Building Details

Buildings 1

Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Battle Creek

Listed By: Molly LaBelle · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:29PM

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Investment Insights

Based on property information with market context.

This large building is positioned in the center of the Athens business district at 106 S Capital Avenue. Its prior uses as a pharmacy and hardware store provide established commercial context for the property.

The building is identified for consideration as retail or office space, giving the site flexibility across two commercial categories. Its location within the business district places it among the core commercial activity of Athens, Michigan.

Key Highlights

• Located in the center of the Athens business district
• Prior use as a pharmacy
• Prior use as a hardware store

Property Analytics

Property Profile

Current Use

Lynwood A. Alverson, RPH Pharmacy Bin and Pallet Company ... Discount Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Pharmacy Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

82

Businesses Nearby

Explore this area Business Placement

Demographics for 49011, MI

2,147

Population

1,054

Households

2

Avg Household Size

44

Median Age

13%

College-Educated

94%

High-School Grad

30.3 sq mi

ZIP Area

71

Density / Sq Mi

$54,941

Median Household Income

$46,420

Median Earnings

$933

Median Rent

$140,300

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

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What type of property is this? Where is this retail space located? What is the asking price? 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 - Central business-district property with prior pharmacy and hardware-store use.

Where is this retail space located?

The property is located at 106 S Capital Avenue Athens, MI.

What are key features of this property?

This property features: Located in the center of the Athens business district; Prior use as a pharmacy; Prior use as a hardware store