Commercial Real Estate Market in Fremont, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 536 off-market properties in Fremont, MI. Commercial property asks $149/SF to buy and $9.82/SF/Yr to lease.
Market Trends
Fremont, MI spans 110.4 square miles in Newaygo County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fremont, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Fremont, MI asks $115/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 Fremont, 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 Fremont, 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 55.3%
- Civic 19.5%
- Industrial 12.5%
- Commercial 9.7%
- Mixed use 3%
Largest Zones share of zoned land by district
Estate Residential
Institutional
Neighborhood Residential
Industrial
Urban Commercial
Fremont, MI zones 2,253 acres across 12 districts. Commercial zoning covers 9.7% of zoned land, residential 55.3% and industrial 12.5%. The largest single district is Estate Residential at 29%. For commercial buyers the practical constraint is that only 22.2% of land carries a commercial or industrial designation.
Industrial (O-IND)
INDUSTRIAL DISTRICT (O-IND) TYPE OF DISTRICT: TRADITIONAL ARTICLE 2: INDUSTRIAL DISTRICT (O-IND) SECTION 7-2.01: PURPOSE The Industrial District is intended to encourage the development of research, warehouse and light industrial activities in a setting conducive to public health, economic stability and growth.
Market overview
Demographics & Economy
Fremont, MI has 11,703 residents in 5,143 households. Density runs 106 people per square mile. Median household income here is $63,504 and median gross rent $860 a month.
11,703
Population
5,143
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
91%
High-School Grad
110.4 sq mi
ZIP Area
106
Density / Sq Mi
$63,504
Median Household Income
$37,272
Median Earnings
$860
Median Rent
$180,600
Median Home Value
Tools
Lease vs Buy Breakeven
At $9.82/SF/Yr lease vs $149/SF buy → buying wins if held > 3.8 years.
At a 6.6% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Newaygo | — | $12.90 |
| Hesperia | — | — |
| Brunswick | — | — |
| Grant | — | — |
Commercial property in Fremont, MI asks $149/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fremont?
Commercial property in Fremont, MI asks an average of $149 per square foot. Retail carries the highest asking price at $115/SF.
How much does it cost to lease commercial space in Fremont?
Asking lease rates in Fremont, MI average $9.82 per square foot per year.
Is it cheaper to lease or buy commercial space in Fremont?
Buying beats leasing in Fremont, MI if the property is held longer than 3.8 years, comparing $9.82/SF/Yr asking rent with $149/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Fremont?
Fremont, MI zones 2,253 acres across 12 districts, of which 9.7% is commercial and 12.5% industrial. The largest single district is Estate Residential at 29% of zoned land. Residential zoning covers 55.3% and open space 0%.
Where does Realmo's Fremont market data come from?
Realmo compiles Fremont, MI figures from 27 active sale listings, 17 active lease listings, 536 tracked off-market properties, the current Fremont zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 17 active for-lease listings in Fremont, 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: 2,253 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
