Building Details

Year Built 2017

Listing Agency: Landmark Commercial Real Estate Services s***@landmarkcres.com Show Phone

Listed By: Louis Ciotti · License #6501368365 Show Phone

Source: Moodyscre

Added: Jul 16, 2025 Changed: Aug 29 Last Checked: Aug 29 at 1:15PM

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Investment Insights

Based on property information with market context.

This freestanding retail property in Otisville, Michigan, contains 8,320 square feet and was constructed in 2017. The building previously operated as a Family Dollar and features a contemporary design suited to a range of commercial applications.

The property includes 24 dedicated parking spaces, monument signage, and access intended to support customer-oriented operations. Its configuration may accommodate retail, medical, or service-based uses, subject to applicable approvals. Located at 315 N State Rd, the property offers a standalone storefront format for an owner-user or commercial operator.

Key Highlights

• 8,320‑square‑foot freestanding retail building
• Constructed in 2017 with a modern design
• 24 dedicated parking spaces

Property Analytics

Property Profile

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Auto Repair Shop Garden Center (Bike/Boat/Book/etc) Store

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

128

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48463, MI

4,423

Population

1,902

Households

2.3

Avg Household Size

49

Median Age

18%

College-Educated

89%

High-School Grad

33.3 sq mi

ZIP Area

133

Density / Sq Mi

$69,893

Median Household Income

$38,451

Median Earnings

$835

Median Rent

$179,000

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Standalone retail building with monument signage and dedicated customer parking.

Where is this storefront property located?

The property is located at 315 N State Rd Otisville, MI.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: 8,320‑square‑foot freestanding retail building; Constructed in 2017 with a modern design; 24 dedicated parking spaces