108 E Center Street, Ithaca, MI 48847

Built in 1987, this brick downtown commercial building is designed with a distinctive interior “village street” layout and storefront-style suites. The property features attractive common areas and is configured for multiple tenants, with six tenant spaces currently in place. A standard elevator serves all floors, supporting convenient access throughout the building.

Located at 108 E. Center Street in downtown Ithaca, the property provides downtown frontage and benefits from available street parking and nearby municipal parking. The building sits on a 100’ x 165’ lot (approximately 0.38 acres) and is zoned Downtown Commercial. Utilities are landlord paid, which can simplify operating expense management for an owner. Financial information, including rent roll and pro-forma materials, is available in the listing documents.

With the building operating at 100% occupancy, this offering may fit buyers seeking a downtown, multi-tenant investment with a tenant mix that includes office, retail, and service-oriented users. The seller’s pro-forma indicates an approximate 9% pro-forma cap rate, and seller financing or land contract terms may be considered. As always, buyers should verify all property information, square footage, leases, expenses, taxes, zoning, utility arrangements, permitted uses, and pro-forma assumptions.