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

218 W Main Street, Parma, MI 49269

Commercial Sale, Parma, MI

Property Size2,200 SF
Lot Size0.13 Acres
Price / SF$59.05
Days on Market2

Property Features for 218 W Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Com/Res
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Basement
Elementary school district Western
Middle school district Western
High school district Western
Directions E Michigan to Main St
Standard status Active
APN 006-06-36-228-002-01
Size 2,200 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 36 T2SR3W VILLAGE OF PARMA PART NE1/4 COM 1109.86 FT S & N80 degrees 34'W 351.83 FT FROM NE COR SEC N80 degrees 34'W 39.33 FT N0
Tax Annual Amount 5777
Legal Description SEC 36 T2SR3W VILLAGE OF PARMA PART NE1/4 COM 1109.86 FT S & N80 degrees 34'W 351.83 FT FROM NE COR SEC N80 degrees 34'W 39.33 FT N0

Utilities

Heating system Forced Air

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Vinyl Siding, Brick
Roof type Composition
Listing Agency: EXIT Realty 1st
Listed By: Ceairra Barron
Added: Sep 11 Last Checked: Sep 12 at 3:06AM
MLS# 26048532

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 2,200-square-foot mixed-use property contains two units with independent entrances. The upper unit includes 2 bedrooms, 1 full bathroom, a kitchen, and living space. The lower unit provides 2 office spaces, 1 bathroom, and a kitchen, creating a combination of residential and business-oriented space within the same building.

Prior improvements include updated kitchens and bathrooms, refreshed flooring and paint, high-efficiency furnaces, and a newer composition roof. The property also features off-street parking and a Michigan basement for storage. Built in 1900, the building occupies 0.13 acres and offers access to I-94.

Key Highlights

  • Approximately 2,200 square feet arranged as two separate units
  • Upper unit includes 2 bedrooms, 1 full bathroom, kitchen, and living space
  • Lower unit has 2 office spaces, 1 bathroom, and a kitchen

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 Grocery & Convenience Store Bakery

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

89
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible configuration combines an upper residential unit with lower-level office space and separate entrances.
Where is this mixed-use property located?
The property is located at 218 W Main Street 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 feet arranged as two separate units; Upper unit includes 2 bedrooms, 1 full bathroom, kitchen, and living space; Lower unit has 2 office spaces, 1 bathroom, and a kitchen
More about this property
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