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Former Grocery and Triplex Building
For Sale
Contact for pricing
Pending

1111 Round Lake, White Lake, MI 48386

Former grocery building sits on 3.64 acres and includes three residential units that are currently boarded up.

Property Size21,058 SF
Lot Size3.64 Acres
Days on Market134

Property Features for 1111 Round Lake

General Information

Standard status Pending
Size 21,058 SF
Lot size 3.64 Acres
Property subtype Retail, Multifamily

Additional Details

Multifamily Units 3
Listing Agency: KW Commercial Commerce
Listed By: Randy Wilcox · License #MI 6501204787
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 22 at 11:56AM

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 KW Commercial Commerce

Investment Insights

Based on property information with market context.

The property is a 21,058-square-foot former grocery building known as “Ron’s Grocery.” The building also includes three residential rental units, which are currently boarded up. Some coolers and equipment are located inside the building, but their serviceability is not known. The existing structure would require severe renovation, though the building and/or site may offer redevelopment potential.

The land value is the primary consideration for this offering, totaling 3.64 acres. The property is located at the intersection of Round Lake Road and Cedar Island Road.

Prospective buyers should plan for significant interior work given the boarded-up residential units and the need for severe renovation to repurpose the improvements.

Key Highlights

  • Former Ron's Grocery building on 3.64 acres at Round Lake Road and Cedar Island Road
  • Building totals 21,058 SF
  • Includes 3 residential rental units (currently boarded up)

Property Analytics

Current Use

Cardtronics ATM Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48386, MI

17,904
Population
7,680
Households
2.3
Avg Household Size
45
Median Age
33%
College-Educated
94%
High-School Grad
16.8 sq mi
ZIP Area
1,066
Density / Sq Mi
$90,805
Median Household Income
$49,063
Median Earnings
$1,480
Median Rent
$295,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former grocery building sits on 3.64 acres and includes three residential units that are currently boarded up.
Where is this grocery and convenience store located?
The property is located at 1111 Round Lake White Lake, MI.
What are key features of this property?
This property features: Former Ron's Grocery building on 3.64 acres at Round Lake Road and Cedar Island Road; Building totals 21,058 SF; Includes 3 residential rental units (currently boarded up)
More about this property
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