Commercial Real Estate Market in Lambertville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 158 off-market properties in Lambertville, MI. Commercial property asks $245/SF to buy and $10.25/SF/Yr to lease.
Market Trends
Lambertville, MI spans 7.9 square miles in Monroe County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lambertville, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Lambertville, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lambertville, 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 Lambertville, MI asks $97/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
Lambertville, MI has 10,331 residents in 4,179 households. Density runs 1,303 people per square mile. Median household income here is $97,371 and median gross rent $1,116 a month.
10,331
Population
4,179
Households
2.5
Avg Household Size
46
Median Age
31%
College-Educated
95%
High-School Grad
7.9 sq mi
ZIP Area
1,303
Density / Sq Mi
$97,371
Median Household Income
$48,077
Median Earnings
$1,116
Median Rent
$241,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Temperance | — | — |
| Ottawa Lake | — | — |
| Samaria | — | — |
| Sylvania | — | — |
Commercial property in Lambertville, MI asks $245/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lambertville?
Commercial property in Lambertville, MI asks an average of $245 per square foot. The 4 most recent recorded sales traded at a median of $153/SF, so asking sits 59% above the achieved median. Multifamily carries the highest asking price at $97/SF.
How much does it cost to lease commercial space in Lambertville?
Asking lease rates in Lambertville, MI average $10.25 per square foot per year.
Where does Realmo's Lambertville market data come from?
Realmo compiles Lambertville, MI figures from 5 recent recorded sales, 10 active sale listings, 4 active lease listings, 158 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 4 active for-lease listings in Lambertville, 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
