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Renovated Retail Strip Center
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2055-2323 GRATIOT Boulevard Unit SourceFi, Marysville, MI 48040

Retail space at Village Green Plaza features updated building systems, refreshed site improvements, and established co-tenancy.

Property Size4,292 SF
Price / SF$0.79
Days on Market189

Property Features for 2055-2323 GRATIOT Boulevard Unit SourceFi

General Information

Standard status Active
Size 4,292 SF
Property subtype Industrial

Amenities

3
100100100100

Building Details

Tenancy Multi
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Xome
Added: Feb 22 Changed: Aug 30 Last Checked: Jul 18 at 1:39AM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

Village Green Plaza is a retail strip center at 2055–2323 Gratiot Boulevard in Marysville, Michigan. The property has undergone extensive updates, including a new exterior facade, lighting improvements, parking lot work, a new roof scheduled for 2026, and new HVAC equipment. A large monument sign serves the center, which also offers abundant parking.

The tenant roster includes the newly opened Planet Fitness, Little Caesar’s, Goodwill, Salon Centric, Spicy Thai Kitchen, Worden Insurance, Sheldon Medical Supply, Marysville Village Laundromat, and The Happy Hanger. The center is positioned in an area described as having heavy daytime traffic.

Key Highlights

  • Extensive updates include a new facade, lighting, parking lot improvements, new HVAC, and a new roof scheduled for 2026
  • Newly opened Planet Fitness joins the tenant roster
  • Tenant mix includes Little Caesar’s, Goodwill, Salon Centric, and Spicy Thai Kitchen

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Shops & Services 13%
McDonald's Dining
22,665 visits/mo 0.1 miles
A&W Restaurant Dining
7,843 visits/mo 0.4 miles
Huntington Bank Shops & Services
4,334 visits/mo 0.1 miles
Jet's Pizza Dining
1,691 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
561 visits/mo 0.4 miles

Demographics for 48040, MI

9,994
Population
4,588
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
1,448
Density / Sq Mi
$69,661
Median Household Income
$45,365
Median Earnings
$955
Median Rent
$185,500
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space at Village Green Plaza features updated building systems, refreshed site improvements, and established co-tenancy.
Where is this strip mall located?
The property is located at 2055-2323 GRATIOT Boulevard Unit SourceFi Marysville, MI.
What are key features of this property?
This property features: Extensive updates include a new facade, lighting, parking lot improvements, new HVAC, and a new roof scheduled for 2026; Newly opened Planet Fitness joins the tenant roster; Tenant mix includes Little Caesar’s, Goodwill, Salon Centric, and Spicy Thai Kitchen
More about this property
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