Search
Former Bank Retail Office Building
For Sale
Under Contract
$70,000

104 S Main Street, Waldron, MI 49288

COMMERCIAL - Waldron, MI

Property Size4,242 SF
Lot Size0.12 Acres
Price / SF$16.50
Days on Market93

Property Features for 104 S Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description 201-Commerical
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bathroom 1
Parking 6
Elementary school district Waldron Area
Middle school district Waldron Area
High school district Waldron Area
Directions In Michigan: US 12 to Waldron Rd to Main St. Park in rear or building which is near West St. Coming from Ohio: Route 20 to US 127/Meridian to Broom/Church to Main.
Standard status Active Under Contract
APN 17-065-001-177
Size 4,242 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COM SE COR LOT 89 TH W ALG LOT LN 88 FT TH N 20 FT TH E PAR TO SD LOT LN 88 FT TH S 20 FT TO POB ALSO COM NE COR LOT 88
Tax Annual Amount 3439
Legal Description COM SE COR LOT 89 TH W ALG LOT LN 88 FT TH N 20 FT TH E PAR TO SD LOT LN 88 FT TH S 20 FT TO POB ALSO COM NE COR LOT 88

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Amenities

private offices
employee breakroom
two bathrooms
attached 3-car garage
fully functional basement
original vault
teller line

Building Details

Year built 1999
Number of units 1
Building materials Vinyl Siding, Brick
Listing Agency: Five Star Real Estate
Listed By: TIMOTHY CREECH · License #6501373671
Added: May 21 Changed: Aug 13 Last Checked: Aug 21 at 2:06PM
MLS# 26023963

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 former bank building offers a multi-use layout with front retail space plus multiple private offices, an employee breakroom, and two bathrooms. Additional features include an attached 3-car garage and a fully functional basement that can support storage needs.

The property is located at 104 S Main Street in Waldron, Michigan, in Hillsdale County. Public remarks note the building is close to the Ohio border and just minutes from US 127.

A quality addition was completed in 1999. The original vault and teller line remain, preserving distinctive historical elements within the usable commercial interior.

Key Highlights

  • Exceptionally low price per square foot (under $30) offers an affordable opportunity.
  • Multi‑use setup with retail space, private offices, breakroom, and bathrooms.
  • Attached 3‑car garage and functional basement provide ample storage space.

Property Analytics

Current Use

E. D. Rutledge ... Insurance Agency

Suggested Use

Top Pick Auto Repair Shop Storage Facility Grocery & Convenience Store Hair Salon Nail Salon Daycare Center

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
Highway access

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49288, MI

1,305
Population
639
Households
2
Avg Household Size
40
Median Age
12%
College-Educated
91%
High-School Grad
37.8 sq mi
ZIP Area
35
Density / Sq Mi
$55,903
Median Household Income
$31,090
Median Earnings
$889
Median Rent
$131,800
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-use building features front retail space, multiple private offices, and a former bank vault.
Where is this storefront property located?
The property is located at 104 S Main Street Waldron, MI.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Exceptionally low price per square foot (under $30) offers an affordable opportunity.; Multi‑use setup with retail space, private offices, breakroom, and bathrooms.; Attached 3‑car garage and functional basement provide ample storage space.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message