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    108 Center St E Ithaca, MI 48847

    For Lease
    $775 /Mo ($3 SF/Yr)

    Office Building,Retail Store - Ithaca, MI

    Property size:
    2,852 SF
    Days on Market:
    128
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 108 Center St E

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    Basement Y/N
    1
    Size
    2,852 SF

    Utilities

    Heating system
    Forced Air, Hot Water (Heating)

    Building Details

    Year built
    1987
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    II GEMINI, LLC (989) 708-6850 [email protected]

    Listing agent Ryan Smith (989) 708-6850

    Listing date Aug 1, 2025

    MLS# 1936753 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ithaca Retail/Office Space

    Located in downtown Ithaca, Unit D at the Village Shoppes offers 700 square feet of retail or office space with direct frontage on Center Street. The space is highly visible and suitable for various business types, having previously accommodated both professional offices and food retail. The flexible layout allows for custom buildouts to meet specific business needs. The monthly lease rate is $775, and the lease is an absolute gross lease, which includes all utilities. The property benefits from strong visibility and foot traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aleck & Jenkins Law Firm Courtney's Barber Shop Barber Shop Loretta's Laundry - A Western ... Boutique Creative Moments Gift Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.606875
    Latitude
    43.291315

    Nearby Similar for Lease

    • $1,500 /Mo
      2,650 SF

      Downtown Ithaca Retail/Office Space

      Prime commercial space in downtown Ithaca, adaptable for various businesses.
      105 E Center St, Ithaca, MI 48847
      View Details
    • $1,150 /Mo
      1,050 SF

      Downtown Ithaca Office Space Available

      Move-in ready office suite in downtown Ithaca available October 1, 2025.
      146 E Center St, Ithaca, MI 48847
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime 700 SF retail/office space in downtown Ithaca.
    Where is this retail space located?
    The property is located at 108 Center St E Ithaca, MI.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Ithaca location with direct frontage on Center Street, offering high visibility and foot traffic.; - Absolute Gross Lease at $775/month, including all utilities.; - 700 SF space suitable for retail or office use.
    (989) 708-6850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 Center St E Ithaca, MI 48847
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