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Storefront Property with Basement
New
For Sale
$925,000

205 East Bellows Street, Mount Pleasant, MI 48858

Ground-floor commercial space with a full basement, on-site parking, and CD-5 zoning.

Property Size13,897 SF
Lot Size1.09 Acres
Price / SF$66.56
Days on Market7

Property Features for 205 East Bellows Street

General Information

Standard status Active
Size 13,897 SF
Lot size 1.09 Acres
Property subtype Retail
Zoning CD-5

Additional Details

Asking Price $925,000

Amenities

ample parking
Listed By: Peter Furest
Source: Cbre
Added: Sep 20 Last Checked: Sep 24 at 8:26AM

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 Peter Furest

Investment Insights

Based on property information with market context.

This storefront property includes 13,897 SF of ground-floor space and an additional 13,897 SF basement, totaling 27,794 SF. The 1.086-acre site also provides ample parking and is positioned for retail redevelopment or mixed-use conversion.

The property sits directly across from the Central Michigan University campus, placing it near the university’s student and faculty population. CD-5 zoning supports development up to 5 stories and allows up to 96 units per acre, providing a defined framework for future redevelopment or mixed-use planning.

Key Highlights

  • 27,794 SF total, including 13,897 SF ground floor and 13,897 SF basement
  • 1.086‑acre site with ample parking
  • Directly across from the Central Michigan University campus

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby
95k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 22% Home Improvements & Furnishings 11% Electronics 2%
Taco Bell Dining
24,241 visits/mo 0.4 miles
Panda Express Dining
18,695 visits/mo 0.3 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
10,419 visits/mo 0.5 miles
Arby's Dining
9,781 visits/mo 0.4 miles
Shell Shops & Services
8,818 visits/mo 0.3 miles

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Elliott Greenhouse — 800 W Broadway St, Mt Pleasant, MI 48858
  • Norm’s Flower Petal — 201 E Broadway St, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor commercial space with a full basement, on-site parking, and CD-5 zoning.
Where is this storefront property located?
The property is located at 205 East Bellows Street Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 27,794 SF total, including 13,897 SF ground floor and 13,897 SF basement; 1.086‑acre site with ample parking; Directly across from the Central Michigan University campus
More about this property
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