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Downtown Multi-Tenant Retail Center
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504 Main St, Belleville, MI 48111

Multi-tenant retail center with frontage on Main Street in downtown Belleville, featuring a mix of local service tenants.

Property Size5,895 SF
Days on Market48

Property Features for 504 Main St

General Information

Standard status Active
Size 5,895 SF
Property subtype Retail - Street Retail

Building Details

Building Size 5,895 SF
Year Built 1967
Year Renovated 2019
Units 6
Tenancy Multi
Listing Agency: Encore Real Estate Investment Services
Listed By: Marcel Pearl · License #6501396308
Source: Commercialcafe
Added: Jul 28 Changed: Sep 8 Last Checked: Sep 13 at 4:10AM

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 Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This multi-tenant retail center offers a downtown mix of service-based tenants and retail spaces within a compact shopping center format. The property is positioned for visibility with frontage on Main Street.

The center is located in downtown Belleville and is described as being surrounded by major national retailers, including CVS Pharmacy, Chase Bank, State Farm, and Edward Jones. Additional area context notes national retail neighbors and a population of more than 62,000 within a 5-mile radius.

For buyers evaluating a retail investment or tenanting opportunity, the asset’s straightforward multi-tenant configuration and Main Street frontage support day-to-day storefront traffic visibility.

Key Highlights

  • Multi‑tenant retail center with frontage on Main Street in downtown Belleville
  • Strong mix of local service‑based tenants
  • Surrounded by national retailers including CVS Pharmacy, Chase Bank, State Farm, and Edward Jones

Property Analytics

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Current Use

Urban Barber Shop ... Barber Shop CET Pharmacy Group Pharmacy 24hr Flyers Marketing & Advertising B’s Wax Spa & Massage Center Nails By Tee ... Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48111, MI

44,055
Population
19,406
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
92%
High-School Grad
66.9 sq mi
ZIP Area
659
Density / Sq Mi
$74,125
Median Household Income
$42,194
Median Earnings
$1,162
Median Rent
$239,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Lake Plaza 510 Main St, Belleville, MI 48111

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with frontage on Main Street in downtown Belleville, featuring a mix of local service tenants.
Where is this shopping center located?
The property is located at 504 Main St Belleville, MI.
What are key features of this property?
This property features: Multi‑tenant retail center with frontage on Main Street in downtown Belleville; Strong mix of local service‑based tenants; Surrounded by national retailers including CVS Pharmacy, Chase Bank, State Farm, and Edward Jones
More about this property
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