Commercial Real Estate Market in Saint Joe, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
56 active listings and 10 off-market properties in Saint Joe, MI. Commercial property asks $141/SF to buy and $12.50/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Saint Joe, MI has a median asking sale price of $128/SF. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Saint Joe, MI has a median asking sale price of $132/SF (based on 7 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Saint Joe, MI has a median asking sale price of $113/SF (based on 5 listings). Vacancy 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 Saint Joe, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Saint Joseph | $152 | $18.00 |
| Stevensville | $239 | $15.00 |
| Benton Harbor | $58 | $13.39 |
Commercial property in Saint Joe, MI asks $141/SF. The 3 bordering markets run from $58/SF in Benton Harbor to $239/SF in Stevensville, and the city sits below their $152/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Saint Joe?
How much does it cost to lease commercial space in Saint Joe?
How does Saint Joe compare to nearby markets on price?
Where does Realmo's Saint Joe market data come from?
Methodology & data sources
- Asking prices and medians
- There are 39 active for-sale and 17 active for-lease listings in Saint Joe, MI. The medians are based on 23 of the for-sale and 16 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
