Commercial Real Estate Market in Vassar, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
10 active listings and 477 off-market properties in Vassar, MI.
Market Trends
Vassar, MI spans 105.9 square miles in Tuscola County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Vassar, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Vassar, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Vassar, 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 Vassar, 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
- Residential 65.2%
- Industrial 26.9%
- Commercial 7.9%
Largest Zones share of zoned land by district
Vassar, MI zones 1,403 acres across 8 districts. Commercial zoning covers 7.9% of zoned land, residential 65.2% and industrial 26.9%. The largest single district is Single Family Residential at 37.2%. For commercial buyers the practical constraint is that only 34.8% of land carries a commercial or industrial designation.
The purpose of this zoning district is to provide single family detached dwellings, accessory dwelling unit (ADU), home occupations, in home office, foster family homes, foster group homes, family day care home, essential public services
Market overview
Demographics & Economy
Vassar, MI has 9,648 residents in 4,146 households. Density runs 91 people per square mile. Median household income here is $63,363 and median gross rent $719 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Vassar?
What zoning applies to commercial property in Vassar?
Where does Realmo's Vassar market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 2 active for-lease listings in Vassar, MI. The sale median is based on 4 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: 1,403 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
