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Second-Floor Retail Loft Space
For Lease
$2,750/Mo

51094 Washington Street, New Baltimore, MI 48047

Historic downtown building offers a second-floor open layout with option to expand into the main floor and backyard.

Space SizeContact for details
Property Size1,200 SF
Days on Market129

Property Features for 51094 Washington Street

General Information

Standard status Active
Size 1,200 SF
Zoning Commercial, Multi-Family
Lease Type Gross

Building Details

Building Size 1,200 SF
Year Built 1904
Listing Agency: Real Estate One-Chesterfield
Listed By: Mike Meldrum
Source: Carolbollo
Added: Apr 18 Changed: Aug 23 Last Checked: Aug 23 at 5:01AM

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 Real Estate One-Chesterfield

Investment Insights

Based on property information with market context.

Second-floor retail space is available within a historic building originally constructed in 1904. The current offering features an open layout that can support a variety of business uses. Tenants also have the option to expand into the main floor apartment and backyard space for an additional monthly charge, allowing for a larger customized footprint if desired.

The main floor storefront is set to open soon as Red’s Bayside Coffee Roasters, adding activity at street level for the property. The space is offered as a gross lease.

Recent improvements include a new roof (2025) and a hot water tank, and the property has separately metered electric. Tenant(s) are responsible for all build-out costs, obtaining required business licenses and permits, and securing approvals for any change of use or ordinance variances, if applicable.

Key Highlights

  • Historic downtown building originally constructed in 1904; second‑floor space is available for lease.
  • Second‑floor open layout suitable for a variety of business uses.
  • Lease tenant option to expand into the main floor apartment and backyard space for an additional monthly charge.

Property Analytics

Current Use

Red's Barber Shop Barber Shop

Suggested Use

Top Pick Law Firm Bakery Accounting Firm Daycare Center Garden Center Electrical Service

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 27%
McDonald's Dining
25,695 visits/mo 0.4 miles
BIGGBY COFFEE Dining
8,928 visits/mo 0.1 miles
Burger King Dining
7,415 visits/mo 0.5 miles
Dollar General Shops & Services
6,040 visits/mo 0.4 miles
Mobil Shops & Services
5,164 visits/mo 0.2 miles

Demographics for 48047, MI

39,775
Population
16,765
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,210
Density / Sq Mi
$95,381
Median Household Income
$50,151
Median Earnings
$1,109
Median Rent
$297,600
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic downtown building offers a second-floor open layout with option to expand into the main floor and backyard.
Where is this storefront property located?
The property is located at 51094 Washington Street New Baltimore, MI.
What is the lease rate?
The lease rate is $2,750/Mo.
What are key features of this property?
This property features: Historic downtown building originally constructed in 1904; second‑floor space is available for lease.; Second‑floor open layout suitable for a variety of business uses.; Lease tenant option to expand into the main floor apartment and backyard space for an additional monthly charge.
More about this property
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