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Equipped Spa & Wellness Space
For Lease
$259,000

Tecumseh, MI 49286, Tecumseh, MI 49286

COMMERCIAL - Tecumseh, MI

Space SizeContact for details
Days on Market186

Property Features

General Information

Property type Commercial Lease
Property subtype Retail
Fireplace 1
Elementary school district Tecumseh
Middle school district Tecumseh
High school district Tecumseh
Standard status Active
Size 1,300 SF

Taxes and HOA fees

Tax Description Per Deed
Legal Description Per Deed

Utilities

Utilities Electricity Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1980
Listing Agency: Spieth & Satow Auctions & Real Estate
Listed By: Darin W Spieth · License #6501348697
Added: Feb 26 Changed: Aug 4 Last Checked: Aug 31 at 7:06PM
MLS# 26007040

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Investment Insights

Based on property information with market context.

This 1,300-square-foot spa and wellness space is offered through a lease takeover in Tecumseh, Michigan. Existing equipment remains with the premises, providing a built-out starting point for the next operator. The building dates to 1980 and includes a fireplace.

Comfort systems include forced-air heating and central air conditioning. Electricity is available at the property. The combination of existing equipment and established mechanical systems supports a straightforward transition for a new leaseholder.

Key Highlights

  • 1,300 square feet of spa and wellness space
  • Existing equipment remains with the premises
  • Central Air cooling and Forced Air heating

Property Analytics

Current Use

Spa & wellness properties

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49286, MI

14,991
Population
6,144
Households
2.4
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
58.2 sq mi
ZIP Area
258
Density / Sq Mi
$73,054
Median Household Income
$37,480
Median Earnings
$954
Median Rent
$221,800
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?
Spa & wellness property - The premises include existing equipment, central air, forced-air heating, and a fireplace.
Where is this spa & wellness property located?
The property is located at Tecumseh, MI.
What is the lease rate?
The lease rate is $259,000.
What are key features of this property?
This property features: 1,300 square feet of spa and wellness space; Existing equipment remains with the premises; Central Air cooling and Forced Air heating
More about this property
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