Commercial Real Estate Market in Jenison, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 472 off-market properties in Jenison, MI. Commercial property asks $511/SF to buy and $18.57/SF/Yr to lease.
Market Trends
Jenison, MI spans 16.1 square miles in Ottawa County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Jenison, MI asks $139/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 Jenison, MI asks $212/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 Jenison, 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 Jenison, MI asks $264/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
Jenison, MI has 27,162 residents in 10,312 households. Density runs 1,691 people per square mile. Median household income here is $92,290 and median gross rent $1,373 a month.
27,162
Population
10,312
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
95%
High-School Grad
16.1 sq mi
ZIP Area
1,691
Density / Sq Mi
$92,290
Median Household Income
$49,911
Median Earnings
$1,373
Median Rent
$276,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grandville | — | $15.39 |
| Wyoming | — | $16.07 |
| Jamestown | — | — |
| Hudsonville | — | $16.38 |
Commercial property in Jenison, MI asks $511/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jenison?
Commercial property in Jenison, MI asks an average of $511 per square foot. The 3 most recent recorded sales traded at a median of $128/SF, so asking sits 299% above the achieved median. Multifamily carries the highest asking price at $264/SF.
How much does it cost to lease commercial space in Jenison?
Asking lease rates in Jenison, MI average $18.57 per square foot per year.
Where does Realmo's Jenison market data come from?
Realmo compiles Jenison, MI figures from 3 recent recorded sales, 10 active sale listings, 6 active lease listings, 472 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 6 active for-lease listings in Jenison, 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
