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Remodeled Office Suite with Private Bathrooms

308 W Michigan, Mt Pleasant, MI 48858

For Lease
$600/Mo

A gross-lease arrangement covers utilities, with communications services paid separately by the tenant.

Space SizeContact for details
Property Size1,203 SF
Days on Market946

Property Features for 308 W Michigan

General Information

Standard status Active
Size 1,203 SF
Total Parking Spaces 64
Zoning Commercial
Lease Type Gross

Space & Availability

Space Use Office
Sublease No

Additional Details

Utilities Included in Rent electricity, heat, air conditioning, trash
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $26,511

Amenities

his and hers bathrooms
utility room

Building Details

Building Size 1,203 SF
Year Built 1954
Tenancy Multi
Listing Agency: COLDWELL BANKER MT. PLEASANT REALTY
Listed By: Marnie Basney · License MI #6506047755
Source: Centralmirealty
Added: Apr 9, 2024 Changed: Nov 4 Last Checked: Nov 10 at 4:08AM

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 COLDWELL BANKER MT. PLEASANT REALTY

Rey
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Investment Insights

Based on property information with market context.

This 1,203-square-foot office suite was remodeled and includes separate men’s and women’s bathrooms, along with access to a utility room. The space had been planned for barber shop use, and some barber shop supplies remain available for tenant use; other uses are also possible. The building dates to 1954.

The suite has a public entrance from a shared private parking lot with 64 spaces on Michigan Avenue, plus a front entrance to the utility area. It is in downtown Mt. Pleasant with access from Broadway. The gross lease includes electricity, heat, air conditioning, and trash service; communications such as internet, Wi-Fi, cable, and phone are the tenant’s responsibility.

Key Highlights

  • Remodeled 1,203‑square‑foot office suite
  • Separate men’s and women’s bathrooms
  • Access to a utility room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Electrical Service

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
Utilities to site
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value

Market

Lease Benchmarks for Mt Pleasant, MI

$39.46 /SF/Yr
Avg Asking Price
$3.06–$360 /SF/Yr
Price Range
3,095 SF
Avg Space Size

This space is priced 85% below the average of $39.46 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Mt Pleasant, MI

$33.82 Jul
$36.73 Aug
$35.86 Sep
$42.14 Oct

Properties on Market for Office Units in Mt Pleasant

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A gross-lease arrangement covers utilities, with communications services paid separately by the tenant.
Where is this office unit located?
The property is located at 308 W Michigan Mt Pleasant, MI.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: Remodeled 1,203‑square‑foot office suite; Separate men’s and women’s bathrooms; Access to a utility room
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