Commercial Real Estate Market in Grandville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
23 active listings and 793 off-market properties in Grandville, MI. Commercial property asks $157/SF to buy (based on 9 listings) and $14.50/SF/Yr to lease.
Market Trends
Grandville, MI spans 19.0 square miles in Kent County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Grandville, MI has a median asking sale price of $113/SF (based on 5 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Grandville, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Grandville, 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 Grandville, 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 62.8%
- Commercial 16.4%
- Industrial 13.6%
- Planned_development 4.1%
- Mixed use 3.2%
Largest Zones share of zoned land by district
Grandville, MI zones 4,402 acres across 22 districts. Commercial zoning covers 16.4% of zoned land, residential 62.8% and industrial 13.6%. The largest single district is One Family Residential at 30.8%. For commercial buyers the practical constraint is that only 30% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Grandville, MI has 30,520 residents in 12,801 households. Density runs 1,607 people per square mile. Median household income here is $83,485 and median gross rent $1,218 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Jenison | $263 | $17.50 |
| Wyoming | $144 | $14.95 |
| Kentwood | $149 | $16.23 |
| Walker | $206 | — |
Commercial property in Grandville, MI asks $157/SF. The 4 bordering markets run from $144/SF in Wyoming to $263/SF in Jenison, and the city sits below their $177/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Grandville?
How much does it cost to lease commercial space in Grandville?
How does Grandville compare to nearby markets on price?
What zoning applies to commercial property in Grandville?
Where does Realmo's Grandville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 11 active for-sale and 12 active for-lease listings in Grandville, MI. The medians are based on 9 of the for-sale and 11 of the for-lease listings, those that state a price or rent per square foot. 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: 4,402 zoned acres across 22 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
