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Downtown Retail Building
For Sale
$1,650,000

125 S Michigan Ave, Big Rapids, MI 49307

Prominent former JCPenney property positioned within a walkable downtown shopping area near Ferris State University.

Property Size20,850 SF
Price / SF$79.14
Days on Market126

Property Features for 125 S Michigan Ave

General Information

Standard status Active
Size 20,850 SF
Property subtype Office
Zoning C-2

Building Details

Year Built 1975
Listing Agency: NAI Wisinski of West Michigan
Listed By: Paul Oosterbaan
Source: Carwm.resimplifi
Added: May 11 Changed: Sep 8 Last Checked: Sep 12 at 5:07AM

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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

This offering presents the former JCPenney building, a prominent downtown retail structure with a total size of approximately 20,000 square feet. The building is configured as a large-format retail asset and is positioned to support a variety of re-tenanting and redevelopment concepts where a substantial retail footprint is needed.

The property is located at 125 S Michigan Ave in downtown Big Rapids, just north of Ferris State University. It sits in the center of the city’s walkable downtown district, providing a highly visible retail presence within an established shopping area.

For tenants, buyers, and investors seeking a substantial retail building in an active downtown setting, the size and location can support multiple leasing strategies. Its position near Ferris State University and within a walkable retail environment may appeal to users looking for storefront-oriented access and a central presence in the community’s retail core.

Key Highlights

  • Former JCPenney building built in 1975
  • 20,000‑square‑foot commercial property
  • Located in downtown Big Rapids within a walkable shopping district

Property Analytics

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Current Use

Huntington Bank Bank Horizon Bank Bank Excel Heating and Cooling ... HVAC Service

Suggested Use

Top Pick Nail Salon HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Food Market Tanning Salon

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

933
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 46% Home Improvements & Furnishings 5%
Taco Bell Dining
19,980 visits/mo 0.4 miles
Wendy's Dining
14,914 visits/mo 0.5 miles
BP Shops & Services
8,484 visits/mo 0.4 miles
Huntington Bank Shops & Services
7,978 visits/mo 0.2 miles
Dollar Tree Shops & Services
6,936 visits/mo 0.2 miles

Demographics for 49307, MI

16,914
Population
7,997
Households
2.1
Avg Household Size
31
Median Age
31%
College-Educated
94%
High-School Grad
134.5 sq mi
ZIP Area
126
Density / Sq Mi
$54,803
Median Household Income
$24,736
Median Earnings
$877
Median Rent
$179,600
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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Frequently Asked Questions

What type of property is this?
Retail space - Prominent former JCPenney property positioned within a walkable downtown shopping area near Ferris State University.
Where is this retail space located?
The property is located at 125 S Michigan Ave Big Rapids, MI.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Former JCPenney building built in 1975; 20,000‑square‑foot commercial property; Located in downtown Big Rapids within a walkable shopping district
More about this property
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