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Steel Warehouse Property with Two Buildings
For Sale
$450,000

11616 NW Monroe Road, Riverdale, MI 48877

Commercial, Riverdale, MI

Property Size11,118 SF
Lot Size3.15 Acres
Price / SF$40.47
Days on Market155

Property Features for 11616 NW Monroe Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 1
Parking 12
Parking features Parking Lot
Exterior features Steel
Lot features Freestanding
Directions FROM ALMA GO WEST ON M-46. PROPERTY ON NORTH SIDE JUST PAST LUMBERJACK RD
Subdivision Gratiot
Standard status Active
Size 11,118 SF
Lot size 3.15 Acres

Taxes and HOA fees

Tax Description COM 424.57' W OF S 1/4 COR OF SEC, TH W 203' N 675.80', E 203' S 675.60' TO POB, SEC 19-12-4. 3.15 ACRES M/L SEVILLE TWP, GRATIOT COUNTY FOR 2001 FROM 2913-019-011-30 & 2913-019-011-35.
Tax Annual Amount 11814
Legal Description COM 424.57' W OF S 1/4 COR OF SEC, TH W 203' N 675.80', E 203' S 675.60' TO POB, SEC 19-12-4. 3.15 ACRES M/L SEVILLE TWP, GRATIOT COUNTY FOR 2001 FROM 2913-019-011-30 & 2913-019-011-35.

Utilities

Sewer type Shared Septic
Water source Private

Building Details

Building materials Steel
Roof type Metal, Asphalt
Listing Agency: CENTURY 21 SIGNATURE - Mt. Pleasant
Listed By: James Parsons
Added: Apr 20 Changed: Sep 13 Last Checked: Sep 21 at 5:06AM
MLS# 1944042

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This warehouse property includes two steel commercial buildings totaling 11,118 square feet of finished space on 3.15 acres. Both structures feature overhead doors, kitchenettes, bathrooms, central air, heat, security cameras, and backup generators. Asphalt and metal roofing, paved parking, private water, and shared septic service are also part of the property improvements.

The property is located at 11616 NW Monroe Road in Riverdale, Michigan, within Gratiot County. The site includes a pond and a parking lot, providing a multi-building commercial setting with supporting outdoor improvements. Warehouse users can access finished interior areas along with practical building systems and loading features at each structure.

Key Highlights

  • Two commercial buildings with 11,118 square feet of finished space
  • 3.15‑acre site with a pond and paved parking
  • Both buildings include overhead doors, kitchenettes, bathrooms, central air, and heat

Property Analytics

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Current Use

How Smooth It ... (Bike/Boat/Book/etc) Store Rustic Creations Furniture & Home Goods

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Electronics & Wireless Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48877, MI

2,300
Population
1,051
Households
2.2
Avg Household Size
43
Median Age
10%
College-Educated
87%
High-School Grad
36.9 sq mi
ZIP Area
62
Density / Sq Mi
$57,222
Median Household Income
$29,583
Median Earnings
$637
Median Rent
$107,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Two steel commercial buildings offer finished warehouse space with overhead doors, climate control, and paved parking.
Where is this warehouse located?
The property is located at 11616 NW Monroe Road Riverdale, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two commercial buildings with 11,118 square feet of finished space; 3.15‑acre site with a pond and paved parking; Both buildings include overhead doors, kitchenettes, bathrooms, central air, and heat
More about this property
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