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Retail Building on Michigan Avenue
For Sale
$375,000

856 Michigan Street NE, Grand Rapids, MI 49503

Free-standing retail building with frontage and parking near US-196.

Days on Market148

Property Features for 856 Michigan Street NE

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1946
Listing Agency: Signature Associates
Listed By: Joe Rizqallah
Source: Tcnworldwide
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 31 at 6:21AM

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 Signature Associates

Investment Insights

Based on property information with market context.

This is a free-standing retail building situated along Michigan Avenue. The site offers frontage and signage, accompanied by 10 parking spaces. Located less than a half-mile from US-196, the property is zoned TN-TBA, suitable for various uses including coffee shops, cafes, restaurants, bars, clothing stores, banks, general retail, and offices.

Key Highlights

  • Prime location on busy Michigan Avenue.
  • Less than 1/2 mile to US‑196.
  • Ample frontage and great signage.

Property Analytics

Current Use

The Smoke Shack Vape ... (Bike/Boat/Book/etc) Store Boost Mobile Mobile Phone Store Mona Yoga Gym & Fitness Center

Suggested Use

Top Pick HVAC Service Daycare Center Carpet & Flooring Store Tech Support Center Nail Salon Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

5,010
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 41% Hotels & Casinos 9%
McDonald's Dining
36,543 visits/mo 0.1 miles
Circle K Shops & Services
21,217 visits/mo 0.2 miles
Lake Michigan Credit Union Shops & Services
7,943 visits/mo 0.0 miles
Hampton Inn & Suites Grand Rapids Downtown Hotels & Casinos
6,360 visits/mo 0.3 miles
Spectrum Shops & Services
997 visits/mo 0.4 miles

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Free-standing retail building with frontage and parking near US-196.
Where is this retail space located?
The property is located at 856 Michigan Street NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime location on busy Michigan Avenue.; Less than 1/2 mile to US‑196.; Ample frontage and great signage.
More about this property
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