Commercial Real Estate Market in Montrose, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 194 off-market properties in Montrose, MI.
Market Trends
Montrose, MI spans 43.0 square miles in Genesee County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Montrose, MI asks $64/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 Montrose, MI asks $60/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 Montrose, 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 Montrose, MI asks $109/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 81.3%
- Industrial 9.4%
- Commercial 9.2%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Multiple Family Residential
Industrial District
General Business District
Montrose, MI zones 626 acres across 6 districts. Commercial zoning covers 9.2% of zoned land, residential 81.3% and industrial 9.4%. The largest single district is Single Family Residential at 45.2%. For commercial buyers the practical constraint is that only 18.7% of land carries a commercial or industrial designation.
Single Family Residential (SF-1)
The intent of this district is to provide an environment primarily for single-family dwellings on older platted city lots and other compatible related facilities which serve the residents in the district
Market overview
Demographics & Economy
Montrose, MI has 8,186 residents in 3,438 households. Density runs 190 people per square mile. Median household income here is $64,583 and median gross rent $864 a month.
8,186
Population
3,438
Households
2.4
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
43 sq mi
ZIP Area
190
Density / Sq Mi
$64,583
Median Household Income
$32,679
Median Earnings
$864
Median Rent
$164,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Burt | — | — |
| Birch Run | — | — |
| Clio | — | $18.15 |
| New Lothrop | — | — |
Commercial property in Montrose, MI asks $71/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montrose?
Commercial property in Montrose, MI asks an average of $71 per square foot. The 3 most recent recorded sales traded at a median of $19/SF, so asking sits 276% above the achieved median. Multifamily carries the highest asking price at $109/SF.
What zoning applies to commercial property in Montrose?
Montrose, MI zones 626 acres across 6 districts, of which 9.2% is commercial and 9.4% industrial. The largest single district is Single Family Residential at 45.2% of zoned land. The intent of this district is to provide an environment primarily for single-family dwellings on older platted city lots and other compatible related facilities which serve the residents in the district Residential zoning covers 81.3% and open space 0%.
Where does Realmo's Montrose market data come from?
Realmo compiles Montrose, MI figures from 6 recent recorded sales, 8 active sale listings, 1 active lease listings, 194 tracked off-market properties, the current Montrose 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 1 active for-lease listings in Montrose, 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: 626 zoned acres across 6 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
