Listing Agency: Berkshire Hathaway Homeservices Indian River Show Phone

Listed By: Gail Rhine Show Phone

Added: Jul 1, 2025 Changed: Sep 13 Last Checked: Sep 26 at 8:06AM

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MLS# 201835746

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Investment Insights

Based on property information with market context.

This updated mixed-use property at 12909 S Straits Highway includes five units: four commercial spaces at street level and a one-bedroom apartment on the upper floor. Interior and exterior improvements are complemented by professional landscaping and a rear aggregate patio that can support outdoor seating or customer use. The property is fully occupied and includes a parking lot.

The 0.6-acre site is zoned Commercial and located in Wolverine, Michigan, at a prominent intersection. Service infrastructure includes a well, shared septic, and septic tank. Deli equipment may also be available, providing an additional operational feature for an applicable occupant.

Key Highlights

• Five‑unit configuration with four street‑level commercial units and a one‑bedroom apartment
• Updated interior and exterior with professional landscaping
• Rear aggregate patio for outdoor seating or customer use

Property Analytics

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Current Use

Wolverine Cabinet Company Hardware & Home Improvement The Corner Farmacy - NOW ... (Bike/Boat/Book/etc) Store U.S. Inspection & NDT Industrial Consultant

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Daycare Center

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

1

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

Explore this area Business Placement

Demographics for 49799, MI

2,514

Population

1,484

Households

1.7

Avg Household Size

49

Median Age

15%

College-Educated

93%

High-School Grad

118.4 sq mi

ZIP Area

21

Density / Sq Mi

$51,029

Median Household Income

$31,023

Median Earnings

$682

Median Rent

$164,800

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Updated commercial building with street-level units, an upper apartment, and on-site parking.

Where is this mixed-use property located?

The property is located at 12909 S Straits Highway Wolverine, MI.

What is the asking price?

The asking price for this property is $574,000.

What are key features of this property?

This property features: Five‑unit configuration with four street‑level commercial units and a one‑bedroom apartment; Updated interior and exterior with professional landscaping; Rear aggregate patio for outdoor seating or customer use