Building Details

Building Size 8,000 SF

Tenancy Multi

Listing Agency: Colliers b***@colliers.com Show Phone

Listed By: Ben Hubert · License #6502385681 Show Phone

Source: Cpix.resimplifi

Added: Oct 23, 2025 Changed: Aug 30 Last Checked: Aug 30 at 3:25PM

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Investment Insights

Based on property information with market context.

This new mixed-use development includes 8,000 SF of retail space designed for division among occupants. An approved site plan is in place, with delivery scheduled for Fall 2025. Planned components include Michigan Works!, an early childcare center, and a small market, while the project identifies demand for coffee and F&B tenants.

Located at 210 E Superior St in Munising, the property is 1.9 miles from Pictured Rocks and 42 miles from Marquette. Pictured Rocks draws 1.4 million visitors per year. The surrounding market also includes Subway, described as one of the only national F&B franchises in town, with 157k customers/year according to Placer.ai.

Key Highlights

• 8,000 SF of divisible retail space
• Fall 2025 delivery
• Approved site plan

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Hair Salon (Bike/Boat/Book/etc) Store Pharmacy Nail Salon

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

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

378

Businesses Nearby

Explore this area Business Placement

Demographics for 49862, MI

4,602

Population

2,462

Households

1.9

Avg Household Size

45

Median Age

20%

College-Educated

93%

High-School Grad

170.0 sq mi

ZIP Area

27

Density / Sq Mi

$59,575

Median Household Income

$36,643

Median Earnings

$718

Median Rent

$150,900

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?

Mixed-use property - Divisible retail space is planned within a development featuring workforce services, childcare, and a small market.

Where is this mixed-use property located?

The property is located at 210 E Superior St Munising, MI.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: 8,000 SF of divisible retail space; Fall 2025 delivery; Approved site plan