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Two-Unit Mixed-Use Property
New
For Sale
$129,900

218 W Main St, Parma, MI 49269

Flexible two-level layout combines a residential apartment with office space and separate entrances.

Property Size2,200 SF
Price / SF$59.05
Days on Market1

Property Features for 218 W Main St

General Information

Standard status Active
Size 2,200 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,777

Building Details

Year Built 1900
Units 2
Listing Agency: EXIT Realty 1st
Listed By: Ceairra Barron
Source: Elliman
Added: Sep 13 Last Checked: Sep 13 at 3:12PM

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 EXIT Realty 1st

Investment Insights

Based on property information with market context.

Built in 1900, this approximately 2,200-square-foot mixed-use property contains two units with separate entrances. The upper level includes two bedrooms, one full bathroom, a kitchen, and living area. The lower level provides two office spaces, one bathroom, and a kitchen, creating distinct residential and business components within the same building.

Prior improvements include updated kitchens and bathrooms, newer flooring and paint, high-efficiency furnaces, and a newer roof. Off-street parking adds convenience, while the Michigan basement provides additional storage. The property is located near local amenities with access to I-94 and is in the Village of Parma.

Key Highlights

  • Approximately 2,200‑square‑foot mixed‑use property with two units
  • Separate entrances for the upper residential and lower office units
  • Upper unit includes 2 bedrooms, 1 full bathroom, kitchen, and living space

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick HVAC Service Building Supply Real Estate Agency Auto Parts Store Bakery Grocery & Convenience Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 49269, MI

5,874
Population
2,083
Households
2.8
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
55.8 sq mi
ZIP Area
105
Density / Sq Mi
$83,933
Median Household Income
$50,372
Median Earnings
$967
Median Rent
$200,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible two-level layout combines a residential apartment with office space and separate entrances.
Where is this mixed-use property located?
The property is located at 218 W Main St Parma, MI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Approximately 2,200‑square‑foot mixed‑use property with two units; Separate entrances for the upper residential and lower office units; Upper unit includes 2 bedrooms, 1 full bathroom, kitchen, and living space
More about this property
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