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    715 Clinton St Grand Ledge, MI 48837

    Sponsored
    For Sale
    $1,499,000

    Vacant Freestanding Retail, High Traffic

    Property size:
    11,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,080 square foot freestanding retail building, formerly a Rite Aid, is available for $1,499,000. Located at 715 S Clinton St in Grand Ledge, Michigan (48837), this property sits on a prominent 1.58-acre corner lot (203' x 222') in a high-traffic area. The B-1 zoning allows for multi-use capabilities, making it ideal for a variety of retail or redevelopment opportunities. The building features a drive-thru and substantial parking, complementing its convenient location near established retailers such as Meijer, McDonald's, and Dollar Tree. The property is vacant and immediately available. Annual property taxes are $30,985.31, and there is an approximate $400 monthly condo association fee. South Clinton Street boasts a daily traffic count of 12,775 vehicles, ensuring high visibility and accessibility for your business. This turn-key ready property presents a compelling investment opportunity in a thriving commercial area. The price per square foot is $135.29.

    Property Features for 715 Clinton St

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,080 SF
    Lot Size
    68,825 SF

    HighLights

    • Hard corner freestanding building.
    • Drive‑thru available.
    • Ample parking.
    • Excellent location near Meijer, McDonald's, Dollar Tree, and other retailers.
    • Turnkey condition or redevelopment potential.
    • Condo fee: $400/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kingsley Aboagye, RPH Pharmacy Theresa M. Weaver, ... Pharmacy Bruce J. Butkovich, ... Pharmacy Hew and Hue Furniture Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Ledge
    County
    Eaton
    State
    Michigan
    Longitude
    -84.7389976
    Latitude
    42.7414593

    Nearby Comparable

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    Nearby Similar for Sale

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    • $1,350,000
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      Freestanding Retail Opportunity on Corner

      Freestanding retail building with drive-thru and substantial parking.
      715 S Clinton St, Grand Ledge, MI 48837
      View Details
    • $399,000
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      Grand Ledge Auto Shop - $399K

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Freestanding Retail, High Traffic
    Where is this individual retail property located?
    The property is located at 715 Clinton St Grand Ledge, MI.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Hard corner freestanding building.; Drive-thru available.; Ample parking.
    Request Owner's contact information
    715 Clinton St Grand Ledge, MI 48837
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 Clinton St Grand Ledge, MI 48837
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