Commercial Real Estate Market in Mount Pleasant, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
96 active listings and 1,258 off-market properties in Mount Pleasant, MI. Commercial property asks $87/SF to buy and $15.18/SF/Yr to lease.
Market Trends
Mount Pleasant, MI spans 174.6 square miles in Isabella County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Mount Pleasant, MI has a median asking sale price of $90/SF (based on 9 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Mount Pleasant, MI has a median asking sale price of $68/SF (based on 8 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Mount Pleasant, 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 space in Mount Pleasant, MI has a median asking sale price of $114/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Mount Pleasant, MI has 44,268 residents in 19,431 households. Density runs 254 people per square mile. Median household income here is $48,794 and median gross rent $862 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Mount Pleasant?
How much does it cost to lease commercial space in Mount Pleasant?
Where does Realmo's Mount Pleasant market data come from?
Methodology & data sources
- Asking prices and medians
- There are 54 active for-sale and 42 active for-lease listings in Mount Pleasant, MI. The medians are based on 44 of the for-sale and 21 of the for-lease listings, those that state a price or rent per square foot. 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.
- 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 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 October 2026 · How Realmo checks market page data · Report a data issue
