Building Details

Year built 1950

Roof type Flat

Listing Agency: Pilot Property Group - Residential LLC b***@pilotpg.com Show Phone

Listed By: Alexander Termini · License #6501392648 Show Phone

Added: Sep 29, 2025 Changed: Aug 19 Last Checked: Aug 27 at 11:06PM

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MLS# 50189902

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Investment Insights

Based on property information with market context.

This retail property offers 5,642 square feet within a 0.32-acre parcel at 8875 Dixie Highway in Ira, Michigan. The building dates to 1950 and includes an open interior layout suited to reconfiguration. Existing property details include forced-air heating, a flat roof, and public water service. The space was formerly operated as a liquor market, and the remarks identify potential for a walk-in cooler and drive-through component.

The property is positioned near the water and is described as having local and seasonal activity. Its commercial format can accommodate a range of retail concepts, with buildout flexibility noted in the property information. The location is served by Dixie Highway and carries an Ira, MI 48023 mailing address.

Key Highlights

• 5,642‑square‑foot retail building on a 0.32‑acre parcel
• Drive‑through component identified as a potential future feature
• Open interior layout with flexible buildout potential

Property Analytics

Property Profile

Current Use

ATM Atm

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Hair Salon Electrical Service Plumbing 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

NNN (Triple Net)

Lease Type

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

88

Businesses Nearby

8k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

BP Shops & Services

5,772 visits/mo 0.3 miles

Fifth Third Bank & ATM Shops & Services

2,673 visits/mo 0.0 miles

Demographics for 48023, MI

4,967

Population

2,375

Households

2.1

Avg Household Size

45

Median Age

22%

College-Educated

93%

High-School Grad

17.0 sq mi

ZIP Area

292

Density / Sq Mi

$79,345

Median Household Income

$35,449

Median Earnings

$1,277

Median Rent

$236,600

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 - Open floor space supports flexible retail buildout with forced-air heating and public water service.

Where is this retail space located?

The property is located at 8875 Dixie Highway Ira, MI.

What is the lease rate?

The lease rate is $4,701/Mo.

What are key features of this property?

This property features: 5,642‑square‑foot retail building on a 0.32‑acre parcel; Drive‑through component identified as a potential future feature; Open interior layout with flexible buildout potential