Commercial Real Estate Market in Grosse Ile, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
19 active listings and 142 off-market properties in Grosse Ile, MI.
Market Trends
Grosse Ile, MI spans 8.6 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Grosse Ile, MI asks $86/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 Grosse Ile, MI asks $101/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 Grosse Ile, 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 Grosse Ile, MI asks $69/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
Grosse Ile, MI has 10,788 residents in 4,537 households. Density runs 1,251 people per square mile. Median household income here is $124,934 and median gross rent $1,388 a month.
10,788
Population
4,537
Households
2.4
Avg Household Size
50
Median Age
48%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
1,251
Density / Sq Mi
$124,934
Median Household Income
$71,267
Median Earnings
$1,388
Median Rent
$343,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Trenton | $77 (county avg) | $12.50 |
| Riverview | $77 (county avg) | — |
| Woodhaven | $77 (county avg) | — |
| Gibraltar | $77 (county avg) | — |
Commercial property in Grosse Ile, MI asks $77/SF. The 4 bordering markets run from $77/SF in Trenton to $77/SF in Trenton, and the city sits in line with their $77/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grosse Ile?
Commercial property in Grosse Ile, MI asks an average of $77 per square foot. Retail carries the highest asking price at $101/SF.
How does Grosse Ile compare to nearby markets on price?
Grosse Ile, MI asks $77/SF against $77/SF in Trenton, $77/SF in Riverview, $77/SF in Woodhaven and $77/SF in Gibraltar.
Where does Realmo's Grosse Ile market data come from?
Realmo compiles Grosse Ile, MI figures from 17 active sale listings, 2 active lease listings, 142 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 2 active for-lease listings in Grosse Ile, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 30 September 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 30 September 2026 · report a data issue
