Drug Store

Grand Rapids, MI Drug Stores for Sale

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Comstock Park, MI Belmont, MI East Grand Rapids, MI Ada, MI Kentwood, MI Rockford, MI Wyoming, MI Walker, MI
Freestanding Pharmacy Retail Building
Updated: Jun 15
Freestanding Pharmacy Retail Building

4252 Kalamazoo Ave SE, Grand Rapids, MI 49508

$550,000
3,707 sqft 0.33 AC lot
3,707 SF former HomeTown Pharmacy building on a 0.33‑acre lot in Grand Rapids, MI
On‑site parking available on the property
Prominent pylon signage on a high‑traffic retail corridor
Fully finished basement provides storage space
Convenient access and strong traffic counts for retail visibility
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Drive-Through Drug Store
Drive-Through Drug Store

5866 Harvey St, Muskegon, MI 49444

$795,000
4,480 sqft

Former pharmacy property with a drive-thru, on-site parking, signage, and PUD zoning along Harvey Street.

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Freestanding Drug Store with Drive-Through
Freestanding Drug Store with Drive-Through

5014 Clio Rd, Flint, MI 48504

Contact for pricing
11,100 sqft

D-3-zoned retail building positioned at the Clio Road and Pierson Road intersection in Flint.

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Dollar Tree Drugstore
Dollar Tree Drugstore

3753 S Dort Hwy, Flint, MI 48507

Contact for pricing

Freestanding retail property with a 2023 prototype retrofit and Double Net lease structure.

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Drug Store at Signalized Corner
Drug Store at Signalized Corner

5603 Byron Center Avenue Southwest, Wyoming, MI 49509

Contact for pricing

Freestanding retail asset with an active Dollar General sublease and access to major regional roadways.

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Grand Rapids, MI Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Grand Rapids, MI on our real estate platform. These investment opportunities span a total of 3,707 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for pharmacies in Grand Rapids, MI average $550,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 64
Automotive properties 17
Shopping centers 17
Auto shops 13
Banks 7

Demographics Overview

Population 434K
Population Growth (5Y) +2.4%
Median Household Income $74,271
College Educated 24.5%

High-Yield Neighborhoods for Investment

Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49508 $550K

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $44.85 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kent County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Grand Rapids fall within the 2,500 to 5,000 square foot range.

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