Commercial Real Estate Market in Grant, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
11 active listings and 229 off-market properties in Grant, MI.
Market Trends
Grant, MI spans 91.0 square miles in Newaygo County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Grant, MI has a median asking sale price of $101/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Grant, MI has a median asking sale price of $101/SF (based on 6 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Grant, 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 Grant, 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 77.3%
- Commercial 16.1%
- Industrial 6.6%
Largest Zones share of zoned land by district
Grant, MI zones 434 acres across 6 districts. Commercial zoning covers 16.1% of zoned land, residential 77.3% and industrial 6.6%. The largest single district is Single Family Residence District at 52.1%. For commercial buyers the practical constraint is that only 22.7% of land carries a commercial or industrial designation.
R-A Apartment District 3.2. MAP The map entitled Zoning Map delineating the above districts is hereby declared to be part of this ordinance. Except where references by lines, municipal boundary lines, section lines, fractional section lines of the adoption of this ordinance. 3.3. LOT DIVIDED BY ZONE LINE Where a district boundary line of the Zoning map divid…
Market overview
Demographics & Economy
Grant, MI has 8,322 residents in 3,537 households. Density runs 91 people per square mile. Median household income here is $68,452 and median gross rent $796 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Newaygo | $130 | $12.58 |
| Fremont | $71 | $10.22 |
| Sparta | $257 | — |
Commercial property in Grant, MI asks $101/SF. The 3 bordering markets run from $71/SF in Fremont to $257/SF in Sparta, and the city sits below their $130/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Grant?
How does Grant compare to nearby markets on price?
What zoning applies to commercial property in Grant?
Where does Realmo's Grant market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 2 active for-lease listings in Grant, MI. The sale median is based on 8 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: 434 zoned acres across 6 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
