Commercial Real Estate Market in Gladstone, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
14 active listings and 372 off-market properties in Gladstone, MI.
Market Trends
Gladstone, MI spans 69.0 square miles in Delta County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Gladstone, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Gladstone, MI has a median asking sale price of $146/SF (based on 9 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Gladstone, 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%.
Multifamily
Multifamily vacancy in Gladstone, 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 68%
- Industrial 14.5%
- Civic 8.8%
- Open space 8.7%
Largest Zones share of zoned land by district
Gladstone, MI zones 3,291 acres across 8 districts. The largest single district is Single Family at 32.9%. For commercial buyers the practical constraint is that only 14.5% of land carries a commercial or industrial designation.
Permitted principal uses in the R-1 district shall be detached single-family dwellings and a state-licensed residential facility approved to receive six or fewer individuals and a family childcare home approved to receive six or fewer minor children other than a facility for the care and treatment of individuals released from or assigned to adult correctiona…
Market overview
Demographics & Economy
Gladstone, MI has 10,086 residents in 4,488 households. Density runs 146 people per square mile. Median household income here is $65,905 and median gross rent $782 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Gladstone?
What zoning applies to commercial property in Gladstone?
Where does Realmo's Gladstone market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 2 active for-lease listings in Gladstone, MI. The sale median is based on 10 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 3,291 zoned acres across 8 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
