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Office Space in Douglas Village
For Lease
$13 SF/Yr
Pending

415 Wiley Rd 1, Douglas, MI 49406

3000 SF office space with private offices and parking.

Space SizeContact for details
Lot Size7.80 Acres
Days on Market165

Property Features for 415 Wiley Rd 1

General Information

Standard status Pending
Lot size 7.80 Acres
Property subtype Commercial

Building Details

Year Built 1954
Units 2
Listing Agency: Coldwell Banker Schmidt Family Of Companies
Listed By: The Jim and Bernie Team · License #6501212845
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:46AM

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 Coldwell Banker Schmidt Family Of Companies

Investment Insights

Based on property information with market context.

This 3000 SF office space is located in the City of the Village of Douglas, at the corner of Blue Star Highway and Wiley Road. The space includes up to 6 private offices or treatment rooms, a reception area, and a large open space suitable for multiple uses. It also features a private staff bathroom, along with 2 additional restrooms. Ample parking is available. The lease term is 36-60 months. The property is suitable for office or treatment room use.

Key Highlights

  • Prime office space in the City of the Village of Douglas.
  • 3000 SF space with flexible layout.
  • Up to 6 private offices/treatment rooms.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Carpet & Flooring Store Pharmacy Building Supply Kitchen & Bath Showroom Nail Salon (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby

Demographics for 49406, MI

1,031
Population
921
Households
1.1
Avg Household Size
60
Median Age
66%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
687
Density / Sq Mi
$95,417
Median Household Income
$78,333
Median Earnings
$470,500
Median Home Value

Market

Lease Benchmarks for Douglas, MI

$13.08 /SF/Yr
Avg Asking Price
$13–$13.32 /SF/Yr
Price Range
18,120 SF
Avg Space Size

This space is priced 1% below the average of $13.08 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 3000 SF office space with private offices and parking.
Where is this office units located?
The property is located at 415 Wiley Rd 1 Douglas, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Prime office space in the City of the Village of Douglas.; 3000 SF space with flexible layout.; Up to 6 private offices/treatment rooms.
More about this property
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