St Joseph, Michigan Commercial Real Estate Market Report

The commercial real estate market in St. Joseph, Michigan currently shows 157 active listings available on the Commrty platform. This inventory consists almost entirely of properties for sale, with 156 listings seeking buyers and only one listing currently offered for lease. All 157 of these listings have entered the marketplace within the last 90 days. The inventory reflects a stable local environment anchored by the regional economy near Lake Michigan, serving as a primary hub for businesses and tourism in Berrien County, though no new listings have been added within the past 30 days. Pricing for the 15 properties that publish a sale price ranges from $12 to $4.1 million. The median asking price for these available assets stands at $549,000. These figures provide a snapshot of the valuation environment for commercial participants currently evaluating opportunities in the region, noting that no transactions have been recorded as sold or leased through the platform in the last 180 days. The inventory composition is heavily weighted toward office and retail assets. Specifically, 76 listings are classified as office spaces, while 57 listings are categorized as retail. The remaining market supply includes 12 businesses for sale, 11 industrial properties, and one multifamily listing. This diversity of asset types suggests potential suitability for a range of investors and business owners looking for professional, commercial, or light industrial space. Users can utilize these data points to benchmark asking prices and evaluate the current breadth of available inventory across St. Joseph.