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    Corner Retail and Office Property Title is generated by Realmo AI

    2134 S Main Street, Central Lake, MI 49622

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    Claim this Listing
    For Sale
    $219,000

    COMMERCIAL - Central Lake, MI

    Property size:
    1,568 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $139/SF
    Added:
    May 22, 2026
    Days on Market:
    49
    Last Refresh:
    Jul 9 at 3:06 pm

    Property Features for 2134 S Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Exterior features
    Wood
    Standard status
    Active
    Size
    1,568 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    LOT 20; BLK B PLAT OF SISLEYS ADD TO CENTRAL LAKE SEC 23 T31N R8W

    Building Details

    Building materials
    Frame
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Gary Scheitler
    Gary Scheitler

    Listing agent Gary Scheitler License #6502139515

    Listing office Paradise Properties USA 9047 Helena PO Box 398, Alden, MI

    Listing date May 22, 2026

    MLS# 1945605

    Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial/mixed‑use corner property on Main Street (M‑88) with private parking lot access off Ballard Street
    • Wood exterior and frame construction
    • Asphalt roof
    • Parking available in a dedicated parking lot

    Overview

    This for-sale corner commercial property is presented as a turn-key retail and mixed-use opportunity, with the flexibility to support a range of concepts including retail, café, office space, studio, gallery, or other mixed-use uses. The building is configured to serve street-facing visitors and accommodates day-to-day customer or client traffic.

    Located at 2134 S Main Street in Central Lake, the property sits directly on Main Street (M-88) and benefits from corner exposure along a prominent downtown corridor. Access is supported by a private parking lot located off Ballard Street, helping customers and guests park conveniently away from the main roadway.

    For buyers and operators looking for a manageable, adaptable commercial footprint, this property provides a practical base for a street-oriented business that needs visibility and straightforward access. The combination of corner positioning and on-site parking supports tenant concepts that rely on walk-in traffic, as well as office or studio-style uses that benefit from easy customer arrival and curb presence.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $24.3k $15.48
    − Vacancy −$1.0k −$0.65
    EGI $23.3k $14.83
    − OpEx −$5.8k −$3.71
    NOI $17.4k $11.12
    1,568 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $249.1K
    $218.0K – $290.7K (±1% cap)
    NOI $17,440 @ 7.0% cap · market cap 7.96%
    Second Best
    Retail
    $232.5K
    $203.5K – $271.3K (±1% cap)
    NOI $16,277 @ 7.0% cap · market cap 7.43%
    Theoretical Best
    Office A
    $279.0K
    $244.2K – $325.6K (±1% cap)
    NOI $19,533 @ 7.0% cap · market cap 8.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon Big Box & Wholesale Store Kitchen & Bath Showroom Nail Salon Barber Shop Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Central Lake
    County
    Antrim
    State
    Michigan
    Longitude
    -85.2637812
    Latitude
    45.066327

    FAQs

    What type of property is this?
    Storefront property - Turn-key corner commercial space with nearby private parking, offering flexible options for retail, office, or hospitality concepts.
    Where is this storefront property located?
    The property is located at 2134 S Main Street Central Lake, MI.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: Commercial/mixed‑use corner property on Main Street (M‑88) with private parking lot access off Ballard Street; Wood exterior and frame construction; Asphalt roof
    More about this property
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