Commercial Real Estate Market in Gladwin, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
12 active listings and 738 off-market properties in Gladwin, MI.
Market Trends
Gladwin, MI spans 341.2 square miles in Gladwin County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Gladwin, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Gladwin, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Gladwin, 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 Gladwin, 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 62.9%
- Commercial 22.7%
- Industrial 12.1%
- Mixed use 2.4%
Largest Zones share of zoned land by district
Gladwin, MI zones 1,811 acres across 8 districts. Commercial zoning covers 22.7% of zoned land, residential 62.9% and industrial 12.1%. The largest single district is One Family Residential Larger Lots at 33.5%. For commercial buyers the practical constraint is that only 34.8% of land carries a commercial or industrial designation.
Multi-Family Housing Adjacent to R-1A or R1-B Zoning Districts 6-foot-high wall or fence Off-street Parking Areas Adjacent to R1-A, R1-B, R-M, or R-O Zoning Districts 6-foot-high wall or fence C 1 and C 2 districts adjacent to R-1A, R1-B, or R- M districts 6-foot-high wall or fence MT - Districts adjacent to R1-A, R1-B, R-O, or R-M 8-foot-high wall or fence…
Market overview
Demographics & Economy
Gladwin, MI has 15,739 residents in 11,073 households. Density runs 46 people per square mile. Median household income here is $55,415 and median gross rent $689 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Gladwin?
What zoning applies to commercial property in Gladwin?
Where does Realmo's Gladwin market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 5 active for-lease listings in Gladwin, MI. The sale median is based on 4 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: 1,811 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
