Building Details

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Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Marshall c***@gmail.com Show Phone

Listed By: Carole Shapiro · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:00AM

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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 Michigan Real Estate Marshall

Investment Insights

Based on property information with market context.

This retail property includes a 7,569-square-foot building currently identified with hardware store use. The offering combines an operating commercial setting with an existing structure for a buyer seeking a retail-oriented property and business opportunity.

The building is located at 116 N Main St in Olivet, Michigan, a small college town. The available information identifies the property as retail space and does not provide additional details on layout, condition, parking, zoning, or equipment.

Key Highlights

• 7,569‑square‑foot retail building
• Currently identified with hardware store use
• Located in Olivet, Michigan, a small college town

Property Analytics

Property Profile

Current Use

Mary's Hair Care Hair Salon U-Haul Neighborhood Dealer Car Rental Facility Olivet Hardware Building Supply Relax & Breathe Massage Alternative Medicine Practice Olivet Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Dental Office Storage Facility Plumbing Service

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

125

Businesses Nearby

12k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Family Dollar Shops & Services

5,179 visits/mo 0.1 miles

Dollar General Shops & Services

4,985 visits/mo 0.4 miles

Olivet Hardware Shops & Services

1,925 visits/mo 0.1 miles

Demographics for 49076, MI

4,445

Population

1,544

Households

2.9

Avg Household Size

34

Median Age

23%

College-Educated

92%

High-School Grad

57.1 sq mi

ZIP Area

78

Density / Sq Mi

$67,614

Median Household Income

$27,017

Median Earnings

$904

Median Rent

$185,800

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

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Frequently Asked Questions

What type of property is this?

Retail space - Established retail building in a small college town, suited to continued hardware-oriented commercial use.

Where is this retail space located?

The property is located at 116 N Main St Olivet, MI.

What are key features of this property?

This property features: 7,569‑square‑foot retail building; Currently identified with hardware store use; Located in Olivet, Michigan, a small college town