Retail Storefront with Large
134 W Main Street Midland, MI 48640
134 W Main Street, Midland, MI, 48640
$309,900
For Sale
$309,900
COMMERCIAL - Midland, MI
Property Size1,000 SF
Lot Size0.03 Acres
Price / SF$309.90
Days on Market239
Property Features for 134 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 180-141-650-552-00
- Size
- 1,000 SF
- Lot size
- 0.03 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1900
Listing Agency
Century 21 Signature Realty Midland
(989) 837-2100
409 Ashman Suite #3, Saginaw, MI
Listed by
Jennifer Slavik · License #6501433519
(734) 260-3013
Added: Nov 24, 2025 Updated: Jun 12 at 10:41 am Checked: Jul 21 at 6:06 am
MLS# 50194972
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale retail storefront at 134 W. Main Street features large storefront windows and a flexible interior layout designed to support a range of street-facing concepts. With approximately 1,000 square feet of space, the room configuration can be adapted for retail, dining, or a mixed-use approach, depending on how an operator wants to program the frontage and interior flow.
The property is positioned directly on Main Street in downtown Midland. It is adjacent to The Commons, described as a two-block pedestrian plaza that becomes an active gathering place during warmer months, with dining patios, live music, games, and community events. The listing also notes pedestrian traffic benefits from being steps from the Tridge, a three-way wooden pedestrian bridge spanning the Chippewa and Tittabawassee Rivers.
For tenants, buyers, or operators seeking a visible street-level presence, the combination of large storefront glazing and a location embedded in a walkable downtown core aligns well with uses such as boutique retail, local artisan or experiential concepts, or a full-service food and beverage establishment. The flexible interior supports tailoring the space to the customer experience you intend to create at the street.
The property is positioned directly on Main Street in downtown Midland. It is adjacent to The Commons, described as a two-block pedestrian plaza that becomes an active gathering place during warmer months, with dining patios, live music, games, and community events. The listing also notes pedestrian traffic benefits from being steps from the Tridge, a three-way wooden pedestrian bridge spanning the Chippewa and Tittabawassee Rivers.
For tenants, buyers, or operators seeking a visible street-level presence, the combination of large storefront glazing and a location embedded in a walkable downtown core aligns well with uses such as boutique retail, local artisan or experiential concepts, or a full-service food and beverage establishment. The flexible interior supports tailoring the space to the customer experience you intend to create at the street.
Key Highlights
- Directly on W. Main Street in downtown Midland with storefront windows and pedestrian‑oriented frontage
- Large storefront windows and a flexible interior layout adaptable to dining, retail, or mixed‑use concepts
- Adjacent to The Commons, a two‑block pedestrian plaza with dining patios, live music, games, and community events
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.5k | $15.48 |
| − Vacancy | −$2.1k | −$2.14 |
| EGI | $13.3k | $13.34 |
| − OpEx | −$3.3k | −$3.34 |
| NOI | $10.0k | $10.01 |
1,000 SF · lease $15.48/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$143.0K
$125.1K – $166.8K
NOI $10,008 @ 7.0% cap · market cap 3.23%
Second Best
Retail
$98.5K
$86.2K – $114.9K
NOI $6,896 @ 7.0% cap · market cap 2.23%
Theoretical Best
Flex RnD
$180.5K
$157.9K – $210.6K
NOI $12,634 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Craft Hemp Company
Alternative Medicine Practice
Amazing Deli
Food Market
Similar For Sale Nearby
Similar Off Market Nearby
- Lapelle's Flowers & Gifts — 1605 Bookness St, Midland, MI 48640
FAQs
What type of property is this?
Storefront property - Downtown storefront on Main Street with large windows and a flexible interior suited to retail or dining use.
Where is this storefront property located?
The property is located at 134 W Main Street Midland, MI.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Directly on W. Main Street in downtown Midland with storefront windows and pedestrian‑oriented frontage; Large storefront windows and a flexible interior layout adaptable to dining, retail, or mixed‑use concepts; Adjacent to The Commons, a two‑block pedestrian plaza with dining patios, live music, games, and community events
