Storefront Property Near
For Sale
$135,000
100 N Main Street, Munith, MI 49259
Commercial Sale, Munith, MI
Property Size1,500 SF
Lot Size0.22 Acres
Price / SF$90
Days on Market181
Property Features for 100 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
comm
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Elementary school district
Stockbridge
Middle school district
Stockbridge
High school district
Stockbridge
Directions
M106 to Mushbach
Standard status
Active
APN
088-04-13-234-005-00
Size
1,500 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
A PCL OF LD IN THE UNNUMBERED PORTION OF BLOCK 7 DESC AS---COM AT SW COR OF LOT 6 BLK 7 TH S ALG THE E LN OF RAILROAD ST
Tax Annual Amount
2263
Legal Description
A PCL OF LD IN THE UNNUMBERED PORTION OF BLOCK 7 DESC AS---COM AT SW COR OF LOT 6 BLK 7 TH S ALG THE E LN OF RAILROAD ST
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Floors in Building
1
Number of units
1
Building materials
Vinyl Siding, Brick
Roof type
Composition, Rubber
Listing Agency:
Howard Hanna Real Estate
(734) 475-3737
Listed By:
Greg Uihlein · License #6501350985
(734) 905-0990
Added: Apr 9
Changed: Oct 2
Last Checked: Oct 6 at 1:06AM
MLS# 26014580
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 1,500-square-foot storefront property occupies a 0.22-acre site at 100 N Main Street in Munith, Michigan. The building includes a basement and bathroom, with vinyl siding and brick construction, forced-air heating, central air conditioning, and rubber and composition roofing. Water is supplied by a well, sewer service is provided by a septic tank, and propane is listed among the utilities.
The property is positioned along Lakelands Trail State Park, a setting identified for food, dining, cafe, and takeout uses. The surrounding trail environment includes cyclists, walkers, and outdoor enthusiasts during peak seasons. The property comprises parcel IDs 088-04-13-234-005-00, 088-04-13-234-004-00, and 088-04-13-234-006-00.
The property is positioned along Lakelands Trail State Park, a setting identified for food, dining, cafe, and takeout uses. The surrounding trail environment includes cyclists, walkers, and outdoor enthusiasts during peak seasons. The property comprises parcel IDs 088-04-13-234-005-00, 088-04-13-234-004-00, and 088-04-13-234-006-00.
Key Highlights
- 1,500 SF storefront property on a 0.22‑acre site
- Located along Lakelands Trail State Park in Munith, MI
- Building includes a basement and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,345
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,900
$206.9K
Cap Rate 7%
$147,786
$147.8K
Cap Rate 9%
$114,944
$114.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$18.0K $12.00/SF
− Vacancy
−$3.2K −$2.15/SF
EGI
$14.8K $9.85/SF
− OpEx
−$4.4K −$2.96/SF
NOI
$10.3K $6.90/SF
Area
Jackson County, MI
Vacancy
17.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,900
Cap Rate 7%
$147,786
Cap Rate 9%
$114,944
Alternative Uses
Best Use
Specialty Retail
$203.6K
$178.2K – $237.5K
NOI $14,252 @ 7.0% cap · market cap 10.56%
Second Best
Retail
$147.8K
$129.3K – $172.4K
NOI $10,345 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$239.5K
$209.5K – $279.4K
NOI $16,762 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49259, MI
2,594
Population
1,230
Households
2.1
Avg Household Size
45
Median Age
22%
College-Educated
93%
High-School Grad
29.1 sq mi
ZIP Area
89
Density / Sq Mi
$65,375
Median Household Income
$40,268
Median Earnings
$945
Median Rent
$201,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial building with central air, forced-air heat, and a basement.
Where is this storefront property located?
The property is located at 100 N Main Street Munith, MI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1,500 SF storefront property on a 0.22‑acre site; Located along Lakelands Trail State Park in Munith, MI; Building includes a basement and bathroom
