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Village Grocery Retail Building
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 Market299

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.

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: Aug 4 Last Checked: Aug 21 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.

For sale in the Village of Ashley, this nearly 4,000-square-foot retail building is currently operating as the Village Market. The space includes a main open sales area set up with shelving for inventory, with built-in coolers and freezers. Additional storage is located in the back of the building.

The property is positioned in the heart of Ashley at 128 S Sterling. The village hosts a large winter event each November and December on weekends, drawing traffic to town via both train and driving.

The listing notes that the asking price for the current business and licenses is $250,000, with the current asking price stated as building only. The property size is listed as 3,800 square feet (with remarks describing nearly 4,000 square feet).

Key Highlights

  • Nearly 4,000 SF building in the heart of Ashley, currently operating as the Village Market
  • Block exterior construction with a membrane roof
  • Includes built‑in coolers and freezers, plus back storage

Property Analytics

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

Single-tenant
Tenancy

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Nearly 4,000-square-foot storefront operates as a grocery with built-in coolers, freezers, and back 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: Nearly 4,000 SF building in the heart of Ashley, currently operating as the Village Market; Block exterior construction with a membrane roof; Includes built‑in coolers and freezers, plus back storage
More about this property
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