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Grocery Store with Built-In Coolers
For Sale
$139,900

128 S Sterling, Ashley, MI 48806

Commercial, Ashley, MI

Property Size3,800 SF
Lot Size0.12 Acres
Price / SF$36.82
Days on Market335

Property Features for 128 S Sterling

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Exterior features Block
Lot features Inside Lot, Freestanding
Directions Downtown Ashley
Subdivision Gratiot
Standard status Active
Size 3,800 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description M OF LC L 436 P 1032 VILLAGE OF ASHLEY, GRATIOT COUNTY. LOTS 21 & 22.
Tax Annual Amount 2410
Legal Description M OF LC L 436 P 1032 VILLAGE OF ASHLEY, GRATIOT COUNTY. LOTS 21 & 22.

Amenities

built-in coolers and freezers
storage in the back

Building Details

Building materials Block
Roof type Membrane
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License #6506046950
Added: Oct 27, 2025 Changed: Sep 3 Last Checked: Sep 26 at 3:06AM
MLS# 1940004

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,800-square-foot grocery and convenience store building is currently operating as a village market. The interior provides an open retail area arranged with shelving for merchandise, while built-in coolers and freezers support refrigerated and frozen product display. Additional storage is located toward the rear of the building. Block construction and a membrane roof complete the principal improvements.

The property occupies 0.12 acres at 128 S Sterling in Ashley, Michigan, within Gratiot County. Its central village setting places the store in the community of Ashley, which hosts a recurring winter event on weekends during November and December that brings visitors into town by train and automobile.

Key Highlights

  • 3,800‑square‑foot grocery and convenience store building
  • Currently operating as a village market
  • Built‑in coolers and freezers remain in place

Property Analytics

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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.

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Grocery and convenience store - Open retail floor plan includes inventory shelving, refrigeration equipment, and rear storage.
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: 3,800‑square‑foot grocery and convenience store building; Currently operating as a village market; Built‑in coolers and freezers remain in place
More about this property
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