Commercial Real Estate Market in Holland, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
294 active listings and 4,134 off-market properties in Holland, MI. Commercial property asks $160/SF to buy and $17.00/SF/Yr to lease.
Market Trends
Holland, MI spans 135.1 square miles in Ottawa County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Holland, MI asks $11.88/SF/Yr to lease; the median asking sale price is $174/SF. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Holland, MI has a median asking sale price of $165/SF. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Holland, MI has a median asking sale price of $96/SF. Vacancy 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 Holland, 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 34.5%
- Industrial 32.3%
- Mixed use 10.3%
- Open space 7.7%
- Planned_development 7%
- Special 5.1%
- Civic 1.7%
- Commercial 1.4%
Largest Zones share of zoned land by district
Holland, MI zones 9,582 acres across 24 districts. Commercial zoning covers 1.4% of zoned land, residential 34.5%, open space 7.7% and industrial 32.3%. The largest single district is Industrial at 32.3%. For commercial buyers the practical constraint is that only 33.7% of land carries a commercial or industrial designation.
OS Open Space PUD Planned Unit Development Residential zone districts. When UDO uses the term "residential zone districts ," that means the LDR, CNR, MDR, TNR, HDR, and MHR Zone Districts collectively. The maps in Sections 39-2.05 through 39-2.18 are illustrative only. The regulatory Zoning Map is located in Section 39-1.05 .
Market overview
Demographics & Economy
Holland, MI has 94,833 residents in 38,925 households. Density runs 702 people per square mile. Median household income here is $80,461 and median gross rent $1,150 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Zeeland | $215 | $12.00 |
| Saugatuck | $200 | — |
| Hamilton | $154 | $11.68 |
| Douglas | $297 | $13.16 |
Commercial property in Holland, MI asks $160/SF. The 4 bordering markets run from $154/SF in Hamilton to $297/SF in Douglas, and the city sits below their $207/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Holland?
How much does it cost to lease commercial space in Holland?
How does Holland compare to nearby markets on price?
What zoning applies to commercial property in Holland?
Where does Realmo's Holland market data come from?
Methodology & data sources
- Asking prices and medians
- There are 125 active for-sale and 169 active for-lease listings in Holland, MI. The medians are based on 68 of the for-sale and 116 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: 9,582 zoned acres across 24 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
