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Storefront Property with Pole Buildings
For Sale
$250,000

312 E Sherwood Street, Decatur, MI 49045

Commercial building offering office areas, a former kitchen space, bathroom, attached pole structure, and exterior storage.

Property Size15,286 SF
Lot Size1.20 Acres
Price / SF$16.35
Days on Market241

Property Features for 312 E Sherwood Street

General Information

Standard status Active
Size 15,286 SF
Total Parking Spaces 10
Lot size 1.20 Acres
Property subtype Business Opportunity
Lease Term Cash, Conventional

Additional Details

Outdoor Storage Yes
Clear Height 13 ft

Taxes and HOA fees

Annual Taxes $10,199

Building Details

Building Size 15,286 SF
Year Built 1900
Units 1
Listing Agency: RE/MAX Advantage
Listed By: David Cerven · License #6501269134
Source: Sabudarealty
Added: Jan 1 Changed: Aug 29 Last Checked: Aug 5 at 4:03AM

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 RE/MAX Advantage

Investment Insights

Based on property information with market context.

This storefront property includes a 15,286-square-foot building constructed in 1900. The primary structure measures 60' x 92' and contains three office spaces, a former kitchen area, and a bathroom. An attached pole building and outdoor storage areas expand the property's functional footprint.

A separate 80' by 40' pole building with 13' ceilings provides additional covered space. The property occupies 1.2 acres at 312 E Sherwood Street in Decatur, Michigan, and was formerly used by Decatur True Value Hardware & Lumber Company.

Key Highlights

  • 1.2‑acre commercial property at 312 E Sherwood Street, Decatur, MI 49045
  • 15,286‑square‑foot building constructed in 1900
  • Primary building measures 60' x 92'

Property Analytics

Current Use

Decatur Lumber Building Supply Decatur lumber co Building Supply Decatur lumber co,Truevalue,STIHL Building Supply

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store HVAC Service Hair Salon Dental Office

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

13 ft
Clear height

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49045, MI

5,256
Population
2,855
Households
1.8
Avg Household Size
44
Median Age
14%
College-Educated
87%
High-School Grad
86.4 sq mi
ZIP Area
61
Density / Sq Mi
$58,328
Median Household Income
$38,182
Median Earnings
$824
Median Rent
$170,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building offering office areas, a former kitchen space, bathroom, attached pole structure, and exterior storage.
Where is this storefront property located?
The property is located at 312 E Sherwood Street Decatur, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1.2‑acre commercial property at 312 E Sherwood Street, Decatur, MI 49045; 15,286‑square‑foot building constructed in 1900; Primary building measures 60' x 92'
More about this property
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