Commercial Real Estate Market in Grawn, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 167 off-market properties in Grawn, MI.
Market Trends
Grawn, MI spans 22.2 square miles in Grand Traverse County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Grawn, MI asks $236/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 Grawn, MI asks $265/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 Grawn, 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 Grawn, MI asks $224/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
Market overview
Demographics & Economy
Grawn, MI has 3,466 residents in 1,562 households. Density runs 156 people per square mile. Median household income here is $74,871 and median gross rent $1,309 a month.
3,466
Population
1,562
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
22.2 sq mi
ZIP Area
156
Density / Sq Mi
$74,871
Median Household Income
$29,035
Median Earnings
$1,309
Median Rent
$228,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mayfield | — | — |
| Kingsley | — | — |
| Buckley | — | — |
| Traverse City | — | $20.63 |
Commercial property in Grawn, MI asks $127/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grawn?
Commercial property in Grawn, MI asks an average of $127 per square foot. Retail carries the highest asking price at $265/SF.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 0 active for-lease listings in Grawn, 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.
- 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
