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Mixed-Use Building with Lake View

701 Water Street, East Jordan, MI 49727

For Lease
$267,900

The standalone commercial property is currently configured for dental clinic use and sits on a corner parcel.

Space Size1,248 SF
Lot Size0.31 Acres
Days on Market547

Property Features for 701 Water Street

General Information

Standard status Active
Size 1,248 SF
Net Rentable 1,248 SF
Lot size 0.31 Acres
Zoning Commercial

Space & Availability

Available Space 1,248 SF
Contiguous Space 1,248 SF
Available From Immediate

Additional Details

Currently Operating Yes

Building Details

Building Size 1,248 SF
Year Built 1988
Listing Agency: Three West, LLC
Listed By: David Coonrod · License #6501426180
Source: Centralmirealty
Added: May 10, 2025 Changed: Nov 4 Last Checked: Nov 7 at 3:57AM

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 Three West, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1,248-square-foot standalone mixed-use building is currently operating as a dental clinic. Built in 1988, it has street-facing windows and occupies a 0.31-acre parcel at a prominent corner. The property is zoned Commercial and offers a view of Lake Charlevoix.

Located at 701 Water Street in East Jordan, the building is minutes from downtown. The site is described as being on a high-traffic corridor, with local shops, restaurants, and recreational attractions nearby.

Key Highlights

  • 1,248‑square‑foot standalone building, built in 1988
  • Currently operating as a dental clinic
  • 0.31‑acre corner parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Furniture & Home Goods Bakery Kitchen & Bath Showroom Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

Demographics for 49727, MI

6,887
Population
4,075
Households
1.7
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
120.0 sq mi
ZIP Area
57
Density / Sq Mi
$70,288
Median Household Income
$42,500
Median Earnings
$821
Median Rent
$187,700
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The standalone commercial property is currently configured for dental clinic use and sits on a corner parcel.
Where is this mixed-use property located?
The property is located at 701 Water Street East Jordan, MI.
What is the lease rate?
The lease rate is $267,900.
What are key features of this property?
This property features: 1,248‑square‑foot standalone building, built in 1988; Currently operating as a dental clinic; 0.31‑acre corner parcel
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