Commercial Real Estate Market in Montague, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
9 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 October 2026.
Office
Office vacancy in Montague, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Montague, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Montague, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Whitehall | $141 | $11.00 |
| Muskegon | $123 | $13.00 |
| Shelby | $76 | — |
Commercial property in Montague, MI asks $131/SF. The 3 bordering markets run from $76/SF in Shelby to $141/SF in Whitehall, and the city sits above their $123/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Montague?
How does Montague compare to nearby markets on price?
What zoning applies to commercial property in Montague?
Where does Realmo's Montague market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 0 active for-lease listings in Montague, MI. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
