Commercial Real Estate Market in Niagara, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 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 August 2026.
Office
Office vacancy in Niagara, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Niagara, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Niagara, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
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
Single Family Residential District
Conservancy District
Industrial
Special Purpose District
Commercial Manufacturing 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.
Single Family Residential District (R-1)
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.
3,515
Population
1,922
Households
1.8
Avg Household Size
49
Median Age
17%
College-Educated
93%
High-School Grad
129.1 sq mi
ZIP Area
27
Density / Sq Mi
$69,076
Median Household Income
$43,351
Median Earnings
$804
Median Rent
$130,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Quinnesec | — | — |
| Kingsford | — | — |
| Norway | — | — |
| Iron Mountain | — | $16.79 |
Commercial property in Niagara, WI asks $101/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Niagara?
Commercial property in Niagara, WI asks an average of $101 per square foot.
What zoning applies to commercial property in Niagara?
Niagara, WI zones 1,929 acres across 7 districts, of which 0% is commercial and 25.3% industrial. The largest single district is Single Family Residential District at 36.8% of zoned land. 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. Residential zoning covers 68.2% and open space 0%.
Where does Realmo's Niagara market data come from?
Realmo compiles Niagara, WI figures from 4 recent recorded sales, 9 active sale listings, 172 tracked off-market properties, the current Niagara zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Niagara, WI. 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.
- 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 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
