Commercial Real Estate Market in Stevensville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
41 active listings and 452 off-market properties in Stevensville, MI. Commercial property asks $110/SF to buy and $14.19/SF/Yr to lease.
Market Trends
Stevensville, MI spans 17.1 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Stevensville, 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 Stevensville, 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 Stevensville, 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 Stevensville, 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
- Civic 47.2%
- Commercial 35.6%
- Industrial 10.9%
- Residential 5.1%
- Planned_development 1.2%
Largest Zones share of zoned land by district
Single Family Residential
General Commercial
Industrial
Duplex Dwelling
Mobile Home Park
General Commercial (C1)
Article VII - C1 General Commercial District Section 7.01. District and Intent The regulations contained herein are intended to provide a neighborhood convenience shopping zones where retail businesses, service establishments, and offices are permitted to perform services to meet the daily needs of the Village.
Market overview
Demographics & Economy
Stevensville, MI has 10,811 residents in 5,043 households. Density runs 631 people per square mile. Median household income here is $96,781 and median gross rent $1,103 a month.
10,811
Population
5,043
Households
2.1
Avg Household Size
45
Median Age
47%
College-Educated
98%
High-School Grad
17.1 sq mi
ZIP Area
631
Density / Sq Mi
$96,781
Median Household Income
$44,903
Median Earnings
$1,103
Median Rent
$287,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saint Joe | — | $13.71 |
| Baroda | — | — |
| Bridgman | — | — |
| Saint Joseph | — | $16.58 |
Commercial property in Stevensville, MI asks $110/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Stevensville?
Commercial property in Stevensville, MI asks an average of $110 per square foot. The 4 most recent recorded sales traded at a median of $122/SF. Office carries the highest asking price at $131/SF.
How much does it cost to lease commercial space in Stevensville?
Asking lease rates in Stevensville, MI average $14.19 per square foot per year.
Where does Realmo's Stevensville market data come from?
Realmo compiles Stevensville, MI figures from 5 recent recorded sales, 30 active sale listings, 11 active lease listings, 452 tracked off-market properties, the current Stevensville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 11 active for-lease listings in Stevensville, 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: 612 zoned acres across 8 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
