Commercial Real Estate Market in Mayville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 177 off-market properties in Mayville, MI.
Market Trends
Mayville, MI spans 65.0 square miles in Tuscola County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Mayville, 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 Mayville, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Mayville, 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 Mayville, 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
- Residential 50.8%
- Open space 21.8%
- Commercial 21.2%
- Industrial 6.3%
Largest Zones share of zoned land by district
Single Family Residential
Parks And Public Services
Local Commercial District
Industrial District
Central Business District
Mayville, MI zones 702 acres across 8 districts. Commercial zoning covers 21.2% of zoned land, residential 50.8%, open space 21.8% and industrial 6.3%. The largest single district is Single Family Residential at 48.5%. For commercial buyers the practical constraint is that only 27.4% of land carries a commercial or industrial designation.
Single Family Residential (SFR)
E ZONING ORDINANCE 52 Article 2 Division 1: Zoning Districts in General Sec. 3.01. Districts Established For the purposes of this Ordinance, the Village is hereby divided into the following zoning districts: Residential SFR Single-Family Residential District MFR Multiple-Family Residential District Commercial CBD Central Business District HDD Historic Downto…
Market overview
Demographics & Economy
Mayville, MI has 4,525 residents in 2,027 households. Density runs 70 people per square mile. Median household income here is $58,435 and median gross rent $806 a month.
4,525
Population
2,027
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
96%
High-School Grad
65 sq mi
ZIP Area
70
Density / Sq Mi
$58,435
Median Household Income
$32,089
Median Earnings
$806
Median Rent
$141,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Silverwood | — | — |
| Fostoria | — | — |
| Clifford | — | — |
| Millington | — | — |
Commercial property in Mayville, MI asks $213/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Mayville?
Commercial property in Mayville, MI asks an average of $213 per square foot.
What zoning applies to commercial property in Mayville?
Mayville, MI zones 702 acres across 8 districts, of which 21.2% is commercial and 6.3% industrial. The largest single district is Single Family Residential at 48.5% of zoned land. E ZONING ORDINANCE 52 Article 2 Division 1: Zoning Districts in General Sec. 3.01. Districts Established For the purposes of this Ordinance, the Village is hereby divided into the following zoning districts: Residential SFR Single-Family Residential District MFR Multiple-Family Residential District Commercial CBD Central Business District HDD Historic Downto… Residential zoning covers 50.8% and open space 21.8%.
Where does Realmo's Mayville market data come from?
Realmo compiles Mayville, MI figures from 6 recent recorded sales, 8 active sale listings, 177 tracked off-market properties, the current Mayville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Mayville, 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: 702 zoned acres across 8 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
