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Renovated Retail Storefront
For Sale
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1055 28th Street SW, Wyoming, MI 49509

Occupied by H&R Block under a long-standing corporate tenancy with recurring lease renewals.

Property SizeContact for details
Days on Market146

Property Features for 1055 28th Street SW

General Information

Standard status Active
Property subtype Retail
Listing Agency: IEB Real Estate
Listed By: Matthew Wool · License #MI
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:05PM

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 IEB Real Estate

Investment Insights

Based on property information with market context.

This retail storefront is occupied by H&R Block, which has operated at the property for more than 30 years. The tenancy is supported by a corporate guarantee and a history of continuous renewals. Interior improvements and renovations were completed in 2012, followed by installation of new mechanical systems in 2018.

The property fronts 28th Street, identified as a major local thoroughfare, with approximately 30,000 vehicles passing the site each day. Its established retail configuration, documented capital improvements, and enduring occupancy provide a straightforward profile for evaluating the asset.

Key Highlights

  • H&R Block has operated at the property for over 30 years
  • Corporate lease guarantee with continuous renewals
  • Interior renovation and upgrades completed in 2012

Property Analytics

Current Use

H&R Block Tax Preparation

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 27% Electronics 20% Apparel 5%
Family Dollar Shops & Services
10,397 visits/mo 0.5 miles
Little Caesars Pizza Dining
9,860 visits/mo 0.5 miles
Pet Supplies Plus Shops & Services
6,665 visits/mo 0.4 miles
T-Mobile Electronics
6,187 visits/mo 0.4 miles
Lovers Lane Apparel
1,962 visits/mo 0.3 miles

Demographics for 49509, MI

28,340
Population
10,611
Households
2.7
Avg Household Size
34
Median Age
19%
College-Educated
85%
High-School Grad
7.3 sq mi
ZIP Area
3,882
Density / Sq Mi
$64,981
Median Household Income
$38,356
Median Earnings
$983
Median Rent
$183,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Occupied by H&R Block under a long-standing corporate tenancy with recurring lease renewals.
Where is this storefront property located?
The property is located at 1055 28th Street SW Wyoming, MI.
What are key features of this property?
This property features: H&R Block has operated at the property for over 30 years; Corporate lease guarantee with continuous renewals; Interior renovation and upgrades completed in 2012
More about this property
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