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Lawrence Retail Space on 1.5 Acres

270 Crandall Pkwy, Lawrence, MI 49064

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For Sale

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1,824 SF retail space on 1.5 acres in Lawrence.

Type:Retail

Property size:

1,824 SF

Lot size:

1.50 Acres

Price / SF:

$163/SF

HighLights

Move‑in ready, high‑quality 1,824 SF Morton pole building (built in 2020).
Located in Lawrence‑Crandall Business Park with prime visibility and access off I‑94.
Suitable for a wide range of commercial uses; delivered vacant at closing.
Sits on 1.5 acres with excellent parking.
Superior craftsmanship and attention to detail.
Ideal for local, regional, or national users seeking flexibility and efficiency.

We can help!

Contact an agent

Stephanie Wiltgen

For Sale

Contact for pricing

1,824 SF retail space on 1.5 acres in Lawrence.

Type:Retail

Property size:

1,824 SF

Lot size:

1.50 Acres

Price / SF:

$163/SF

Added:: Feb 4, 2026
Days on Market:: 152
Last Refresh:: Mar 17 at 1:14 pm

Property Features for 270 Crandall Pkwy

General Information

Standard status: Active
Size: 1,824 SF
Lot size: 1.50 Acres
Property subtype: Retail

Building Details

Year Built: 2020

We can help!

Contact an agent

Stephanie Wiltgen

Listing office Callander Commercial

Listing date Feb 4, 2026

Source Crexi

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 Callander Commercial

HighLights

Move‑in ready, high‑quality 1,824 SF Morton pole building (built in 2020).
Located in Lawrence‑Crandall Business Park with prime visibility and access off I‑94.
Suitable for a wide range of commercial uses; delivered vacant at closing.
Sits on 1.5 acres with excellent parking.
Superior craftsmanship and attention to detail.
Ideal for local, regional, or national users seeking flexibility and efficiency.

Overview

This is an immaculate 1,824 SF Morton pole building constructed in 2020, located in the Lawrence-Crandall Business Park. The property, currently a dispensary, will be delivered vacant at closing, making it suitable for a variety of commercial uses. Situated on 1.5 acres, the facility features ample parking and demonstrates superior craftsmanship with attention to detail. The property benefits from prime visibility and accessibility, located just off I-94, positioning it for local, regional, or national users seeking flexibility and efficiency. It is a polished, move-in-ready asset.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$28.2k	$15.48
− Vacancy	−$1.2k	−$0.65
EGI	$27.0k	$14.83
− OpEx	−$8.1k	−$4.45
NOI	$18.9k	$10.38

1,824 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$270.5K

$236.7K – $315.6K (±1% cap)

NOI $18,935 @ 7.0% cap · market cap 6.33%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$22.55M

$19.73M – $26.31M (±1% cap)

NOI $1,578,741 @ 7.0% cap · market cap 528.01%

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

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Lawrence
County: Van Buren
State: Michigan
Longitude: -86.0549
Latitude: 42.2204

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For sale
Retail space
MI
Lawrence
49064
270 Crandall Pkwy

What type of property is this?

Retail space - 1,824 SF retail space on 1.5 acres in Lawrence.

Where is this retail space located?

The property is located at 270 Crandall Pkwy Lawrence, MI.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Move‑in ready, high‑quality 1,824 SF Morton pole building (built in 2020).; Located in Lawrence‑Crandall Business Park with **prime visibility and access off I‑94.**; Suitable for a wide range of commercial uses; delivered vacant at closing.