Commercial Real Estate Market in Pentwater, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 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 August 2026.
Office
Office vacancy in Pentwater, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail space in Pentwater, MI asks $53/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 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Pentwater, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
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
Single Family Residential
Central Business
Planned Unit Development
Multifamily Residential
Lakeshore Multifamily Residential
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.
Single Family Residential (R-2)
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.
2,776
Population
2,642
Households
1.1
Avg Household Size
58
Median Age
43%
College-Educated
95%
High-School Grad
41.7 sq mi
ZIP Area
67
Density / Sq Mi
$74,286
Median Household Income
$36,875
Median Earnings
$719
Median Rent
$282,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hart | — | — |
| Silver Lake | — | — |
| Ludington | — | $10.59 |
| Shelby | — | — |
Commercial property in Pentwater, MI asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pentwater?
Commercial property in Pentwater, MI asks an average of $30 per square foot. Retail carries the highest asking price at $53/SF.
What zoning applies to commercial property in Pentwater?
Pentwater, MI zones 864 acres across 10 districts, of which 4.9% is commercial and 0.3% industrial. The largest single district is Single Family Residential at 89.1% of zoned land. 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… Residential zoning covers 91.3% and open space 0%.
Where does Realmo's Pentwater market data come from?
Realmo compiles Pentwater, MI figures from 7 recent recorded sales, 39 active sale listings, 286 tracked off-market properties, the current Pentwater zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 39 active for-sale and 0 active for-lease listings in Pentwater, 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: 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 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
