Retail Center with Pylon
For Lease
$8 SF/Yr
488 Marshall Street, Coldwater, MI 49036
COMMERCIAL - Coldwater, MI
Space SizeContact for details
Property Size132,629 SF
Lot Size10.03 Acres
Days on Market1251
Property Features for 488 Marshall Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Fireplace
1
Elementary school district
Coldwater
Middle school district
Coldwater
High school district
Coldwater
Directions
-
Subdivision
Branch County - R
Standard status
Active
APN
30200000000500
Size
132,629 SF
Lot size
10.03 Acres
Taxes and HOA fees
Tax Description
On file.
Legal Description
On file.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1960
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Kara Schroer · License #6501373674
(269) 459-0435
Added: Mar 20, 2023
Changed: Aug 4
Last Checked: Aug 21 at 1:06AM
MLS# 23008008
Copyright © 2026 Michigan Regional Information Center, LLC. 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.
Fairfield Plaza is a 132,629 SF shopping center situated on 10.03 acres at 488 Marshall Street in Coldwater, Michigan. The property includes suites in a variety of sizes, with space available for immediate occupancy. Built in 1960, the center is served by forced-air heating and has cable available.
The center occupies the east side of Marshall Street, also identified as Old US Hwy 27, just south of State Street. Ingress and egress are available from Marshall Street, and a prominent pylon sign identifies the property and its occupants. Existing tenants include Subway, Hungry Howie's, Children's Museum, Dance Factory, Select Health, and LinCare, along with other local retailers.
The center occupies the east side of Marshall Street, also identified as Old US Hwy 27, just south of State Street. Ingress and egress are available from Marshall Street, and a prominent pylon sign identifies the property and its occupants. Existing tenants include Subway, Hungry Howie's, Children's Museum, Dance Factory, Select Health, and LinCare, along with other local retailers.
Key Highlights
- 132,629 SF retail center on 10.03 acres
- Multiple suite sizes available for immediate occupancy
- Located at 488 Marshall Street in Coldwater, MI 49036
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 24%
Home Improvements & Furnishings 3%
Shell
Shops & Services
9,722 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,130 visits/mo
0.0 miles
SUBWAY
Dining
3,025 visits/mo
0.1 miles
Hungry Howie's Pizza
Dining
2,183 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
714 visits/mo
0.1 miles
Demographics for 49036, MI
24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value
Market
Lease Benchmarks for Coldwater, MI
$7.58 /SF/Yr
Avg Asking Price
$6–$8 /SF/Yr
Price Range
94,194 SF
Avg Space Size
This space is priced 5% above the average of $7.58 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-suite retail space offers immediate occupancy along Marshall Street.
Where is this shopping center located?
The property is located at 488 Marshall Street Coldwater, MI.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 132,629 SF retail center on 10.03 acres; Multiple suite sizes available for immediate occupancy; Located at 488 Marshall Street in Coldwater, MI 49036
