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Retail Property with Outdoor Storage
For Sale
$200,000
Pending

4 Morrell Street, Yale, MI 48097

COM/IND/BUS OPP, Yale, MI

Property Size8,700 SF
Lot Size0.62 Acres
Days on Market59

Property Features for 4 Morrell Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Yale (74049)
Standard status Pending
APN 74-08-320-0018-000
Size 8,700 SF
Lot size 0.62 Acres

Utilities

Water source Public

Building Details

Year built 1940
Listing Agency: Realty Executives Home Towne Shelby · Realty Executives International
Listed By: Domenic Bernabei · License #6501118940
Added: Jun 24 Changed: Aug 19 Last Checked: Aug 21 at 3:06AM
MLS# 50212751

Copyright © 2026 Multiple Listing Service MiRealSource. 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 commercial retail property is offered for sale in “as is” condition. The site includes outside storage totaling 1,764 square feet and provides 21 parking spaces for customer or tenant use.

The property sits on a lot described as 184' x 184' x 90' (about 0.62 acres) and was built in 1950. Zoning is listed as Commercial and Retail.

Additional site details are available in the listing, including the approximately 8,700 square feet property size.

Key Highlights

  • Commercial retail zoning
  • 21 on‑site parking spots
  • Outdoor storage: 1,764 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Auto Parts Store Kitchen & Bath Showroom Bakery 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

182
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 77% Shops & Services 15% Home Improvements & Furnishings 8%
McDonald's Dining
12,761 visits/mo 0.1 miles
A&W Restaurant Dining
4,905 visits/mo 0.1 miles
Sunoco Shops & Services
4,199 visits/mo 0.3 miles
Little Caesars Pizza Dining
2,762 visits/mo 0.3 miles
Yale Hardware Home Improvements & Furnishings
2,412 visits/mo 0.3 miles

Demographics for 48097, MI

5,181
Population
2,331
Households
2.2
Avg Household Size
43
Median Age
12%
College-Educated
89%
High-School Grad
76.2 sq mi
ZIP Area
68
Density / Sq Mi
$58,177
Median Household Income
$36,811
Median Earnings
$891
Median Rent
$174,800
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Commercial retail property offers 21 parking spaces and includes outside storage totaling 1,764 square feet.
Where is this retail space located?
The property is located at 4 Morrell Street Yale, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Commercial retail zoning; 21 on‑site parking spots; Outdoor storage: 1,764 SF
More about this property
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