Flexible Storefront
For Sale
$1,500,000
1450 W Main St, Lowell, MI 49331
C3 zoning and an open interior support retail, service, office, or light commercial occupancy.
Property Size6,500 SF
Lot Size1.61 Acres
Price / SF$230.77
Days on Market23
Property Features for 1450 W Main St
General Information
Standard status
Active
Size
6,500 SF
Lot size
1.61 Acres
Property subtype
Retail
Zoning
C3
Site & Location
Traffic Count
14,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Land
Land Use
commercial, cannabis
Entitled
Yes
Building Details
Buildings
1
Listing Agency:
Keller Williams GR East - Commercial
Listed By:
Jason Carpenter · License #6502430921
(616) 334-2630
Source:
Carwm.resimplifi
Added: Oct 7
Changed: Oct 26
Last Checked: Oct 28 at 4:44AM
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 Keller Williams GR East - Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,500-square-foot commercial building occupies a 1.61-acre parcel and has an open interior with support space. The property is zoned C3 and approved for cannabis production and sales. Its former uses included car sales and auto parts retail. On-site parking is available, with additional land for outdoor storage or display and potential expansion.
The site fronts the West Main Street corridor, identified as M-21, in Lowell. It is minutes from downtown Lowell and the US-131 interchange. The corridor carries a reported daily traffic count of 14,000, based on MDOT 2026 data.
The site fronts the West Main Street corridor, identified as M-21, in Lowell. It is minutes from downtown Lowell and the US-131 interchange. The corridor carries a reported daily traffic count of 14,000, based on MDOT 2026 data.
Key Highlights
- 6,500‑square‑foot building on a 1.61‑acre parcel
- C3 zoning; approved for cannabis production and sales
- Open floor plan with support space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,476
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,520
$1.3M
Cap Rate 7%
$963,943
$963.9K
Cap Rate 9%
$749,733
$749.7K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$100.6K $15.48/SF
− Vacancy
−$4.2K −$0.65/SF
EGI
$96.4K $14.83/SF
− OpEx
−$28.9K −$4.45/SF
NOI
$67.5K $10.38/SF
Area
Kent County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,520
Cap Rate 7%
$963,943
Cap Rate 9%
$749,733
Alternative Uses
Best Use
Retail
$963.9K
$843.5K – $1.12M
NOI $67,476 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,380 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
98k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 18%
Home Improvements & Furnishings 16%
Electronics 1%
McDonald's
Dining
20,782 visits/mo
0.1 miles
Culver's
Dining
13,201 visits/mo
0.1 miles
Taco Bell
Dining
10,776 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
9,152 visits/mo
0.4 miles
Speedway
Shops & Services
8,370 visits/mo
0.2 miles
Demographics for 49331, MI
18,023
Population
7,208
Households
2.5
Avg Household Size
40
Median Age
39%
College-Educated
96%
High-School Grad
91.5 sq mi
ZIP Area
197
Density / Sq Mi
$92,443
Median Household Income
$49,286
Median Earnings
$1,109
Median Rent
$293,600
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
Similar Off Market Nearby
- Daisy Floral — 508 W Main St, Lowell, MI 49331
Frequently Asked Questions
What type of property is this?
Storefront property - C3 zoning and an open interior support retail, service, office, or light commercial occupancy.
Where is this storefront property located?
The property is located at 1450 W Main St Lowell, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,500‑square‑foot building on a 1.61‑acre parcel; C3 zoning; approved for cannabis production and sales; Open floor plan with support space
