Melvin, MI
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    Melvin, MI Commercial Real Estate for Sale

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    Yale, MI Lynn, MI Peck, MI
    Post Office-Leased Mixed-Use Building
    $244,900
    1,885 SF

    Post Office-Leased Mixed-Use Building

    1296 Main Street, Melvin, MI 48454

    Mixed-use property with a long-term USPS lease and two leased two-bedroom apartments with shared laundry.

    • Own a post office building plus 2 residential apartments in Melvin; USPS has been a tenant since 1930 and the lower unit is leased for $849.75 (5‑year lease starting Oct 1 last year).
    • Two 2‑bedroom apartments: upper leased at $625 and lower unit leased at $700 on month‑to‑month contracts.
    • Year built: 1900; private water source.
    • Recent improvements totaling $40K+ since purchase, including new roof (back apartment and garage), upgraded electric panel, new well pump and piping, and tuckpointing/regrouting brick exterior.
    • Additional upgrades listed: double windows in lower apartment, new commercial flooring and toilet for Post Office, new 50‑gal water heater, new refrigerator (upstairs), and new closed‑system gas boiler.
    Updated: May 6
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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 1 Active listings in Melvin, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Parcel Agricultural Land Package
    $210,000
    17.15 Acres

    Four-Parcel Agricultural Land Package

    Agriculturally zoned land offered as a single four-parcel package sale in St. Clair County, Michigan.

    Fulton Road, Lynn, MI 48097
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    Restaurant and Home For Sale
    $599,000
    4,799 SF

    Restaurant and Home For Sale

    Restaurant with home included in sale, FF&E and licenses.

    6020 Emmett Road, Yale, MI
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    Farming and Homesite Acreage
    $99,000
    10.00 Acres

    Farming and Homesite Acreage

    Ten acres of currently farmed land, suitable for building or continued agricultural use, subject to township approval.

    o Dudley Road, Lynn, MI 48097
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    16 Acres Corner Lot in Yale
    $89,000
    16.00 Acres

    16 Acres Corner Lot in Yale

    Versatile 16-acre corner lot ideal for homesite or recreation.

    VL Speaker Road, Yale, MI 48097
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    Off-Market Properties in Melvin, MI

    Consider similar Off-Market properties in Melvin, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7402 Brockway Rd
    COMMERCIAL (GENERAL)
    Lot: 2.70 Acres
    Value Estimation by Request

    7402 Brockway Rd, Melvin, MI 48454-9731

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    7042 Arendt Rd
    COMMERCIAL (GENERAL)
    Lot: 5.05 Acres
    Value Estimation by Request

    7042 Arendt Rd, Melvin, MI 48454-9720

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    8031 Brockway Rd
    COMMERCIAL (GENERAL)
    Lot: 2.09 Acres
    Value Estimation by Request

    8031 Brockway Rd, Melvin, MI 48454-9779

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    1268 Main St
    COMMERCIAL (GENERAL)
    Lot: 0.60 Acres
    Value Estimation by Request

    1268 Main St, Melvin, MI 48454-9516

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    1275 Main St
    COMMERCIAL (GENERAL)
    Lot: 0.51 Acres
    Value Estimation by Request

    1275 Main St, Melvin, MI 48454-7705

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    7020 Brockway Rd
    COMMERCIAL (GENERAL)
    Lot: 3.99 Acres
    Value Estimation by Request

    7020 Brockway Rd, Melvin, MI 48454-9764

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    7971 Washington St
    COMMERCIAL (GENERAL)
    Lot: 1.23 Acres
    Value Estimation by Request

    7971 Washington St, Melvin, MI 48454-9518

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    Railroad
    INDUSTRIAL (GENERAL)
    Value Estimation by Request

    Railroad, Melvin, MI 48454

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    1305 Railroad St
    COMMERCIAL (GENERAL)
    Lot: 5.00 Acres
    Value Estimation by Request

    1305 Railroad St, Melvin, MI 48454-9793

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    1171 Main St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    1171 Main St, Melvin, MI 48454-9775

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    Main St
    COMMERCIAL (GENERAL)
    Lot: 2.28 Acres
    Value Estimation by Request

    Main St, Melvin, MI 48454

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    232 Galbraith Line Rd
    COMMERCIAL (GENERAL)
    Lot: 78.00 Acres
    Value Estimation by Request

    232 Galbraith Line Rd, Melvin, MI 48454-9733

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    232 Galbraith Line Rd
    COMMERCIAL (GENERAL)
    Lot: 37.48 Acres
    Value Estimation by Request

    232 Galbraith Line Rd, Melvin, MI 48454-9733

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    7600 Brockway Rd
    COMMERCIAL (GENERAL)
    Lot: 1.60 Acres
    Value Estimation by Request

    7600 Brockway Rd, Melvin, MI 48454-9766

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    7630 Brockway Rd
    COMMERCIAL (GENERAL)
    Lot: 9.27 Acres
    Value Estimation by Request

    7630 Brockway Rd, Melvin, MI 48454-9766

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    7042 Arendt Rd
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    7042 Arendt Rd, Melvin, MI 48454-9720

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    7042 Arendt Rd
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    7042 Arendt Rd, Melvin, MI 48454-9720

    View details
    Melvin, MI 48454
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    Melvin, MI 48454

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    Duquette-fremont Duquette-f
    COMMERCIAL (GENERAL)
    Lot: 5.00 Acres
    Value Estimation by Request

    Duquette-fremont Duquette-f, Melvin, MI 48454

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    Railroad Property
    INDUSTRIAL (GENERAL)
    Value Estimation by Request

    Railroad Property, Melvin, MI 48454

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    Melvin, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 21 commercial real estate for sale in Melvin, MI on our real estate platform. These investment opportunities span a total of 1,885 square feet of properties for sale, with an estimated market value of $244,900.

    Sale prices for business properties in Melvin, MI start at $244,900, averaging $244,900, and reaching up to $244,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,251
    Population Growth (5Y) +7.1%
    Median Household Income $62,300
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Melvin submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48454 $244.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Average Loan-to-Value 65.0%

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