Commercial Real Estate Market in Grosse Pointe, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
25 active listings and 249 off-market properties in Grosse Pointe, MI. Commercial property asks $203/SF to buy (based on 3 listings) and $25.61/SF/Yr to lease (based on 6 listings).
Market Trends
Grosse Pointe, MI spans 20.5 square miles in Wayne County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Grosse Pointe, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Grosse Pointe, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Grosse Pointe, 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 space in Grosse Pointe, MI has a median asking sale price of $203/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Grosse Pointe, MI has 98,998 residents in 43,277 households. Density runs 4,841 people per square mile. Median household income here is $85,377 and median gross rent $1,340 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Grosse Pointe?
How much does it cost to lease commercial space in Grosse Pointe?
Where does Realmo's Grosse Pointe market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 18 active for-lease listings in Grosse Pointe, MI. The medians are based on 3 of the for-sale and 6 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.
- 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
