Drug Store

Grand Rapids, MI Drug Stores for Sale

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Freestanding Pharmacy Retail Building
Updated: Jun 29
Freestanding Pharmacy Retail Building

4252 Kalamazoo Avenue Southeast, Grand Rapids, MI 49508

Contact for pricing
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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Pharmacy Retail Leasehold
Updated: Apr 11
Pharmacy Retail Leasehold

1964 Fuller Ave NE, Grand Rapids, MI 49505

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Walgreens lease in place with more than six years remaining
Lease includes multiple five‑year option periods (6 total five‑year options)
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Walgreens Drugstore with Drive-Thru
Walgreens Drugstore with Drive-Thru

760 W Michigan Ave, Kalamazoo, MI 49007

Contact for pricing
14,550 sqft

Single-tenant Walgreens includes a drive-thru and operates under an absolute net lease with corporate guarantee.

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Former Drug Store Hard Corner
Former Drug Store Hard Corner

1019 W Saginaw St, Lansing, MI 48915

Contact for pricing
11,680 sqft

Former drug store building totaling 11,680 SF at a signalized hard-corner intersection.

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Former Walgreens Available for Sale
Former Walgreens Available for Sale

918 Riverview Dr, Kalamazoo, MI

Contact for pricing
14,378 sqft 1.29 AC lot

Freestanding retail property with NN lease in place until 2025.

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Corporate Guaranteed Walgreens Investment
Corporate Guaranteed Walgreens Investment

410 E Jolly Rd, Lansing, MI 48910

Contact for pricing

Single-tenant Walgreens investment with a corporate guaranteed lease extended through 2034.

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Grand Rapids, MI Drug Stores Market Trends and Statistics

Explore 2 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 42
Automotive properties 16
Auto shops 14
Shopping centers 7
Showrooms 7

Demographics Overview

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

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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