Building Details

Year Built 1950

Listing Agency: CENTURY 21 LEE-MAC REALTY a***@c21leemac.com Show Phone

Listed By: Adam Vibber · License #6506046950

Source: Metrodetroithomeguide

Added: Jan 18, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:05AM

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Investment Insights

Based on property information with market context.

This operating grocery property in Ashley includes an open sales area arranged with inventory shelving, integrated refrigeration equipment, freezers, and storage space at the rear. The building dates to 1950 and is configured for continued neighborhood retail use.

The property is located at 128 S Sterling in Ashley Village, Michigan. Ashley hosts a recurring winter event on weekends during November and December, drawing visitors to town by train and automobile. The existing business and associated licenses are available with the building, subject to the transaction terms established by the seller.

Key Highlights

• Operating grocery business with established retail setup
• Open sales area with inventory shelving
• Integrated coolers and freezers

Property Analytics

Property Profile

Current Use

Daggett's Grocery Grocery & Convenience Store Ashley Village Party ... Grocery & Convenience Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Garden Center Butcher

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 48806, MI

1,580

Population

734

Households

2.2

Avg Household Size

46

Median Age

14%

College-Educated

92%

High-School Grad

64.3 sq mi

ZIP Area

25

Density / Sq Mi

$58,214

Median Household Income

$36,167

Median Earnings

$968

Median Rent

$145,600

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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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar For Sale Nearby

Village Grocery Retail Building

128 S Sterling, Ashley, MI 48806

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Operating retail building with inventory shelving, rear storage, and established grocery use.

Where is this grocery and convenience store located?

The property is located at 128 S Sterling Ashley, MI.

What is the asking price?

The asking price for this property is $139,900.

What are key features of this property?

This property features: Operating grocery business with established retail setup; Open sales area with inventory shelving; Integrated coolers and freezers