Building Details

Year Built 1946

Listing Agency: Select Business Agency LLC g***@gmail.com Show Phone

Listed By: Glenn M. Eckert · License #MISPE-6502404797 Show Phone

Source: Elliman

Added: Apr 15 Changed: Aug 26 Last Checked: Aug 30 at 8:13PM

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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 Select Business Agency LLC

Investment Insights

Based on property information with market context.

This retail space is located in a high-traffic downtown area, adjacent to Ken's Country Kitchen. The property features 30 municipal parking spaces in the rear, with street parking available in the front. The space is offered in white box condition, with an annual rate of $8.50 per square foot, modified gross. The owner is willing to perform build-out work depending on the lease terms offered. The location has a Bike Score of 25, indicating it is Somewhat Bikeable, and a Walk Score of 3, indicating it is Car-Dependent.

Key Highlights

• High‑traffic downtown location
• Adjacent to Ken's Country Kitchen
• 30 municipal parking spaces in rear

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Parking Lot & Garage Dental Office Electrical 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.

Lease Details

Modified Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

319

Businesses Nearby

13k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

BP Shops & Services

8,398 visits/mo 0.1 miles

Marathon Shops & Services

2,704 visits/mo 0.1 miles

PNC Bank Shops & Services

1,966 visits/mo 0.1 miles

Demographics for 48062, MI

9,375

Population

3,631

Households

2.6

Avg Household Size

43

Median Age

25%

College-Educated

86%

High-School Grad

39.5 sq mi

ZIP Area

237

Density / Sq Mi

$75,763

Median Household Income

$39,181

Median Earnings

$882

Median Rent

$249,000

Median Home Value

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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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available in a high-traffic downtown location.

Where is this retail space located?

The property is located at 69264 Main St Richmond, MI.

What is the lease rate?

The lease rate is $5,400/Mo.

What are key features of this property?

This property features: High‑traffic downtown location; Adjacent to Ken's Country Kitchen; 30 municipal parking spaces in rear