Commercial Real Estate Market in Mattawan, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
30 active listings and 332 off-market properties in Mattawan, MI. Commercial property asks $151/SF to buy and $15.33/SF/Yr to lease.
Market Trends
Mattawan, MI spans 29.4 square miles in Van Buren County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Mattawan, MI asks $141/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 Mattawan, MI asks $128/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 Mattawan, 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 vacancy in Mattawan, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 72.3%
- Industrial 11.4%
- Commercial 9.8%
- Residential 6.5%
Largest Zones share of zoned land by district
Agricultural
Medium Density Residential
Highway Business
Manufactured Housing Park
Low Density Residential
Agricultural (AG)
The purpose of this district is to provide an environment in which the principal use of land is for agricultural purposes, accommodating single family dwellings while retaining a rural character. It is further the intent of this district to provide for such public uses as schools, churches, libraries, parks, playgrounds, and other public and semi public uses…
Market overview
Demographics & Economy
Mattawan, MI has 10,748 residents in 4,415 households. Density runs 366 people per square mile. Median household income here is $105,779 and median gross rent $1,161 a month.
10,748
Population
4,415
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
97%
High-School Grad
29.4 sq mi
ZIP Area
366
Density / Sq Mi
$105,779
Median Household Income
$48,494
Median Earnings
$1,161
Median Rent
$261,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lawton | — | — |
| Paw Paw | — | — |
| Oshtemo | — | — |
| Schoolcraft | — | $14.93 |
Commercial property in Mattawan, MI asks $151/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mattawan?
Commercial property in Mattawan, MI asks an average of $151 per square foot. Office carries the highest asking price at $141/SF.
How much does it cost to lease commercial space in Mattawan?
Asking lease rates in Mattawan, MI average $15.33 per square foot per year.
Where does Realmo's Mattawan market data come from?
Realmo compiles Mattawan, MI figures from 2 recent recorded sales, 24 active sale listings, 6 active lease listings, 332 tracked off-market properties, the current Mattawan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 6 active for-lease listings in Mattawan, 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.
- Zoning and land use
- The current municipal zoning release: 2,461 zoned acres across 10 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 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
