Convenience Store
For Sale
$399,900
17176 W Spring Lake Road, Spring Lake, MI 49456
Commercial Sale, Spring Lake, MI
Property Size1,738 SF
Lot Size0.10 Acres
Price / SF$230.09
Days on Market92
Property Features for 17176 W Spring Lake Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
RG - 1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Grand Haven
Middle school district
Grand Haven
High school district
Grand Haven
Directions
US-31 north to Exit 104B towards Ferrysburg; Turn Right onto 3rd Street; Left onto Pine Street; Continue straight onto W Spring Lake Road to address.
Standard status
Active
APN
70-03-15-103-002
Size
1,738 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
W 85.7 FT LOT 21 BLK 3 SUNNYSIDE PLAT
Tax Annual Amount
4022
Legal Description
W 85.7 FT LOT 21 BLK 3 SUNNYSIDE PLAT
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1946
Number of units
1
Building materials
Wood Siding
Listing Agency:
RE/MAX Lakeshore · RE/MAX International
(616) 396-1400
Listed By:
Leslie Baker · License #6502416607
(616) 218-0650
Added: Jul 13
Changed: Oct 8
Last Checked: Oct 12 at 10:06AM
MLS# 26035701
Copyright © 2026 Michigan Regional Information Center, LLC. 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 commercial property includes a 1,738-square-foot building on 0.1 acres. Constructed in 1946, the building has wood siding, forced-air heating, central air conditioning, and one bathroom. The property is classified within the grocery and convenience store category.
Located at 17176 W Spring Lake Road in Spring Lake, Michigan, the site carries RG-1 zoning. Commercial use may continue despite the zoning designation, providing an established framework for continued commercial occupancy. The property is situated in Ottawa County and is identified by postal code 49456.
Located at 17176 W Spring Lake Road in Spring Lake, Michigan, the site carries RG-1 zoning. Commercial use may continue despite the zoning designation, providing an established framework for continued commercial occupancy. The property is situated in Ottawa County and is identified by postal code 49456.
Key Highlights
- 1,738‑square‑foot building on a 0.1‑acre parcel
- RG‑1 zoning with commercial use able to continue
- Built in 1946 with wood siding construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,331
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,620
$386.6K
Cap Rate 7%
$276,157
$276.2K
Cap Rate 9%
$214,789
$214.8K
Market Conditions
NOI Build-Up for 1,738 SF
Gross rent
$26.9K $15.48/SF
− Vacancy
−$1.1K −$0.65/SF
EGI
$25.8K $14.83/SF
− OpEx
−$6.4K −$3.71/SF
NOI
$19.3K $11.12/SF
Area
Ottawa County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,620
Cap Rate 7%
$276,157
Cap Rate 9%
$214,789
Alternative Uses
Best Use
Specialty Retail
$276.2K
$241.6K – $322.2K
NOI $19,331 @ 7.0% cap · market cap 4.83%
Second Best
Retail
$257.7K
$225.5K – $300.7K
NOI $18,042 @ 7.0% cap · market cap 4.51%
Theoretical Best
Multifamily LT 5
$21.61M
$18.91M – $25.21M
NOI $1,512,875 @ 7.0% cap · market cap 378.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49456, MI
19,727
Population
9,776
Households
2
Avg Household Size
45
Median Age
47%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
780
Density / Sq Mi
$85,807
Median Household Income
$50,887
Median Earnings
$1,184
Median Rent
$294,500
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
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 - RG-1-zoned commercial property with existing building improvements and central air conditioning.
Where is this grocery and convenience store located?
The property is located at 17176 W Spring Lake Road Spring Lake, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,738‑square‑foot building on a 0.1‑acre parcel; RG‑1 zoning with commercial use able to continue; Built in 1946 with wood siding construction
