Commercial Real Estate Market in Montague, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 339 off-market properties in Montague, MI.
Market Trends
Montague, MI spans 65.6 square miles in Muskegon County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Montague, MI asks $115/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 Montague, MI asks $92/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 Montague, 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 Montague, MI asks $239/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 76.4%
- Commercial 12.3%
- Industrial 10.6%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Industrial
Conservation
Downtown Core Commercial
Montague, MI zones 1,705 acres across 9 districts. Commercial zoning covers 12.3% of zoned land, residential 76.4% and industrial 10.6%. The largest single district is Single Family Residential at 39.1%. For commercial buyers the practical constraint is that only 22.8% of land carries a commercial or industrial designation.
Single Family Residential (R-1B)
Section 9.120. R-1B single-family residential district. a) Purpose. The R-1B environmental environment is very similar to that of the R-1A; however, opportunity is provided for the placement of single-family detached homes on moderately sized lots. In many cases, the R-1B density results from historic development trends pre-dating this ordinance. The distric…
Market overview
Demographics & Economy
Montague, MI has 6,928 residents in 3,229 households. Density runs 106 people per square mile. Median household income here is $77,224 and median gross rent $772 a month.
6,928
Population
3,229
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
106
Density / Sq Mi
$77,224
Median Household Income
$39,356
Median Earnings
$772
Median Rent
$201,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whitehall | — | $11.00 |
| Sylvan Beach | — | — |
| Lakewood Club | — | — |
| North Muskegon | — | — |
Commercial property in Montague, MI asks $113/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montague?
Commercial property in Montague, MI asks an average of $113 per square foot. The 3 most recent recorded sales traded at a median of $36/SF, so asking sits 211% above the achieved median. Multifamily carries the highest asking price at $239/SF.
What zoning applies to commercial property in Montague?
Montague, MI zones 1,705 acres across 9 districts, of which 12.3% is commercial and 10.6% industrial. The largest single district is Single Family Residential at 39.1% of zoned land. Residential zoning covers 76.4% and open space 0%.
Where does Realmo's Montague market data come from?
Realmo compiles Montague, MI figures from 6 recent recorded sales, 36 active sale listings, 339 tracked off-market properties, the current Montague zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 0 active for-lease listings in Montague, 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: 1,705 zoned acres across 9 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, 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
