned land, residential 63.6%, open space 5% and industrial 8.7%. The largest single district is Residential Medium One Family at 60%. For commercial buyers the practical constraint is that only 29.2% of land carries a commercial or industrial designation.
Sec. 32-134. - Community business district, CBD. This district is intended to provide a combination of convenience and comparison retail goods and services serving the needs of a broader market area than the CN district. The community business district is generally characterized by an integrated or planned grouping of establishments served by common parking…
Market overview
Demographics & Economy
Fraser, MI has 14,726 residents in 6,778 households. Density runs 3,556 people per square mile. Median household income here is $61,118 and median gross rent $827 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Clinton Township | $127 | $14.72 |
| Warren | $90 | $15.32 |
| Roseville | $90 | $14.82 |
| Eastpointe | $100 | $14.17 |
Commercial property in Fraser, MI asks $80/SF. The 4 bordering markets run from $90/SF in Roseville to $127/SF in Clinton Township, and the city sits below their $95/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Fraser?
How much does it cost to lease commercial space in Fraser?
How does Fraser compare to nearby markets on price?
What zoning applies to commercial property in Fraser?
Where does Realmo's Fraser market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 27 active for-lease listings in Fraser, MI. The medians are based on 7 of the for-sale and 17 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: 609 zoned acres across 11 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
