Commercial Real Estate Market in Saint Joe, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
108 active listings and 10 off-market properties in Saint Joe, MI. Commercial property asks $60/SF to buy and $13.71/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Saint Joe, MI asks $131/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 Saint Joe, MI asks $104/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 Saint Joe, 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 Saint Joe, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Joseph | — | $16.58 |
| Stevensville | — | $14.19 |
| Benton Harbor | — | $13.71 |
| Sodus | — | — |
Commercial property in Saint Joe, MI asks $60/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saint Joe?
Commercial property in Saint Joe, MI asks an average of $60 per square foot. Office carries the highest asking price at $131/SF.
How much does it cost to lease commercial space in Saint Joe?
Asking lease rates in Saint Joe, MI average $13.71 per square foot per year.
Where does Realmo's Saint Joe market data come from?
Realmo compiles Saint Joe, MI figures from 92 active sale listings, 16 active lease listings, 10 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 92 active for-sale and 16 active for-lease listings in Saint Joe, 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
