Commercial Real Estate Market in Saugatuck, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 421 off-market properties in Saugatuck, MI.
Market Trends
Saugatuck, MI spans 10.4 square miles in Allegan County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Saugatuck, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Saugatuck, MI has a median asking sale price of $229/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Saugatuck, MI has a median asking sale price of $156/SF. 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 space in Saugatuck, MI has a median asking sale price of $452/SF (based on 4 listings). Vacancy 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 67.3%
- Open space 10.1%
- Commercial 2.9%
- Mixed use 1.1%
Largest Zones share of zoned land by district
Saugatuck, MI zones 1,101 acres across 21 districts. Commercial zoning covers 2.9% of zoned land, residential 67.3% and open space 10.1%. The largest single district is Conservation Recreation Camp R1 at 36.5%. For commercial buyers the practical constraint is that only 2.9% of land carries a commercial or industrial designation.
This district is designed to maximize preservation of the existing environment by providing for a private recreation camp and low density residential uses.
Market overview
Demographics & Economy
Saugatuck, MI has 2,950 residents in 2,113 households. Density runs 284 people per square mile. Median household income here is $101,250 and median gross rent $766 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Douglas | $297 | $13.16 |
| Fennville | $217 | — |
| Hamilton | $154 | $11.68 |
| Holland | $160 | $17.00 |
Commercial property in Saugatuck, MI asks $200/SF. The 4 bordering markets run from $154/SF in Hamilton to $297/SF in Douglas, and the city sits above their $188/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Saugatuck?
How does Saugatuck compare to nearby markets on price?
What zoning applies to commercial property in Saugatuck?
Where does Realmo's Saugatuck market data come from?
Methodology & data sources
- Asking prices and medians
- There are 25 active for-sale and 2 active for-lease listings in Saugatuck, MI. The sale median is based on 21 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: 1,101 zoned acres across 21 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
