Building Details

Year built 1900

Building materials Brick

Listing Agency: NAI Wisinski of West Michigan Show Phone

Listed By: Josh Jacobs Show Phone

Added: Jun 26 Changed: Sep 7 Last Checked: Sep 26 at 2:06AM

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MLS# 26032218

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Investment Insights

Based on property information with market context.

This 1,382-square-foot retail space occupies a brick building constructed in 1900. The property includes forced-air heating, a fireplace, and cable availability, offering a period commercial setting for a range of business concepts. The source information identifies restaurant, brew pub, retail, and office uses as potential fits.

The property is situated on Main Street in downtown Watervliet, a walkable district with locally owned shops, cafés, breweries, and family-run restaurants nearby. Free public parking is located next door. The 0.18-acre property places the building within a downtown environment characterized by historic structures, seasonal festivals, public art, and live music events.

Key Highlights

• 1,382‑square‑foot retail space in a brick building constructed in 1900
• Restaurant, brew pub, retail, and office use potential
• Located on Main Street in downtown Watervliet

Property Analytics

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Current Use

Big Budz CBD Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage HVAC Service Auto Repair Shop

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

NNN (Triple Net)

Lease Type

$1.35 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

177

Businesses Nearby

68k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 62% Dining 34% Home Improvements & Furnishings 4%

Casey's Shops & Services

25,670 visits/mo 0.5 miles

Wendy's Dining

12,683 visits/mo 0.4 miles

Taco Bell Dining

10,657 visits/mo 0.5 miles

Dollar Tree Shops & Services

8,769 visits/mo 0.2 miles

Marathon Petroleum Shops & Services

4,035 visits/mo 0.0 miles

Demographics for 49098, MI

5,739

Population

3,032

Households

1.9

Avg Household Size

44

Median Age

21%

College-Educated

88%

High-School Grad

32.6 sq mi

ZIP Area

176

Density / Sq Mi

$56,899

Median Household Income

$30,278

Median Earnings

$1,253

Median Rent

$150,500

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 retail space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Downtown commercial space with restaurant, brew pub, retail, or office use potential and public parking next door.

Where is this retail space located?

The property is located at 131 Main Street Watervliet, MI.

What is the lease rate?

The lease rate is $9 SF/Yr.

What are key features of this property?

This property features: 1,382‑square‑foot retail space in a brick building constructed in 1900; Restaurant, brew pub, retail, and office use potential; Located on Main Street in downtown Watervliet