Downtown Storefront with Included
324 W Main Street Gaylord, MI 49735
324 W Main Street, Gaylord, MI, 49735
$475,000
For Sale
$475,000
COMMERCIAL - Gaylord, MI
Property Size2,175 SF
Price / SF$218.39
Days on Market48
Property Features for 324 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-1
- Parking features
- Parking Lot
- Basement
- Full
- Standard status
- Active
- APN
- 100-000-002-009-02
- Size
- 2,175 SF
Taxes and HOA fees
- Tax Description
- W 22 FT OF LOT 9 EXC N 12 FT BLK 2 CITY OFGAYLORD
Utilities
- Sewer type
- Public Sewer
Building Details
- Building materials
- Brick
Listing agency
The TEAM Real Estate Group
(989) 732-6500
Listed by
Daphne Cousineau · License #6501451636
(989) 619-5976
Added: Jun 5 Checked: Jul 22 at 6:06AM
MLS# 201840610
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale storefront property is offered with both the real estate and included equipment. The building is a retail configuration suitable for a small storefront operation within a commercial district. The listing provides a total building size of 2,175 square feet.
Located at 324 W Main Street in Gaylord, Michigan, the property sits on a main thoroughfare identified in the listing as being along M-32. With its downtown address, the space is positioned to serve customers looking for in-town retail services.
The B-1 zoning supports a variety of commercial retail uses, making the property a practical fit for operators seeking a centrally located storefront. It may also appeal to buyers who prefer a packaged offering, since the equipment is included alongside the real estate. If you’re evaluating space for an existing concept expansion or a new storefront opening, this property’s size and zoning provide a straightforward starting point within downtown Gaylord.
Located at 324 W Main Street in Gaylord, Michigan, the property sits on a main thoroughfare identified in the listing as being along M-32. With its downtown address, the space is positioned to serve customers looking for in-town retail services.
The B-1 zoning supports a variety of commercial retail uses, making the property a practical fit for operators seeking a centrally located storefront. It may also appeal to buyers who prefer a packaged offering, since the equipment is included alongside the real estate. If you’re evaluating space for an existing concept expansion or a new storefront opening, this property’s size and zoning provide a straightforward starting point within downtown Gaylord.
Key Highlights
- Brick commercial property with parking lot on Main Street along M‑32 in downtown Gaylord
- Public sewer available
- Property includes real estate and equipment
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.7k | $15.48 |
| − Vacancy | −$1.4k | −$0.65 |
| EGI | $32.3k | $14.83 |
| − OpEx | −$9.7k | −$4.45 |
| NOI | $22.6k | $10.38 |
2,175 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$322.5K
$282.2K – $376.3K
NOI $22,578 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.98M
$2.61M – $3.48M
NOI $208,539 @ 7.0% cap · market cap 43.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rise and dine
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Rosemary & Pepper Flower Co. — 261 S Wisconsin Ave, Gaylord, MI 49735
- Martin the Flower Guy — 118 N Otsego Ave, Gaylord, MI 49735
FAQs
What type of property is this?
Storefront property - For-sale storefront property in B-1 zoning with real estate and equipment included.
Where is this storefront property located?
The property is located at 324 W Main Street Gaylord, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Brick commercial property with parking lot on Main Street along M‑32 in downtown Gaylord; Public sewer available; Property includes real estate and equipment
