Commercial Real Estate Market in Williamsburg, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
25 active listings and 591 off-market properties in Williamsburg, MI. Commercial property asks $148/SF to buy and $21.10/SF/Yr to lease (based on 5 listings).
Market Trends
Williamsburg, MI spans 82.7 square miles in Grand Traverse County, Michigan. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Williamsburg, MI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Williamsburg, MI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Williamsburg, MI has a median asking sale price of $146/SF (based on 8 listings). 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 vacancy in Williamsburg, MI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Williamsburg, MI has 6,494 residents in 3,476 households. Density runs 79 people per square mile. Median household income here is $105,701 and median gross rent $1,279 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Elk Rapids | $169 | $18.15 |
| Traverse City | $221 | $19.01 |
| Kalkaska | $72 | — |
Commercial property in Williamsburg, MI asks $148/SF. The 3 bordering markets run from $72/SF in Kalkaska to $221/SF in Traverse City, and the city sits below their $169/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Williamsburg?
How much does it cost to lease commercial space in Williamsburg?
How does Williamsburg compare to nearby markets on price?
Where does Realmo's Williamsburg market data come from?
Methodology & data sources
- Asking prices and medians
- There are 19 active for-sale and 6 active for-lease listings in Williamsburg, MI. The medians are based on 16 of the for-sale and 5 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.
- 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
