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Retail Center with Pylon Sign
For Lease
$6.50 SF/Yr

422-490 Marshall Street, Coldwater, MI 49036

Multi-suite shopping center offering immediate occupancy, prominent tenant identification, and direct access from Marshall Street.

Space SizeContact for details
Property Size132,629 SF
Lot Size10.03 Acres
Days on Market1874

Property Features for 422-490 Marshall Street

General Information

Standard status Active
Size 132,629 SF
Lot size 10.03 Acres
Property subtype Retail
Zoning C1
Lease Type NNN

Space & Availability

Space Use Retail
Available From Immediate

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Subway, Sherwin Williams, Hungry Howie's, Children's Museum, Dance Factory, Select Health, LinCare
Road Access Yes

Amenities

Power
Water
Sewer

Building Details

Year Built 1960
Building Size 132,629 SF
Tenancy Multi

Spaces For Lease

at 422-490 Marshall Street Contact us

Available Space $8/Mo

Contact us

Available Space $6.50/Mo

Contact us
Listing Agency: NAI Wisinski of West Michigan
Listed By: Kara Schroer · License #6501373674
Source: Carwm.resimplifi
Added: Jul 14, 2021 Changed: Aug 29 Last Checked: Aug 29 at 7:13PM

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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

This 132,629-square-foot shopping center occupies 10.03 acres and provides a range of retail suites for immediate occupancy. The property includes a prominent pylon sign for tenant and center identification, along with C1 zoning and a building constructed in 1960.

Access is provided from Marshall Street, also identified as Old US Hwy 27, with ingress and egress serving the center. The property is positioned south of State Street in Coldwater, Michigan, and includes a mix of national and local retail providers. Existing uses represented at the center include food service, health-related services, personal services, cultural programming, and other retail operations.

Key Highlights

  • 132,629 SF retail center on 10.03 acres
  • Multiple suite sizes available for immediate occupancy
  • C1 zoning

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Skin Care Clinic Garden 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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 73% Dining 24% Home Improvements & Furnishings 3%
Shell Shops & Services
9,722 visits/mo 0.2 miles
Family Dollar Shops & Services
6,130 visits/mo 0.0 miles
SUBWAY Dining
3,025 visits/mo 0.1 miles
Hungry Howie's Pizza Dining
2,183 visits/mo 0.1 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
714 visits/mo 0.1 miles

Demographics for 49036, MI

24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value

Market

Lease Benchmarks for Coldwater, MI

$7.58 /SF/Yr
Avg Asking Price
$6–$8 /SF/Yr
Price Range
94,194 SF
Avg Space Size

This space is priced 14% below the average of $7.58 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-suite shopping center offering immediate occupancy, prominent tenant identification, and direct access from Marshall Street.
Where is this shopping center located?
The property is located at 422-490 Marshall Street Coldwater, MI.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: 132,629 SF retail center on 10.03 acres; Multiple suite sizes available for immediate occupancy; C1 zoning
More about this property
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