Commercial Real Estate Market in Stevensville, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 452 off-market properties in Stevensville, MI. Commercial property asks $239/SF to buy (based on 5 listings) and $15.00/SF/Yr to lease (based on 9 listings).
Market Trends
Stevensville, MI spans 17.1 square miles in Berrien County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Stevensville, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Stevensville, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Stevensville, MI 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
- Civic 47.2%
- Commercial 35.6%
- Industrial 10.9%
- Residential 5.1%
- Planned_development 1.2%
Largest Zones share of zoned land by district
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Bridgman | $157 | — |
| Saint Joseph | $152 | $18.00 |
Commercial property in Stevensville, MI asks $239/SF. The 2 bordering markets run from $152/SF in Saint Joseph to $157/SF in Bridgman, and the city sits above their $155/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Stevensville?
How much does it cost to lease commercial space in Stevensville?
How does Stevensville compare to nearby markets on price?
Where does Realmo's Stevensville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 15 active for-lease listings in Stevensville, MI. The medians are based on 5 of the for-sale and 9 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.
- 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 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
