Commercial Real Estate Market in Pentwater, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 286 off-market properties in Pentwater, MI.
Market Trends
Pentwater, MI spans 41.7 square miles in Oceana County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Pentwater, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Pentwater, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Pentwater, 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 Pentwater, 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 91.3%
- Commercial 4.9%
- Planned_development 3.5%
- Industrial 0.3%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Pentwater, MI zones 864 acres across 10 districts. Commercial zoning covers 4.9% of zoned land, residential 91.3% and industrial 0.3%. The largest single district is Single Family Residential at 89.1%. For commercial buyers the practical constraint is that only 5.2% of land carries a commercial or industrial designation.
This R-2 District is intended to provide a low-density, single and two-family residential living environment and to foster stable, high quality neighborhoods while providing for additional variety in housing opportunities and choices. The regulations for this district also recognize the need to preserve existing housing stock, allow the full development of o…
Market overview
Demographics & Economy
Pentwater, MI has 2,776 residents in 2,642 households. Density runs 67 people per square mile. Median household income here is $74,286 and median gross rent $719 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hart | $97 | — |
| Ludington | $108 | $12.00 |
| Shelby | $76 | — |
| Scottville | $78 | — |
Commercial property in Pentwater, MI asks $251/SF. The 4 bordering markets run from $76/SF in Shelby to $108/SF in Ludington, and the city sits above their $88/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Pentwater?
How does Pentwater compare to nearby markets on price?
What zoning applies to commercial property in Pentwater?
Where does Realmo's Pentwater market data come from?
Methodology & data sources
- Asking prices and medians
- There are 7 active for-sale and 0 active for-lease listings in Pentwater, MI. The sale median is based on 5 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: 864 zoned acres across 10 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 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
