Commercial Real Estate Market in Nunica, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 146 off-market properties in Nunica, MI. Commercial property asks $132/SF to buy and $5.54/SF/Yr to lease.
Market Trends
Nunica, MI spans 33.0 square miles in Ottawa County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Nunica, MI asks $139/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 Nunica, MI asks $212/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 Nunica, 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 Nunica, MI asks $264/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
Market overview
Demographics & Economy
Nunica, MI has 4,027 residents in 1,700 households. Density runs 122 people per square mile. Median household income here is $81,536 and median gross rent $738 a month.
4,027
Population
1,700
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
93%
High-School Grad
33 sq mi
ZIP Area
122
Density / Sq Mi
$81,536
Median Household Income
$50,000
Median Earnings
$738
Median Rent
$266,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fruitport | — | — |
| Coppersville | — | — |
| Coopersville | — | $10.97 |
| Spring Lake | — | $12.64 |
Commercial property in Nunica, MI asks $132/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Nunica?
Commercial property in Nunica, MI asks an average of $132 per square foot. The 4 most recent recorded sales traded at a median of $197/SF. Multifamily carries the highest asking price at $264/SF.
How much does it cost to lease commercial space in Nunica?
Asking lease rates in Nunica, MI average $5.54 per square foot per year.
Where does Realmo's Nunica market data come from?
Realmo compiles Nunica, MI figures from 4 recent recorded sales, 16 active sale listings, 1 active lease listings, 146 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 1 active for-lease listings in Nunica, 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.
- 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
