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Two-Tenant Shopping Center
For Sale
$3,220,000

301 N US Hwy 131, Three Rivers, MI 49093

Retail center includes Tractor Supply as its anchor and carries a lease extension through July 2038.

Property Size44,800 SF
Price / SF$71.88
Days on Market158

Property Features for 301 N US Hwy 131

General Information

Standard status Active
Size 44,800 SF
Property subtype Retail
Zoning B-2

Building Details

Year Built 1981
Listing Agency: Advantage Commercial Real Estate
Listed By: Michael Visser · License #6501368970
Source: Carwm.resimplifi
Added: Mar 26 Changed: Aug 29 Last Checked: Aug 30 at 1:28PM

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 Advantage Commercial Real Estate

Investment Insights

Based on property information with market context.

This 44,800-square-foot shopping center contains two retail tenancies and was built in 1981. Tractor Supply serves as the anchor tenant, with its lease extended through July 2038. The property is zoned B-2, supporting its established commercial retail profile.

Located at 301 N US Hwy 131 in Three Rivers, Michigan, the center sits along US-131, providing direct corridor access and exposure within the area’s commercial district. The configuration combines a substantial retail footprint with an established anchor and a documented long-term lease commitment.

Key Highlights

  • 44,800 SF shopping center with two retail tenants
  • Tractor Supply anchor tenant
  • Tractor Supply lease extended through July 2038

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Walgreens Pharmacy FedEx OnSite Postal Service LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic Auto Parts Store HVAC Service 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

360
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 20% Home Improvements & Furnishings 8%
Little Caesars Pizza Dining
4,366 visits/mo 0.1 miles
Pizza Hut Dining
3,272 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
2,616 visits/mo 0.0 miles
SUBWAY Dining
1,696 visits/mo 0.1 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,008 visits/mo 0.2 miles

Demographics for 49093, MI

18,215
Population
8,512
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
105.6 sq mi
ZIP Area
172
Density / Sq Mi
$63,040
Median Household Income
$36,916
Median Earnings
$824
Median Rent
$174,000
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Peterson Plaza 109 S Grant Ave, Three Rivers, MI 49093
  • Pink Paisley Emporium 12 N Main St, Three Rivers, MI 49093
  • Maple Lane Plaza 1104 N Main St, Three Rivers, MI 49093

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center includes Tractor Supply as its anchor and carries a lease extension through July 2038.
Where is this shopping center located?
The property is located at 301 N US Hwy 131 Three Rivers, MI.
What is the asking price?
The asking price for this property is $3,220,000.
What are key features of this property?
This property features: 44,800 SF shopping center with two retail tenants; Tractor Supply anchor tenant; Tractor Supply lease extended through July 2038
More about this property
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