Downtown Storefront with Included
324 W Main Street Gaylord, MI 49735
For Sale
$475,000
COMMERCIAL - Gaylord, MI
Property Size2,175 SF
Price / SF$218.39
Days on Market56
Property Features for 324 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Parking features
Parking Lot
Basement
Full
Standard status
Active
APN
100-000-002-009-02
Size
2,175 SF
Taxes and HOA fees
Tax Description
W 22 FT OF LOT 9 EXC N 12 FT BLK 2 CITY OFGAYLORD
Utilities
Sewer type
Public Sewer
Building Details
Building materials
Brick
Listing Agency:
The TEAM Real Estate Group
(989) 732-6500
Listed By:
Daphne Cousineau · License #6501451636
(989) 619-5976
Added: Jun 5
Last Checked: Jul 30 at 9:06AM
MLS# 201840610
Copyright © 2026 Water Wonderland Board 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 for-sale storefront property is offered with both the real estate and included equipment. The building is a retail configuration suitable for a small storefront operation within a commercial district. The listing provides a total building size of 2,175 square feet.
Located at 324 W Main Street in Gaylord, Michigan, the property sits on a main thoroughfare identified in the listing as being along M-32. With its downtown address, the space is positioned to serve customers looking for in-town retail services.
The B-1 zoning supports a variety of commercial retail uses, making the property a practical fit for operators seeking a centrally located storefront. It may also appeal to buyers who prefer a packaged offering, since the equipment is included alongside the real estate. If you’re evaluating space for an existing concept expansion or a new storefront opening, this property’s size and zoning provide a straightforward starting point within downtown Gaylord.
Located at 324 W Main Street in Gaylord, Michigan, the property sits on a main thoroughfare identified in the listing as being along M-32. With its downtown address, the space is positioned to serve customers looking for in-town retail services.
The B-1 zoning supports a variety of commercial retail uses, making the property a practical fit for operators seeking a centrally located storefront. It may also appeal to buyers who prefer a packaged offering, since the equipment is included alongside the real estate. If you’re evaluating space for an existing concept expansion or a new storefront opening, this property’s size and zoning provide a straightforward starting point within downtown Gaylord.
Key Highlights
- Brick commercial property with parking lot on Main Street along M‑32 in downtown Gaylord
- Public sewer available
- Property includes real estate and equipment
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.7k | $15.48 |
| − Vacancy | −$1.4k | −$0.65 |
| EGI | $32.3k | $14.83 |
| − OpEx | −$9.7k | −$4.45 |
| NOI | $22.6k | $10.38 |
2,175 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$322.5K
$282.2K – $376.3K
NOI $22,578 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.98M
$2.61M – $3.48M
NOI $208,539 @ 7.0% cap · market cap 43.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Rosemary & Pepper Flower Co. — 261 S Wisconsin Ave, Gaylord, MI 49735
- Martin the Flower Guy — 118 N Otsego Ave, Gaylord, MI 49735
Frequently Asked Questions
What type of property is this?
Storefront property - For-sale storefront property in B-1 zoning with real estate and equipment included.
Where is this storefront property located?
The property is located at 324 W Main Street Gaylord, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Brick commercial property with parking lot on Main Street along M‑32 in downtown Gaylord; Public sewer available; Property includes real estate and equipment
