Search
Convenience Store with Event Space
New
For Sale
$799,900

145 Riley Street, Dundee, MI 48131

Dundee, MI

Property Size1,674 SF
Lot Size0.03 Acres
Price / SF$477.84
Days on Market6

Property Features for 145 Riley Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial,Mixed Use
Zoning description Commercial, Mixed Use
Interior features Cafe/Kitchen, Elevator(s), Meeting Rooms, Private Restrooms, Vinyl/Laminate Floors
Accessibility Accessible Elevator Installed
Subdivision Original Village Of Dundee
Lot features Main Street, Downtown Dev Authority
Standard status Active
Size 1,674 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 5698

Utilities

Water source Public

Amenities

ample parking
elevator access
event and meeting space

Building Details

Year built 1890
Listing Agency: Key Realty One LLC - S. Dixie
Listed By: Theresa Barton · License #6501328287
Added: Oct 9 Changed: Oct 12 Last Checked: Oct 14 at 5:06PM
MLS# 50224467

Copyright © 2026 Southeastern Border Association of REALTORS®. 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.

At 145 Riley Street, this 1,674-square-foot grocery and convenience property combines retail space with a third-floor area for meetings and events. The building dates to 1890 and includes a cafe/kitchen, private restrooms, vinyl and laminate flooring, and elevator access. The business offers beer, wine, groceries, sandwiches, prepared pasta meals, and specialty foods.

The property occupies a 0.03-acre site in downtown Dundee, near the River Raisin. Parking is available behind the building, and the zoning is designated Commercial, Mixed Use. Public water serves the property.

Key Highlights

  • 1,674‑square‑foot grocery and convenience property on a 0.03‑acre site
  • Third‑floor meeting and event space with elevator access
  • Cafe/kitchen, meeting rooms, private restrooms, and vinyl/laminate floors

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Riverside Deli Food Market Alpha Wireless Mobile Phone Store Radio Shack Dundee Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Electrical Service Nail Salon Bakery (Bike/Boat/Book/etc) Store Barber 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48131, MI

8,126
Population
3,838
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
162
Density / Sq Mi
$81,386
Median Household Income
$47,535
Median Earnings
$1,112
Median Rent
$246,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A third-floor meeting and gathering venue complements the street-level food and convenience retail operation.
Where is this grocery and convenience store located?
The property is located at 145 Riley Street Dundee, MI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1,674‑square‑foot grocery and convenience property on a 0.03‑acre site; Third‑floor meeting and event space with elevator access; Cafe/kitchen, meeting rooms, private restrooms, and vinyl/laminate floors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again