Building Details

Building Size 4,183 SF

Year Built 9999

Listing Agency: Van Esley Real Estate Inc d***@gmail.com Show Phone

Listed By: David D Misko · License #6501351778 Show Phone

Source: Elliman

Added: May 19 Changed: Aug 8 Last Checked: Jul 3 at 12:46PM

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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 Van Esley Real Estate Inc

Investment Insights

Based on property information with market context.

Up to 4,183 square feet of retail space is available at the corner of US-127 and Main Street in the Village of Addison. The property's zoning is C-1, allowing for various retail uses. It could be suitable for a convenience store, especially with the inclusion of a 28' x 10' walk-in cooler. Other potential uses include a laundromat or a carry-out restaurant. The property also features an upstairs area that could be used as a residence by an owner-user. The location has a walk score of 14, indicating car dependence, and a bike score of 27, suggesting it is somewhat bikeable.

Key Highlights

• High‑visibility corner location at US‑127 and Main Street.
• Large walk‑in cooler (28' x 10') ideal for a convenience store or restaurant.
• Versatile C‑1 zoning allows for various retail uses.

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Furniture & Home Goods Big Box & Wholesale Store Nail Salon Building Supply Daycare Center Grocery & Convenience Store

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

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

70

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49220, MI

2,390

Population

1,313

Households

1.8

Avg Household Size

44

Median Age

27%

College-Educated

96%

High-School Grad

32.0 sq mi

ZIP Area

75

Density / Sq Mi

$70,726

Median Household Income

$37,364

Median Earnings

$803

Median Rent

$205,100

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

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Retail space available in Addison, Michigan, with multiple potential uses.

Where is this grocery and convenience store located?

The property is located at 200 W Main St Addison, MI.

What is the lease rate?

The lease rate is $4,183/Mo.

What are key features of this property?

This property features: High‑visibility corner location at US‑127 and Main Street.; Large walk‑in cooler (28' x 10') ideal for a convenience store or restaurant.; Versatile C‑1 zoning allows for various retail uses.