Commercial Real Estate Market in Fraser, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 547 off-market properties in Fraser, MI. Commercial property asks $81/SF to buy and $11.49/SF/Yr to lease.
Market Trends
Fraser, MI spans 4.1 square miles in Macomb County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Fraser, MI asks $141/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 Fraser, MI asks $121/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 Fraser, 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 Fraser, MI asks $131/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 63.6%
- Commercial 20.5%
- Industrial 8.7%
- Open space 5%
Largest Zones share of zoned land by district
Residential Medium One Family
Community Business
Industrial Restricted
Recreational
Commercial General
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.
Community Business (CBD)
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.
14,726
Population
6,778
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,556
Density / Sq Mi
$61,118
Median Household Income
$40,198
Median Earnings
$827
Median Rent
$193,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clinton Twp | — | $10.98 |
| Clinton Township | — | — |
| Warren | — | $14.87 |
| Roseville | — | $15.28 |
Commercial property in Fraser, MI asks $81/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fraser?
Commercial property in Fraser, MI asks an average of $81 per square foot. The 5 most recent recorded sales traded at a median of $67/SF, so asking sits 22% above the achieved median. Office carries the highest asking price at $141/SF.
How much does it cost to lease commercial space in Fraser?
Asking lease rates in Fraser, MI average $11.49 per square foot per year.
What zoning applies to commercial property in Fraser?
Fraser, MI zones 609 acres across 11 districts, of which 20.5% is commercial and 8.7% industrial. The largest single district is Residential Medium One Family at 60% of zoned land. Residential zoning covers 63.6% and open space 5%.
Where does Realmo's Fraser market data come from?
Realmo compiles Fraser, MI figures from 5 recent recorded sales, 20 active sale listings, 25 active lease listings, 547 tracked off-market properties, the current Fraser zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 25 active for-lease listings in Fraser, 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: 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 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
