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Mixed-Use Building with Furnished Condos
For Sale
Contact for pricing
Pending

315 Main Street, Frankfort, MI 49635

Includes year-round leased restaurant and clothing boutique components alongside furnished residential units.

Property SizeContact for details
Days on Market141

Property Features for 315 Main Street

General Information

Standard status Pending
Property subtype Mixed Use

Building Details

Year Built 2010
Buildings 1
Listing Agency: Great Lakes Real Estate Agency LLC
Listed By: Lee Mason · License #MI 6​5​0​1​2​7​5​1​4​2
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:49PM

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 Great Lakes Real Estate Agency LLC

Investment Insights

Based on property information with market context.

Built in 2010, this mixed-use commercial property at 315 Main Street combines three fully furnished condos with two leased commercial spaces: an ethnic restaurant and a retail clothing boutique. The residences include equipped kitchens, new appliances, linens, towels, dishware, cookware, and cutlery. Private rear parking, secure entries, and balconies serve the condos, while the penthouse includes a full deck with views toward Betsie Harbor and Lake Michigan.

The property sits in downtown Frankfort on Main Street, near Lake Michigan beaches, the Frankfort Lighthouse, village shopping, brewpubs, restaurants, bakeries, a bookstore, art galleries, and deep-water marinas. The surrounding area experiences high seasonal traffic, and the building is within a short walk of the listed downtown destinations.

Key Highlights

  • Three fully furnished condos, including a penthouse with a full deck overlooking Betsie Harbor and Lake Michigan
  • Ethnic restaurant and retail clothing boutique leased year round
  • Constructed in 2010 with equipped kitchens and new appliances

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Electrical Service Pharmacy

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

280
Businesses Nearby
537
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Kilwin's Dining
537 visits/mo 0.0 miles

Demographics for 49635, MI

3,331
Population
3,014
Households
1.1
Avg Household Size
61
Median Age
47%
College-Educated
94%
High-School Grad
38.5 sq mi
ZIP Area
87
Density / Sq Mi
$71,875
Median Household Income
$32,409
Median Earnings
$918
Median Rent
$332,300
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?
Mixed-use property - Includes year-round leased restaurant and clothing boutique components alongside furnished residential units.
Where is this mixed-use property located?
The property is located at 315 Main Street Frankfort, MI.
What are key features of this property?
This property features: Three fully furnished condos, including a penthouse with a full deck overlooking Betsie Harbor and Lake Michigan; Ethnic restaurant and retail clothing boutique leased year round; Constructed in 2010 with equipped kitchens and new appliances
More about this property
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