Listing Agency: Howard Hanna Real Estate Services-Adrian Show Phone

Listed By: Khrys Gould · License #LCAR-6501418062 Show Phone

Source: Exprealty

Added: Jul 17 Changed: Sep 1 Last Checked: Sep 1 at 8:44PM

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Investment Insights

Based on property information with market context.

This mixed-use commercial property comprises a building positioned across two lots totaling approximately 2.29 acres. The current occupant is the local fire department, providing an established institutional use for the existing improvements.

Located at 6326 US Highway 223 in Palmyra, Michigan, the property is near Toledo, Adrian, and Ann Arbor. Its highway address places the building within a regional corridor connecting these communities.

Key Highlights

• Approximately 2.29 acres across 2 lots
• Current local fire department use
• 6326 US Highway 223 address in Palmyra, MI

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Plumbing Service Grocery & Convenience Store Home Appliance Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

Demographics for 49268, MI

1,047

Population

452

Households

2.3

Avg Household Size

42

Median Age

20%

College-Educated

97%

High-School Grad

22.9 sq mi

ZIP Area

46

Density / Sq Mi

$87,250

Median Household Income

$42,438

Median Earnings

$165,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The property occupies two lots and is currently used by the local fire department.

Where is this mixed-use property located?

The property is located at 6326 Us Highway 223 Palmyra, MI.

What is the asking price?

The asking price for this property is $245,000.

What are key features of this property?

This property features: Approximately 2.29 acres across 2 lots; Current local fire department use; 6326 US Highway 223 address in Palmyra, MI