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    117 Mission St Mount Pleasant, MI 48858

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    11,095 SF Former Rite Aid, Drive-Thru

    Lot size:
    11,095 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,095-square-foot retail space, formerly a Rite Aid, presents a unique opportunity in Mount Pleasant, Michigan. Located at 117 N Mission St, this single-tenant property boasts a convenient drive-thru, ideal for a variety of businesses. Situated on a 1.17-acre lot at the northwest corner of Mission Street and E. Broadway, the property benefits from high visibility and accessibility. The strategic location just north of Central Michigan University, a major university with over 14,000 students, ensures a substantial potential customer base. The property features ample parking with 83 spaces and easy ingress/egress to both main roads, facilitated by a traffic-controlled intersection. The building is a single-story structure, zoned C-3 Commercial District within Isabella County. The entire 11,095 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This property represents a rare chance to establish a thriving business in a high-traffic area with a strong demographic profile. The combination of location, size, and amenities makes this an exceptional investment opportunity.

    Property Features for 117 Mission St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,095 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    11,095 SF

    HighLights

    • 11,095 SF retail space, formerly a Rite Aid, in Mount Pleasant, MI.
    • Located at 117 N Mission St, on a 1.17‑acre lot with high visibility.
    • Features a drive‑thru and 83 parking spaces.
    • C‑3 zoned, single‑story building with easy access to major roads.
    • Excellent location near Central Michigan University (14,000+ students).
    • Currently vacant and available for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rachel McWethy, PharmD Pharmacy CDReload - Online Bitcoin ... Crypto Atm higi Health Consultant Rite Aid Drug Store Western Union Money Transfer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Isabella
    State
    Michigan
    Longitude
    -84.7683568
    Latitude
    43.6050423

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    FAQs

    What type of property is this?
    Retail property - 11,095 SF Former Rite Aid, Drive-Thru
    Where is this retail property located?
    The property is located at 117 Mission St Mount Pleasant, MI.
    What are key features of this property?
    This property features: 11,095 SF retail space, formerly a Rite Aid, in Mount Pleasant, MI.; Located at 117 N Mission St, on a 1.17-acre lot with high visibility.; Features a drive-thru and 83 parking spaces.
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    117 Mission St Mount Pleasant, MI 48858
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    Mount Pleasant, MI 48858
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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
    117 Mission St Mount Pleasant, MI 48858
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