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Retail Condo Units with Finished Suite
New
For Sale
$575,000

1322 W State St, Belding, MI 48809

A four-unit commercial condominium offers roughed-in electrical and plumbing, with utilities available at the site.

Property Size7,920 SF
Price / SF$72.60
Days on Market6

Property Features for 1322 W State St

General Information

Standard status Active
Size 7,920 SF

Additional Details

Utilities to Site Yes

Building Details

Year Built 2005
Listing Agency: Berkshire Hathaway HomeServices Kee Realty
Listed By: Frank Jajou · License #6501440153
Source: Katie-k
Added: Oct 1 Last Checked: Oct 5 at 9:52PM

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 Berkshire Hathaway HomeServices Kee Realty

Investment Insights

Based on property information with market context.

This 7,920-square-foot retail condominium complex contains four units, each with its own tax ID. One 1,980-square-foot unit is finished for occupancy; the remaining three can be finished for lease or use. Electrical and plumbing are roughed in, and utilities are at the site. The property was built in 2005.

The complex is on M-44 at 1322 W State St in Belding, Michigan. Individual units may be purchased separately.

Key Highlights

  • 7,920‑square‑foot retail condominium complex with four units
  • One 1,980‑square‑foot unit is finished for occupancy
  • Three additional units can be finished for lease or use

Property Analytics

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Current Use

BD Enterprises LLP Property Investment Company Premier Contractors and Supply Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 25% Home Improvements & Furnishings 7%
McDonald's Dining
14,905 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
4,540 visits/mo 0.2 miles
SUBWAY Dining
3,051 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
2,045 visits/mo 0.3 miles
Belding Hometown Hardware Home Improvements & Furnishings
1,833 visits/mo 0.3 miles

Demographics for 48809, MI

11,245
Population
4,612
Households
2.4
Avg Household Size
40
Median Age
17%
College-Educated
91%
High-School Grad
80.1 sq mi
ZIP Area
140
Density / Sq Mi
$67,172
Median Household Income
$38,610
Median Earnings
$839
Median Rent
$189,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Rosebud's Nursery and Landscape Center — 1135 W State St, Belding, MI 48809

Frequently Asked Questions

What type of property is this?
Storefront property - A four-unit commercial condominium offers roughed-in electrical and plumbing, with utilities available at the site.
Where is this storefront property located?
The property is located at 1322 W State St Belding, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 7,920‑square‑foot retail condominium complex with four units; One 1,980‑square‑foot unit is finished for occupancy; Three additional units can be finished for lease or use
More about this property
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