Building Details

Year Built 1960

Listing Agency: m***@danberry.com Show Phone

Listed By: The Danberry Company Show Phone

Source: Xome

Added: Jun 15, 2025 Changed: Sep 1 Last Checked: Sep 2 at 4:12PM

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Investment Insights

Based on property information with market context.

The property in Jasper, MI is currently leased to the USPS through June 27. The USPS has been a tenant since the 1960s. The annual gross lease is $9,185 per year. The owner is responsible for taxes, insurance, and lawn care. The property is located in an area with a walk score of 17, indicating car dependence, and a bike score of 25, suggesting it is somewhat bikeable.

Key Highlights

• Stable, long‑term USPS lease in place through 6‑27 (since 1960s) provides guaranteed income.
• Annual gross lease of $9,185 offers immediate return on investment.
• Established property built in 1960.

Property Analytics

Property Profile

Current Use

United States Postal ... Post Office

Suggested Use

Top Pick Auto Parts Store Storage Facility Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon

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

24

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49248, MI

858

Population

369

Households

2.3

Avg Household Size

45

Median Age

13%

College-Educated

92%

High-School Grad

33.0 sq mi

ZIP Area

26

Density / Sq Mi

$60,313

Median Household Income

$36,786

Median Earnings

$1,271

Median Rent

$143,800

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

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Frequently Asked Questions

What type of property is this?

Storefront property - Post Office in Jasper, MI with long-term lease.

Where is this storefront property located?

The property is located at 8520 S Adrian Highway Jasper, MI.

What is the asking price?

The asking price for this property is $79,000.

What are key features of this property?

This property features: Stable, long‑term USPS lease in place through 6‑27 (since 1960s) provides guaranteed income.; Annual gross lease of $9,185 offers immediate return on investment.; Established property built in 1960.