Building Details

Year built 1900

Listing Agency: Epique Inc. m***@epique.me Show Phone

Listed By: Michael Blake Show Phone

Added: Sep 8 Changed: Oct 8 Last Checked: Oct 29 at 9:06AM

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MLS# 50221118

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Investment Insights

Based on property information with market context.

This mixed-use commercial building contains 6,714 square feet across a 0.08-acre site and was constructed in 1900. The upper level provides 4,000 square feet of space, while the basement offers substantial storage capacity. The building’s configuration supports multiple business uses, with the upper floor also identified for potential conversion into multifamily units.

Located in downtown Armada, the property has public water service and offers a combination of commercial space, upper-level capacity, and basement storage within an established community setting.

Key Highlights

• 6,714‑square‑foot mixed‑use commercial building
• 4,000 square feet of upper‑level space
• Large basement with storage capacity

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Nail Salon 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.

Location Intelligence

Trade Area within ½ mile

205

Businesses Nearby

Explore this area Business Placement

Demographics for 48005, MI

5,318

Population

1,869

Households

2.8

Avg Household Size

46

Median Age

31%

College-Educated

96%

High-School Grad

36.5 sq mi

ZIP Area

146

Density / Sq Mi

$110,946

Median Household Income

$53,574

Median Earnings

$1,141

Median Rent

$294,200

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

Frequently Asked Questions

What type of property is this?

Mixed-use property - Historic commercial property with upper-level space and basement storage in downtown Armada.

Where is this mixed-use property located?

The property is located at 23051 E Main Street Armada, MI.

What is the asking price?

The asking price for this property is $439,900.

What are key features of this property?

This property features: 6,714‑square‑foot mixed‑use commercial building; 4,000 square feet of upper‑level space; Large basement with storage capacity