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Two Commercial Buildings with Acreage
For Sale
$500,000

11616 NW Monroe Rd, Riverdale, MI 48877

Two commercial buildings on 3.15 acres with finished space.

Property Size11,000 SF
Lot Size3.15 Acres
Price / SF$45.45
Days on Market106

Property Features for 11616 NW Monroe Rd

General Information

Standard status Active
Size 11,000 SF
Lot size 3.15 Acres
Property subtype Commercial

Building Details

Year Built 2015
Listing Agency: CENTURY 21 SIGNATURE - Mt. Pleasant
Listed By: James Parsons
Source: Elliman
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 4 at 4:26AM

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 CENTURY 21 SIGNATURE - Mt. Pleasant

Investment Insights

Based on property information with market context.

This property features two commercial buildings with over 11,000 square feet of finished space, situated on 3.15 acres. The site includes a pond and paved parking. Both buildings are equipped with overhead doors, kitchenettes, bathrooms, central air conditioning, heating, security cameras, and backup generators.

Key Highlights

  • Over 11,000 sq ft of finished space offers endless opportunities.
  • Includes 2 commercial buildings on 3.15 acres.
  • Features paved parking and a pond.

Property Analytics

Current Use

How Smooth It ... (Bike/Boat/Book/etc) Store Rustic Creations Furniture & Home Goods

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Electronics & Wireless Store Department 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

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48877, MI

2,300
Population
1,051
Households
2.2
Avg Household Size
43
Median Age
10%
College-Educated
87%
High-School Grad
36.9 sq mi
ZIP Area
62
Density / Sq Mi
$57,222
Median Household Income
$29,583
Median Earnings
$637
Median Rent
$107,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two commercial buildings on 3.15 acres with finished space.
Where is this flex space located?
The property is located at 11616 NW Monroe Rd Riverdale, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Over 11,000 sq ft of finished space offers endless opportunities.; Includes 2 commercial buildings on 3.15 acres.; Features paved parking and a pond.
More about this property
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