Commercial Real Estate Market in Niagara, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
4 active listings and 172 off-market properties in Niagara, WI.
Market Trends
Niagara, WI spans 129.1 square miles in Marinette County, Wisconsin. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Niagara, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Niagara, WI has a median asking sale price of $71/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Niagara, WI 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 Niagara, WI 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 68.2%
- Industrial 25.3%
- Civic 6.5%
Largest Zones share of zoned land by district
Niagara, WI zones 1,929 acres across 7 districts. The largest single district is Single Family Residential District at 36.8%. For commercial buyers the practical constraint is that only 25.3% of land carries a commercial or industrial designation.
The R-1 District is intended to provide a quiet, pleasant and relatively spacious living area protected from traffic hazards and the intrusion of incompatible land uses.
Market overview
Demographics & Economy
Niagara, WI has 3,515 residents in 1,922 households. Density runs 27 people per square mile. Median household income here is $69,076 and median gross rent $804 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Niagara?
What zoning applies to commercial property in Niagara?
Where does Realmo's Niagara market data come from?
Methodology & data sources
- Asking prices and medians
- There are 4 active for-sale and 0 active for-lease listings in Niagara, WI. The sale median is based on 3 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: 1,929 zoned acres across 7 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
