Commercial Real Estate Market in Goodrich, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
21 active listings and 117 off-market properties in Goodrich, MI. Commercial property asks $414/SF to buy and $50.00/SF/Yr to lease.
Market Trends
Goodrich, MI spans 31.9 square miles in Genesee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Goodrich, MI asks $64/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 Goodrich, MI asks $60/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 Goodrich, 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 Goodrich, MI asks $109/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 83.7%
- Commercial 16%
- Industrial 0.4%
Largest Zones share of zoned land by district
Very Low Density Residential District
Low Density Residential District
Village Center Residential District
General Business District
Medium Density Residential District
Goodrich, MI zones 1,295 acres across 8 districts. Commercial zoning covers 16% of zoned land, residential 83.7% and industrial 0.4%. The largest single district is Very Low Density Residential District at 40.5%. For commercial buyers the practical constraint is that only 16.3% of land carries a commercial or industrial designation.
Very Low Density Residential District (VLDR)
The VLDR very low density residential district is the lowest density single family residential district in the village, This VLDR district is intended to provide a low density living environment that helps preserve the semirural character of the village's periphery, particularly in areas with sensitive environmental features
Market overview
Demographics & Economy
Goodrich, MI has 7,074 residents in 2,781 households. Density runs 222 people per square mile. Median household income here is $100,759 and median gross rent $1,353 a month.
7,074
Population
2,781
Households
2.5
Avg Household Size
44
Median Age
34%
College-Educated
98%
High-School Grad
31.9 sq mi
ZIP Area
222
Density / Sq Mi
$100,759
Median Household Income
$53,866
Median Earnings
$1,353
Median Rent
$309,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Atlas | — | — |
| Ortonville | — | — |
| Hadley | — | — |
| Grand Blanc | — | $18.11 |
Commercial property in Goodrich, MI asks $414/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Goodrich?
Commercial property in Goodrich, MI asks an average of $414 per square foot. Multifamily carries the highest asking price at $109/SF.
How much does it cost to lease commercial space in Goodrich?
Asking lease rates in Goodrich, MI average $50.00 per square foot per year.
What zoning applies to commercial property in Goodrich?
Goodrich, MI zones 1,295 acres across 8 districts, of which 16% is commercial and 0.4% industrial. The largest single district is Very Low Density Residential District at 40.5% of zoned land. The VLDR very low density residential district is the lowest density single family residential district in the village, This VLDR district is intended to provide a low density living environment that helps preserve the semirural character of the village's periphery, particularly in areas with sensitive environmental features Residential zoning covers 83.7% and open space 0%.
Where does Realmo's Goodrich market data come from?
Realmo compiles Goodrich, MI figures from 3 recent recorded sales, 18 active sale listings, 3 active lease listings, 117 tracked off-market properties, the current Goodrich zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 3 active for-lease listings in Goodrich, 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: 1,295 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 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
