Building Details

Year built 1975

Listing Agency: PREMIER REAL ESTATE, INC. Show Phone

Listed By: LORI RYMKOS · License #UPAR Show Phone

Added: Apr 1 Changed: Sep 7 Last Checked: Sep 20 at 3:06PM

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MLS# 50203039

Copyright © 2026 Upper Peninsula Association of Realtors. 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 2,240-square-foot retail unit is located within an updated mini-mall at 2419 N 1st Avenue in Escanaba. The space includes a kitchen and two bathrooms, providing a layout suited to the food-service concepts identified for the property, including a sub shop, snack bar, or ice cream parlor. Personal property and equipment are available separately, while utilities are handled separately from the occupancy arrangement.

The property encompasses 0.92 acres and includes on-site parking. Built in 1975, the property is served by public water. Its Escanaba location and existing commercial configuration provide a defined setting for a retail operator seeking kitchen infrastructure and customer parking.

Key Highlights

• 2,240‑square‑foot retail unit
• Kitchen and two bathrooms included
• Located within an updated mini‑mall

Property Analytics

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Current Use

JV Tow Truck ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hair Salon Grocery & Convenience Store Plumbing Service (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

Yes

Utilities to site

NNN (Triple Net)

Lease Type

$1.61 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

531

Businesses Nearby

Explore this area Business Placement

Demographics for 49829, MI

17,009

Population

8,729

Households

1.9

Avg Household Size

45

Median Age

19%

College-Educated

90%

High-School Grad

66.8 sq mi

ZIP Area

255

Density / Sq Mi

$45,808

Median Household Income

$31,366

Median Earnings

$667

Median Rent

$139,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Updated mini-mall unit with parking, food-service features, and two bathrooms for commercial use.

Where is this retail space located?

The property is located at 2419 N 1st Avenue Escanaba, MI.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: 2,240‑square‑foot retail unit; Kitchen and two bathrooms included; Located within an updated mini‑mall