5-Unit Shopping
For Sale
Contact for pricing
1505 Benzie Hwy, Benzonia, MI 49616
Masonry retail center with multiple leased suites, individual entrances, air conditioning, parking, and truck circulation.
Property Size14,400 SF
Days on Market144
Property Features for 1505 Benzie Hwy
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Retail, Office
Amenities
Air conditioning
several individual baths
Attractive Facade
entries to units
lots of parking
traffic pattern for trucks
well designed septic system
Building Details
Construction
masonry
Tenancy
Multi
Listing Agency:
James A. Schmuckal, Realtor
Listed By:
Jim Schmuckal · License #MI
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 8:31PM
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 James A. Schmuckal, Realtor
Investment Insights
Based on property information with market context.
This 5-unit shopping center contains 14,400 square feet in a masonry-built facility designed for multiple commercial occupants. The property includes air conditioning, individual bathrooms, separate suite entrances, a finished exterior facade, on-site parking, and a truck-oriented circulation pattern. A septic system serves the center.
The property is located at 1505 Benzie Highway in Benzonia, Michigan, with visibility from US 31 Highway. Several national tenants occupy the center under intermediate- to long-term leases. One tenant is responsible for 52% of T, I, CAM expenses, adding a defined expense-recovery structure to the existing tenancy.
The property is located at 1505 Benzie Highway in Benzonia, Michigan, with visibility from US 31 Highway. Several national tenants occupy the center under intermediate- to long-term leases. One tenant is responsible for 52% of T, I, CAM expenses, adding a defined expense-recovery structure to the existing tenancy.
Key Highlights
- 5‑unit shopping center totaling 14,400 SF
- Masonry construction with air conditioning and individual bathrooms
- Several national tenants with intermediate- to long‑term leases
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 29%
Home Improvements & Furnishings 25%
Shops & Services 7%
Family Fare
Groceries
14,417 visits/mo
0.2 miles
McDonald's
Dining
13,184 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
7,174 visits/mo
0.3 miles
Nugent Ace Hardware
Home Improvements & Furnishings
4,041 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,143 visits/mo
0.1 miles
Demographics for 49616, MI
2,068
Population
1,096
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
95%
High-School Grad
36.2 sq mi
ZIP Area
57
Density / Sq Mi
$49,224
Median Household Income
$30,846
Median Earnings
$594
Median Rent
$204,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Masonry retail center with multiple leased suites, individual entrances, air conditioning, parking, and truck circulation.
Where is this shopping center located?
The property is located at 1505 Benzie Hwy Benzonia, MI.
What are key features of this property?
This property features: 5‑unit shopping center totaling 14,400 SF; Masonry construction with air conditioning and individual bathrooms; Several national tenants with intermediate- to long‑term leases
