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    421 N Lafayette St Greenville, MI 48838

    Sponsored
    For Sale
    $1,200,000

    COMMERCIAL - Greenville, MI

    Type:Retail
    Property size:
    21,000 SF
    Lot size:
    2.29 Acres
    Days on Market:
    81
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 421 N Lafayette St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Bathrooms
    3
    APN
    05270500150
    Parking
    47
    Size
    21,000 SF
    Lot size
    2.29 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Floors in Building
    1
    Number of units
    1
    Building materials
    Brick, Stone
    Roof type
    Rubber

    EXP Realty (Cascade) (616) 942-2449

    Listing agent Joni McArthur (616) 791-1500

    Listing date Oct 17, 2025

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Retail and Commercial Building

    This 21,000 sq. ft. retail and commercial building is located in downtown Greenville. The property includes a 9,440 sq. ft. retail area, a 4,349 sq. ft. office space, and a 7,156 sq. ft. warehouse. The warehouse is equipped with eight overhead doors, floor drains, and three heating and air conditioning units. The building features a rubber roof, a modern security system with fencing, and ample loading docks, including a hydraulic loading well. Situated on a main road, the property benefits from high visibility and three-phase power. It also includes two paved parking lots and professional landscaping. The building is maintained in excellent condition and sits on a 2.29-acre lot. This location offers the infrastructure and convenience to support a variety of business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Five Point Holdings Holding Company

    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
    Greenville
    County
    Montcalm
    State
    Michigan
    Longitude
    -85.253947
    Latitude
    43.184047

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    FAQs

    What type of property is this?
    Retail space - 21,000 sq ft retail, office, and warehouse space for sale.
    Where is this retail space located?
    The property is located at 421 N Lafayette St Greenville, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime downtown Greenville location with high visibility on a main road.; - Versatile 21,000 sq. ft. building with retail, office, and warehouse spaces.; - Warehouse equipped with eight overhead doors, floor drains, and three HVAC units.
    (616) 894-1550
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    421 N Lafayette St Greenville, MI 48838
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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
    421 N Lafayette St Greenville, MI 48838
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