Commercial Real Estate Market in Michiana, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings in Michiana, MI.
Market Trends
Michiana, MI spans 19.0 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Michiana, MI asks $131/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 Michiana, MI asks $104/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 Michiana, 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 Michiana, 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 94.4%
Largest Zones share of zoned land by district
Village Residential District
Lakefront Residential District
Public Lands District
Michiana, MI zones 252 acres across 3 districts. The largest single district is Village Residential District at 81.9%.
Village Residential District (VR)
VR Village Residential District It is the purpose of the Village Residential District to provide opportunities for single-family residential development patterns and lifestyles of a village character, based on lot size, setback, open space and other development regulations which ensure a stable and sound residential environment and community character. To th…
Market overview
Demographics & Economy
Michiana, MI has 3,710 residents in 3,790 households. Density runs 195 people per square mile. Median household income here is $75,268 and median gross rent $749 a month.
3,710
Population
3,790
Households
1
Avg Household Size
54
Median Age
46%
College-Educated
96%
High-School Grad
19 sq mi
ZIP Area
195
Density / Sq Mi
$75,268
Median Household Income
$48,056
Median Earnings
$749
Median Rent
$448,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Long Beach | — | — |
| Pottawattamie Park | — | — |
| New Buffalo | — | — |
| Trail Creek | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Michiana?
Michiana, MI zones 252 acres across 3 districts, of which 0% is commercial and 0% industrial. The largest single district is Village Residential District at 81.9% of zoned land. VR Village Residential District It is the purpose of the Village Residential District to provide opportunities for single-family residential development patterns and lifestyles of a village character, based on lot size, setback, open space and other development regulations which ensure a stable and sound residential environment and community character. To th… Residential zoning covers 94.4% and open space 0%.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Michiana, 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: 252 zoned acres across 3 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
