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Downtown Chelsea Commercial Space Available
For Lease
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115 S Main St, Chelsea, MI 48118

Prime commercial space in downtown Chelsea with restaurant infrastructure.

Space Size2,687 SF
Days on Market793

Property Features for 115 S Main St

General Information

Standard status Active
Size 2,687 SF
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 2,687 SF
Tenancy Single

Spaces For Lease

at 115 S Main St Contact us

Space 1

Size
2,687 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Swisher Commercial
Listed By: Jeff Evans · License #MI 6501248033
Source: Crexi
Added: Jul 1, 2024 Changed: Aug 22 Last Checked: Aug 31 at 3:45PM

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 Swisher Commercial

Investment Insights

Based on property information with market context.

Located in the heart of downtown Chelsea, this commercial space, formerly the Chelsea Ale House, offers 3,163 square feet of space with an additional 255 square feet of basement storage. The space features hardwood floors and exposed brick walls. New windows and a deck for outdoor seating at the rear of the suite are upcoming. The space includes existing equipment and a fully functional restaurant infrastructure. It includes one private restroom, with access to two additional restrooms located in the common area just outside the back entry. Parking is available in the rear of the building as well as street parking in front. Situated on Main Street, this location offers high visibility and foot traffic. This space is suitable for a new dining establishment or any other venture requiring similar setups, and is ideal for entrepreneurs seeking to establish a presence in downtown Chelsea.

Key Highlights

  • Prime downtown Chelsea location on Main Street with high visibility and foot traffic.
  • Equipped restaurant infrastructure ready for immediate use, ideal for a new dining establishment.
  • Spacious 3,163 square feet with charming hardwood floors and exposed brick walls.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Auto Parts Store Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store Electrical Service

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 38%
Pantry Shops & Services
8,173 visits/mo 0.2 miles
Los Tres Amigos Dining
5,848 visits/mo 0.2 miles
Carquest Auto Parts Shops & Services
1,275 visits/mo 0.3 miles

Demographics for 48118, MI

13,309
Population
5,864
Households
2.3
Avg Household Size
48
Median Age
51%
College-Educated
98%
High-School Grad
86.2 sq mi
ZIP Area
154
Density / Sq Mi
$87,934
Median Household Income
$55,637
Median Earnings
$1,576
Median Rent
$348,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Prime commercial space in downtown Chelsea with restaurant infrastructure.
Where is this conventional restaurant located?
The property is located at 115 S Main St Chelsea, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime downtown Chelsea location on Main Street with high visibility and foot traffic.; Equipped restaurant infrastructure ready for immediate use, ideal for a new dining establishment.; Spacious 3,163 square feet with **charming hardwood floors and exposed brick walls.**
(734) 926-0222 Call to check price and availability
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