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Retail and Warehouse Building with Overhead Doors
For Sale
$975,000

421 N Lafayette Street, Greenville, MI 48838

COMMERCIAL - Greenville, MI

Property Size21,000 SF
Lot Size2.29 Acres
Price / SF$46.43
Days on Market470

Property Features for 421 N Lafayette Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-2 Zoning
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Parking 47
Elementary school district Greenville
Middle school district Greenville
High school district Greenville
Directions North on M-91 (Lafayette) from Greenville to store on the West side of the road
Subdivision Montcalm County - V
Standard status Active
APN 05270500150
Size 21,000 SF
Lot size 2.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See attached legal description
Tax Annual Amount 15000
Legal Description See attached legal description

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
Listing Agency: EXP Realty (Grand Rapids)
Listed By: Joni McArthur
Added: Apr 18, 2025 Changed: Jul 25 Last Checked: Jul 31 at 7:06AM
MLS# 25016341

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.

Investment Insights

Based on property information with market context.

This versatile commercial building totals 21,000 square feet, combining retail, office, and warehouse components. The property includes 9,440 square feet of retail area, 4,349 square feet of office space, and 7,156 square feet of warehouse space. The warehouse is equipped with eight overhead doors, floor drains, and three heating and air conditioning units. Additional improvements include a rubber roof, a modern security system with fencing, and multiple loading features including a hydraulic loading well.

Located at 421 N Lafayette Street in Greenville, Michigan, the building sits on a main road and is supported by three-phase power. Two paved parking lots provide onsite parking, and the exterior includes professional landscaping.

The property is maintained in excellent condition and is designed for practical day-to-day operations across retail and warehouse uses.

Key Highlights

  • 21,000 SF downtown Greenville retail and commercial building with 9,440 SF retail, 4,349 SF office, and 7,156 SF warehouse
  • Warehouse includes eight overhead doors, floor drains, and loading docks with a hydraulic loading well
  • Three heating and air conditioning units plus central air for the warehouse and office areas

Property Analytics

Current Use

Five Point Holdings Holding Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon HVAC Service Electrical Service

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
Heavy power
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48838, MI

18,801
Population
7,461
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
93.1 sq mi
ZIP Area
202
Density / Sq Mi
$66,126
Median Household Income
$36,802
Median Earnings
$910
Median Rent
$190,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Catering Concepts — 107 S Lafayette St, Greenville, MI 48838

Frequently Asked Questions

What type of property is this?
Flex space - Versatile building offering retail, office, and warehouse space with eight overhead doors and a hydraulic loading well.
Where is this flex space located?
The property is located at 421 N Lafayette Street Greenville, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 21,000 SF downtown Greenville retail and commercial building with 9,440 SF retail, 4,349 SF office, and 7,156 SF warehouse; Warehouse includes eight overhead doors, floor drains, and loading docks with a hydraulic loading well; Three heating and air conditioning units plus central air for the warehouse and office areas
More about this property
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