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Anchored Retail Condo
For Sale
$225,000

1681 Benzie Highway, Benzonia, MI 49616

Commercial, Benzonia, MI

Property Size2,381 SF
Lot Size5.00 Acres
Price / SF$94.50
Days on Market195

Property Features for 1681 Benzie Highway

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Office, Retail, Commercial, Restaurant/Food
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Exterior features Brick
Lot features Shopping Center
Directions Located on the east side of US 31. One mile south of US 31 and M 115 intersection.
Subdivision Benzie
Standard status Active
Size 2,381 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description UNIT 5 CRYSTAL PLAZA CONDOMINIUM [[ 2/92 MSTR DEED 260/721; 01/98 336/261 LC; 06/03 469/506 WD
Legal Description UNIT 5 CRYSTAL PLAZA CONDOMINIUM [[ 2/92 MSTR DEED 260/721; 01/98 336/261 LC; 06/03 469/506 WD

Utilities

Sewer type Shared Septic

Amenities

Three phase/230V electric
multiple water connections
fifteen foot ceiling height to beams
restroom
rear double service doors

Building Details

Building materials Block
Roof type Metal
Listing Agency: Three West, LLC
Listed By: Bill Somerville · License #6501400610
Added: Mar 2 Changed: Sep 1 Last Checked: Sep 13 at 10:06PM
MLS# 1942620

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 2,381-square-foot retail condominium occupies space within a Family Fare-anchored shopping center in Benzonia. The unit includes a restroom, rear double service doors, multiple water connections, and a 15-foot ceiling height to the beams. Building materials include brick exterior elements, block construction, and a metal roof. Shared septic service is in place, with a parking lot serving the center.

The property fronts US-31 and is positioned near True Value, ACE Hardware, Sav-A-Lot, and Family Dollar. Crystal Lake and Crystal Mountain ski and golf resort are also identified within the surrounding area. The space is configured for retail or office use and includes three-phase, 230V electric service. An established dry cleaner business and related equipment are included, with seller transition assistance available. Equipment may be removed if preferred.

Key Highlights

  • 2,381‑square‑foot retail condo in a Family Fare‑anchored center
  • US‑31 location in Benzonia, MI 49616
  • 15‑foot ceiling height to beams with rear double service doors

Property Analytics

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Current Use

H&R Block Tax Preparation Studio 817 Hair Salon Robbie's Dry Cleaners (Bike/Boat/Book/etc) Store Upriver Pizza Restaurant

Suggested Use

Top Pick Auto Repair Shop HVAC Service Big Box & Wholesale Store Building Supply Bakery (Bike/Boat/Book/etc) 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.

Lease Details

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 29% Home Improvements & Furnishings 25% Shops & Services 7%
Family Fare Groceries
14,417 visits/mo 0.1 miles
McDonald's Dining
13,184 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
7,174 visits/mo 0.4 miles
Nugent Ace Hardware Home Improvements & Furnishings
4,041 visits/mo 0.1 miles
Family Dollar Shops & Services
3,143 visits/mo 0.3 miles

Demographics for 49616, MI

2,068
Population
1,096
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
95%
High-School Grad
36.2 sq mi
ZIP Area
57
Density / Sq Mi
$49,224
Median Household Income
$30,846
Median Earnings
$594
Median Rent
$204,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The unit supports retail or office use with parking, three-phase power, and multiple water connections.
Where is this retail space located?
The property is located at 1681 Benzie Highway Benzonia, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,381‑square‑foot retail condo in a Family Fare‑anchored center; US‑31 location in Benzonia, MI 49616; 15‑foot ceiling height to beams with rear double service doors
More about this property
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