Building Details

Roof type Rubber, Tar/Gravel, Asphalt

Listing Agency: REISS REAL ESTATE INC. Show Phone

Listed By: ALAN REISS · License #6502123263 Show Phone

Added: May 12 Changed: Aug 4 Last Checked: Aug 6 at 9:06PM

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MLS# 50207649

Copyright © 2026 Clare Gladwin Board of REALTORS. 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.

Retail space set on a 1.17-acre site with parking lot and blacktop parking. The property includes a 2,600 SF structure and a detached wood frame garage/storage building. Roof surfaces are listed as tar/gravel, asphalt, and rubber. The structure has had a major fire in the mechanical room/kitchen area, with roof damage noted.

The site has 289' of frontage on the road with exposure to US 10/M-115 traffic. Water service is provided by a private well and septic is on site.

This offering is best suited for buyers looking for a retail location with significant frontage and existing site improvements, with the understanding that the main structure includes fire and roof damage in the noted areas.

Key Highlights

• 1.17‑acre site with blacktop parking and parking lot
• 289' road frontage with exposure to US 10/M‑115 traffic
• 2,600 SF structure with noted fire damage in the mechanical room/kitchen area

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Parking Lot & Garage Spa & Massage Center Hair 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.

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

Explore this area Business Placement

Demographics for 48622, MI

6,364

Population

3,213

Households

2

Avg Household Size

47

Median Age

18%

College-Educated

93%

High-School Grad

86.1 sq mi

ZIP Area

74

Density / Sq Mi

$57,500

Median Household Income

$36,019

Median Earnings

$754

Median Rent

$123,600

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?

Retail space - Retail space on blacktop parking with private well and septic, offering substantial road frontage.

Where is this retail space located?

The property is located at 2497 W CADILLAC Drive Farwell, MI.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: 1.17‑acre site with blacktop parking and parking lot; 289' road frontage with exposure to US 10/M‑115 traffic; 2,600 SF structure with noted fire damage in the mechanical room/kitchen area