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Two-Storefront Mixed-Use Property
New
For Sale
$134,900

132 W Michigan Avenue, Three Rivers, MI 49093

The building combines customer-facing storefronts with private offices, shared work areas, and a heated garage and shop.

Property Size11,256 SF
Price / SF$11.98
Days on Market6

Property Features for 132 W Michigan Avenue

General Information

Standard status Active
Size 11,256 SF
Total Parking Spaces 30

Additional Details

Utilities to Site Yes
Property Use Professional Offices, Retail, Service-Based Businesses

Taxes and HOA fees

Annual Taxes $3,425

Amenities

conference room
kitchenette
full basement
heated garage/shop
central air
boiler heat
Listing Agency: Real Broker LLC
Listed By: Amanda J Culbertson
Source: Exprealty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 30 at 7:44PM

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 Real Broker LLC

Rey
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Investment Insights

Based on property information with market context.

This 11,256-square-foot mixed-use property at 132 W Michigan Avenue includes two storefronts, private offices, open work areas, a conference room, and a kitchenette. Two half-baths and a full basement provide additional building functions and storage. A heated garage and shop with multiple overhead doors is part of the property, along with approximately 30 parking spaces. Building systems include central air, boiler heat, and public utilities.

The property is in downtown Three Rivers, among businesses, shopping, and dining. Its layout brings retail-facing space, office areas, and garage and shop space together at one address.

Key Highlights

  • 11,256 square feet with two storefronts, private offices, and open work areas
  • Conference room, kitchenette, and two half‑baths
  • Full basement provides additional storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Preferred Insurance Services Insurance Agency Clayton at Preferred Insurance Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 36% Home Improvements & Furnishings 6%
Little Caesars Pizza Dining
4,366 visits/mo 0.2 miles
Pizza Hut Dining
3,272 visits/mo 0.2 miles
Sunoco Shops & Services
3,132 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
2,616 visits/mo 0.3 miles
SUBWAY Dining
1,696 visits/mo 0.3 miles

Demographics for 49093, MI

18,215
Population
8,512
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
105.6 sq mi
ZIP Area
172
Density / Sq Mi
$63,040
Median Household Income
$36,916
Median Earnings
$824
Median Rent
$174,000
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines customer-facing storefronts with private offices, shared work areas, and a heated garage and shop.
Where is this mixed-use property located?
The property is located at 132 W Michigan Avenue Three Rivers, MI.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: 11,256 square feet with two storefronts, private offices, and open work areas; Conference room, kitchenette, and two half‑baths; Full basement provides additional storage
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