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Versatile Retail and Commercial Building
For Sale
$975,000

421 N Lafayette Street, Greenville, MI 48838

21,000 sq. ft. retail, office, and warehouse space.

Property Size21,000 SF
Price / SF$46.43
Days on Market526

Property Features for 421 N Lafayette Street

General Information

Standard status Active
Size 21,000 SF
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $15,000

Building Details

Year Built 1997
Listing Agency: EXP Realty (Grand Rapids)
Listed By: Joni McArthur · License #6501389679
Source: Exitrealty
Added: Apr 19, 2025 Changed: Sep 17 Last Checked: Aug 25 at 8:26AM

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 EXP Realty (Grand Rapids)

Investment Insights

Based on property information with market context.

This 21,000 sq. ft. commercial building is located in downtown Greenville. It includes a 9,440 sq. ft. retail area, a 4,349 sq. ft. office space, and a 7,156 sq. ft. warehouse. The warehouse is equipped with eight overhead doors, floor drains, and three heating and air conditioning units. The building features a rubber roof and a modern security system with fencing. Ample loading docks, including a hydraulic loading well, are available. The property is situated on a main road with high visibility and three-phase power. It also includes two paved parking lots and professional landscaping. The property is maintained in excellent condition. This location offers the infrastructure and convenience to support a variety of business needs.

Key Highlights

  • 21,000 sq. ft. retail and commercial building in downtown Greenville.
  • Features 9,440 sq. ft. retail area, 4,349 sq. ft. office space, and 7,156 sq. ft. warehouse.
  • Warehouse equipped with eight overhead doors, floor drains, and three HVAC units.**

Property Analytics

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Current Use

Five Point Holdings Holding Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon HVAC Service Auto Parts 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

456
Businesses Nearby

Demographics for 48838, MI

18,801
Population
7,461
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
93.1 sq mi
ZIP Area
202
Density / Sq Mi
$66,126
Median Household Income
$36,802
Median Earnings
$910
Median Rent
$190,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 21,000 sq. ft. retail, office, and warehouse space.
Where is this retail space located?
The property is located at 421 N Lafayette Street Greenville, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 21,000 sq. ft. retail and commercial building in downtown Greenville.; Features 9,440 sq. ft. retail area, 4,349 sq. ft. office space, and 7,156 sq. ft. warehouse.; Warehouse equipped with eight overhead doors, floor drains, and three HVAC units.**
More about this property
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