Mixed-Use Retail and Office
For Sale
$329,000
115 N Shiawassee St, Corunna, MI 48817
Main floor retail/office space is available, with eight on-site parking spaces and two occupied rental apartments.
Property Size4,800 SF
Price / SF$68.54
Days on Market272
Property Features for 115 N Shiawassee St
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Retail
Building Details
Building Size
4,800 SF
Listing Agency:
NAI Farbman
Listed By:
Brad Margolis · License #6501371948
(248) 351-4367
Source:
Cpix.resimplifi
Added: Dec 9, 2025
Changed: Sep 3
Last Checked: Jul 23 at 3:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman
Investment Insights
Based on property information with market context.
This mixed-use property offers main floor retail/office space that is currently available for lease, along with two leased 2-bedroom apartments on the property. The main floor space is listed at 2,500 SF, and the main floor rent is stated as $3,500 per month gross plus utilities. Both apartments are currently occupied.
The property includes eight on-site parking spaces, with additional parking available at an adjacent free community lot. The site is positioned along Corunna’s main retail corridor, with Save-A-Lot identified as a shadow anchor in the surrounding retail area.
The apartments are leased at $975 per month plus gas and electric for Apartment 1, and $870 per month plus gas and electric (with water) for Apartment 2, for combined monthly rent stated at $1,915 plus utilities.
The property includes eight on-site parking spaces, with additional parking available at an adjacent free community lot. The site is positioned along Corunna’s main retail corridor, with Save-A-Lot identified as a shadow anchor in the surrounding retail area.
The apartments are leased at $975 per month plus gas and electric for Apartment 1, and $870 per month plus gas and electric (with water) for Apartment 2, for combined monthly rent stated at $1,915 plus utilities.
Key Highlights
- Main floor retail/office space available for lease: 2,500 SF
- Asking price: $329,000; main floor space listed at $3,500/month gross plus utilities
- Two leased 2‑bedroom apartments are occupied: $975/month + gas & electric and $870/month + gas & electric (water included)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 48817, MI
5,714
Population
2,513
Households
2.3
Avg Household Size
45
Median Age
16%
College-Educated
96%
High-School Grad
58.9 sq mi
ZIP Area
97
Density / Sq Mi
$57,468
Median Household Income
$39,300
Median Earnings
$879
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Main floor retail/office space is available, with eight on-site parking spaces and two occupied rental apartments.
Where is this retail space located?
The property is located at 115 N Shiawassee St Corunna, MI.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Main floor retail/office space available for lease: 2,500 SF; Asking price: $329,000; main floor space listed at $3,500/month gross plus utilities; Two leased 2‑bedroom apartments are occupied: $975/month + gas & electric and $870/month + gas & electric (water included)
