Building Details

Year Built 1954

Units 2

Listing Agency: CB WOODLAND SCHMIDT (HOLL)

Listed By: H. Bernie Merkle · License #6506041602 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Sep 18 Last Checked: Sep 24 at 10:42AM

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Investment Insights

Based on property information with market context.

This 3000 SF office space is located in the City of the Village of Douglas, at the corner of Blue Star Highway and Wiley Road. The layout includes up to 6 private offices or treatment rooms, a reception area, and a large open space suitable for multiple uses. It also features a private staff bathroom, along with 2 additional restrooms. Ample parking space is available. Lease terms are available for 36-60 months.

Key Highlights

• Prime office space in the City of the Village of Douglas.
• 3000 SF space with up to 6 private offices/treatment rooms.
• Large open space suitable for multiple uses.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Carpet & Flooring Store Pharmacy Building Supply Kitchen & Bath Showroom Dental Office Nail Salon

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

NNN (Triple Net)

Lease Type

$1.95 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

119

Businesses Nearby

Explore this area Business Placement

Demographics for 49406, MI

1,031

Population

921

Households

1.1

Avg Household Size

60

Median Age

66%

College-Educated

99%

High-School Grad

1.5 sq mi

ZIP Area

687

Density / Sq Mi

$95,417

Median Household Income

$78,333

Median Earnings

$470,500

Median Home Value

Market

Lease Benchmarks for Douglas, MI

$13.13 /SF/Yr

Avg Asking Price

$13–$13.32 /SF/Yr

Price Range

18,977 SF

Avg Space Size

This space is priced 1% below the average of $13.13 /SF/Yr.

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

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - 3000 SF office space with private offices and parking.

Where is this office units located?

The property is located at 415 Wiley Rd 1 Douglas, MI.

What is the lease rate?

The lease rate is $13 SF/Yr.

What are key features of this property?

This property features: Prime office space in the City of the Village of Douglas.; 3000 SF space with up to 6 private offices/treatment rooms.; Large open space suitable for multiple uses.