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Retail Building with Greenhouses
For Sale
$249,000

1109 W Cedar Avenue, Gladwin, MI 48624

COM/IND/BUS OPP, Gladwin, MI

Property Size6,466 SF
Lot Size0.56 Acres
Price / SF$38.51
Days on Market282

Property Features for 1109 W Cedar Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Lot features Main Street, Storm Drains, Utilities Above Ground
Subdivision Gladwin (26017)
Standard status Active
Size 6,466 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air
Water source Public

Amenities

2bed 1 bath efficiency apartment
3 greenhouses
2 car garage
large office area
2 walk in coolers
reach in cooler on store floor
3 large decorating spaces/work areas

Building Details

Year built 1953
Roof type Asphalt, Flat
Additional Structures Greenhouse
Listing Agency: Cedar & Crow Realty
Listed By: REBECCA TOMAC · License #6502432255
Added: Dec 10, 2025 Changed: Sep 16 Last Checked: Sep 18 at 6:06AM
MLS# 50195938

Copyright © 2026 Clare Gladwin Board of REALTORS. 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 retail property contains 6,466 square feet of building area and includes a two-bedroom, one-bath apartment. The improvements also feature three greenhouses, a two-car garage, a substantial office area, two walk-in coolers, and a reach-in cooler positioned on the sales floor. Three dedicated decorating and work areas support varied business functions, while the site includes a parking lot and 0.56 acres of land. Central air, public water, and a flat asphalt roof are in place. The building dates to 1953.

Positioned on W Cedar Avenue in Gladwin, the property is next to a fast-food business and has a reported daily traffic count of 10,107 vehicles. The sale includes both the building and the established Lyle's Flowers business, which has served the community for over 70 years.

Key Highlights

  • 6,466‑square‑foot retail building on 0.56 acres
  • Three greenhouses, a two‑car garage, and three decorating or work areas
  • Two walk‑in coolers plus one reach‑in cooler on the store floor

Property Analytics

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Current Use

Lyle's Flowers & Greenhouses (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Plumbing Service Spa & Massage Center (Bike/Boat/Book/etc) Store Daycare Center Gym & Fitness Center Florist

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

10,107 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 48624, MI

15,739
Population
11,073
Households
1.4
Avg Household Size
51
Median Age
15%
College-Educated
88%
High-School Grad
341.2 sq mi
ZIP Area
46
Density / Sq Mi
$55,415
Median Household Income
$35,481
Median Earnings
$689
Median Rent
$154,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Retail space - The property combines customer-facing retail space with work areas, cooling facilities, an apartment, and onsite parking.
Where is this retail space located?
The property is located at 1109 W Cedar Avenue Gladwin, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 6,466‑square‑foot retail building on 0.56 acres; Three greenhouses, a two‑car garage, and three decorating or work areas; Two walk‑in coolers plus one reach‑in cooler on the store floor
More about this property
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