Commercial Real Estate Market in Williamsburg, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
96 active listings and 591 off-market properties in Williamsburg, MI. Commercial property asks $779/SF to buy and $8.98/SF/Yr to lease.
Market Trends
Williamsburg, MI spans 82.7 square miles in Grand Traverse County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Williamsburg, MI asks $236/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 Williamsburg, MI asks $265/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 Williamsburg, 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 space in Williamsburg, MI asks $224/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
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.
6,494
Population
3,476
Households
1.9
Avg Household Size
50
Median Age
45%
College-Educated
97%
High-School Grad
82.7 sq mi
ZIP Area
79
Density / Sq Mi
$105,701
Median Household Income
$47,114
Median Earnings
$1,279
Median Rent
$329,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Acme | — | — |
| Rapid City | — | — |
| Elk Rapids | — | $22.53 |
| Traverse City | — | $20.63 |
Commercial property in Williamsburg, MI asks $779/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Williamsburg?
Commercial property in Williamsburg, MI asks an average of $779 per square foot. Retail carries the highest asking price at $265/SF.
How much does it cost to lease commercial space in Williamsburg?
Asking lease rates in Williamsburg, MI average $8.98 per square foot per year.
Where does Realmo's Williamsburg market data come from?
Realmo compiles Williamsburg, MI figures from 92 active sale listings, 4 active lease listings, 591 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 92 active for-sale and 4 active for-lease listings in Williamsburg, 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.
- 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
