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Office Building with Paved Parking
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407 Nelson Street, Greenville, MI 48838

Office property offering city utilities and paved on-site parking near medical, hospital, and retail uses.

Property Size5,240 SF
Price / SF$39.50
Days on Market655

Property Features for 407 Nelson Street

General Information

Standard status Active
Size 5,240 SF
Total Parking Spaces 25
Property subtype Office, Retail, Special Purpose

Additional Details

Utilities to Site Yes

Building Details

Year Built 1960
Buildings 1
Units 1
Listing Agency: Five Star Real Estate
Listed By: Spencer Geisen · License #6056-041957
Source: Crexi
Added: Nov 18, 2024 Changed: Aug 30 Last Checked: Sep 1 at 4:24AM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

This 5,240-square-foot office building was constructed in 1960 and includes a layout available for review. City utilities serve the property, and paved parking accommodates an estimated 25 vehicles. The configuration may support a single business or multiple occupants, subject to the buyer’s intended use.

The property is located on Nelson Street, one-half block from M57 on Greenville’s west side. Medical offices, a hospital, and established retail businesses are nearby, with Meijer approximately 0.3 mile to the east. Possession is available to the buyer at closing.

Key Highlights

  • 5,240‑square‑foot office building constructed in 1960
  • One‑half block from M57 on Nelson Street
  • Paved parking for an estimated 25 vehicles

Property Analytics

Current Use

Renee A. Defrang, RD Physician

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Auto Repair Shop Auto Parts 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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

Demographics for 48838, MI

18,801
Population
7,461
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
93.1 sq mi
ZIP Area
202
Density / Sq Mi
$66,126
Median Household Income
$36,802
Median Earnings
$910
Median Rent
$190,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office property offering city utilities and paved on-site parking near medical, hospital, and retail uses.
Where is this office building located?
The property is located at 407 Nelson Street Greenville, MI.
What is the asking price?
The asking price for this property is $207,000.
What are key features of this property?
This property features: 5,240‑square‑foot office building constructed in 1960; One‑half block from M57 on Nelson Street; Paved parking for an estimated 25 vehicles
(616) 244-3800 Call to check price and availability
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