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Storefront Retail Property
New
For Sale
$89,999

118 W State St, Montrose, MI 48457

Adaptable interior supports retail, office, and professional-service configurations.

Property Size1,800 SF
Price / SF$49
Days on Market6

Property Features for 118 W State St

General Information

Standard status Active
Size 1,800 SF
Listing Agency: Wentworth Real Estate Group
Listed By: Heather Fritzsching
Source: Katie-k
Added: Sep 9 Last Checked: Sep 13 at 12:15PM

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 Wentworth Real Estate Group

Investment Insights

Based on property information with market context.

This 1,800-square-foot storefront at 118 W State Street provides a flexible commercial setting in downtown Montrose. A large front display window brings natural light into the space while presenting the interior to passersby. Removable interior walls allow the layout to be reconfigured for retail, office, professional services, or other business uses described for the property. Select areas feature updated flooring.

The building has received electrical updates in 1991, and the roof has been sealed and maintained annually. Its storefront format and adaptable interior support a range of commercial configurations within the downtown setting.

Key Highlights

  • 1,800‑square‑foot commercial storefront in downtown Montrose
  • Large front display window provides natural light and storefront exposure
  • Removable interior walls allow layout customization

Property Analytics

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Current Use

Acorn & Company (Bike/Boat/Book/etc) Store Raco Comfort Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Grocery & Convenience Store Plumbing Service

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

190
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 34%
McDonald's Dining
17,622 visits/mo 0.3 miles
Mobil Shops & Services
7,506 visits/mo 0.1 miles
Taco Bell Dining
5,991 visits/mo 0.3 miles
Sunoco Shops & Services
4,163 visits/mo 0.3 miles
SUBWAY Dining
2,093 visits/mo 0.5 miles

Demographics for 48457, MI

8,186
Population
3,438
Households
2.4
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
43.0 sq mi
ZIP Area
190
Density / Sq Mi
$64,583
Median Household Income
$32,679
Median Earnings
$864
Median Rent
$164,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Mayn St. Flowers & Gifts, Inc. 287 E State St, Montrose, MI 48457

Frequently Asked Questions

What type of property is this?
Storefront property - Adaptable interior supports retail, office, and professional-service configurations.
Where is this storefront property located?
The property is located at 118 W State St Montrose, MI.
What is the asking price?
The asking price for this property is $89,999.
What are key features of this property?
This property features: 1,800‑square‑foot commercial storefront in downtown Montrose; Large front display window provides natural light and storefront exposure; Removable interior walls allow layout customization
More about this property
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