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Retail Space with Pull-Through Bays
For Sale
$129,900

5408 M-37, Baldwin, MI 49304

Commercial Sale, Baldwin, MI

Property Size2,280 SF
Lot Size1.00 Acre
Price / SF$56.97
Days on Market30

Property Features for 5408 M-37

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Elementary school district Baldwin
Middle school district Baldwin
High school district Baldwin
Directions North of Baldwin on M-37 about a mile
Standard status Active
APN 43-034-004-01
Size 2,280 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026
Tax Description Lengthy: Parcel A, 1 Acre. See survey/legal in MLS Documents.
Legal Description Lengthy: Parcel A, 1 Acre. See survey/legal in MLS Documents.

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Water source Well

Building Details

Year built 1998
Number of units 1
Listing Agency: GREENRIDGE Realty Ludington
Listed By: Kyle Kovalcik · License #6501411346
Added: Aug 5 Changed: Aug 26 Last Checked: Sep 3 at 7:06AM
MLS# 26040740

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 retail property provides 2,280 square feet within a 42 x 30 building constructed in 1998. The layout includes two pull-through bay areas, an office, a restroom, and a full basement. A 12 x 16 shed adds storage capacity on the 1-acre parcel.

Located at 5408 M-37 in Baldwin, Michigan, the property has forced-air heating, natural gas available, and a well water source. Lake County offers access to ORV and snowmobile trails along with hunting and fishing areas.

Key Highlights

  • 2,280‑square‑foot retail building on a 1‑acre parcel
  • Two pull‑through bay areas within a 42 x 30 building
  • Full basement, office, and restroom included

Property Analytics

Current Use

Retail space

Lease Details

2
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Save-A-Lot Groceries
5,809 visits/mo 0.3 miles

Demographics for 49304, MI

4,979
Population
5,773
Households
0.9
Avg Household Size
50
Median Age
10%
College-Educated
77%
High-School Grad
113.8 sq mi
ZIP Area
44
Density / Sq Mi
$39,567
Median Household Income
$22,699
Median Earnings
$854
Median Rent
$110,700
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building includes an office, restroom, full basement, and a separate storage shed.
Where is this retail space located?
The property is located at 5408 M-37 Baldwin, MI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 2,280‑square‑foot retail building on a 1‑acre parcel; Two pull‑through bay areas within a 42 x 30 building; Full basement, office, and restroom included
More about this property
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