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Mixed-Use Building with Apartments
For Sale
$239,000

124 W Upton Ave, Reed City, MI 49677

The ground floor offers office space, while the upper level includes an existing apartment and a second apartment area for completion.

Property Size4,132 SF
Price / SF$57.84
Days on Market9

Property Features for 124 W Upton Ave

General Information

Standard status Active
Size 4,132 SF
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: Results Real Estate LLC
Listed By: Tricia Wirth · License #6502421377
Source: Findmichiganhomelistings
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 5 at 7:13PM

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 Results Real Estate LLC

Investment Insights

Based on property information with market context.

This 1920 mixed-use property combines a street-level commercial suite with residential space upstairs. The lower unit has five private offices and two bathrooms, with entrances from W Upton Ave and the rear parking lot. Above, one apartment is configured for one to two bedrooms, and a second apartment area remains unfinished. Building updates include a roof installed in 2023 with a 30-year warranty, replacement water and drain/sewer lines, a new furnace, and central air.

At 124 W Upton Ave, the property is in Reed City’s historic downtown business district. Its rental history extends nearly three decades, and the zoning allows multiple uses.

Key Highlights

  • Ground‑floor unit includes 5 private offices and 2 bathrooms
  • Upper level has a 1–2 bedroom apartment and a second apartment area for completion
  • Roof installed in 2023 with a 30‑year warranty

Property Analytics

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Current Use

HearingLife of Reed City ... Physician CareLinc Medical Equipment ... Medical Supply Store Heather Bush Physician

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Storage Facility Skin Care Clinic Big Box & Wholesale Store Real Estate Agency

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

394
Businesses Nearby

Demographics for 49677, MI

6,787
Population
3,452
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
87%
High-School Grad
126.7 sq mi
ZIP Area
54
Density / Sq Mi
$58,829
Median Household Income
$37,421
Median Earnings
$713
Median Rent
$122,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The ground floor offers office space, while the upper level includes an existing apartment and a second apartment area for completion.
Where is this mixed-use property located?
The property is located at 124 W Upton Ave Reed City, MI.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Ground‑floor unit includes 5 private offices and 2 bathrooms; Upper level has a 1–2 bedroom apartment and a second apartment area for completion; Roof installed in 2023 with a 30‑year warranty
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