Midland Retail Building For
For Sale
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201 McDonald Street, Midland, MI 48640
Retail building in Midland CBD with redevelopment potential.
Property Size8,786 SF
Lot Size0.54 Acres
Days on Market184
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Property Features for 201 McDonald Street
General Information
Standard status
Active
Size
8,786 SF
Lot size
0.54 Acres
Property subtype
Retail
Listing Agency:
CBRE - Detroit
Listed By:
Scott Young · License #6502405265
(248) 936-6832
Source:
Cbre
Added: Apr 15
Changed: Oct 13
Last Checked: Oct 14 at 8:07PM
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 CBRE - Detroit
Investment Insights
Based on property information with market context.
This 8,786 square-foot retail building, originally constructed in 1956 and remodeled in 1998, is situated on a 0.54-acre lot. The property is located in the prime Midland Central Business District (CBD), offering proximity to new developments in the area. The 2025 real estate taxes are estimated to be $31,283.11. The property features a free-standing building with a surface parking lot and is adjacent to a municipal surface parking lot. Zoned D – Downtown District in Midland and within the Midland Downtown Northside Overlay District, the property presents potential for either redevelopment or adaptive reuse.
Key Highlights
- Prime Midland CBD location
- Free standing building with surface parking lot
- Property offers 8,786 SF
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Home Improvements & Furnishings 36%
Hotels & Casinos 7%
BP
Shops & Services
13,765 visits/mo
0.3 miles
Ace Hardware & Sports
Home Improvements & Furnishings
11,358 visits/mo
0.2 miles
Huntington Bank
Shops & Services
3,819 visits/mo
0.1 miles
Fairfield Inn & Suites by Marriott Midland
Hotels & Casinos
2,251 visits/mo
0.2 miles
Mercantile Bank
Shops & Services
491 visits/mo
0.1 miles
Demographics for 48640, MI
31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Lapelle's Flowers & Gifts — 1605 Bookness St, Midland, MI 48640
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building in Midland CBD with redevelopment potential.
Where is this storefront property located?
The property is located at 201 McDonald Street Midland, MI.
What are key features of this property?
This property features: Prime Midland CBD location; Free standing building with surface parking lot; Property offers 8,786 SF
