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Mixed-Use Property with Bowling Alley
For Sale
$850,000

92 E Michigan Avenue, Galesburg, MI 49053

Commercial Sale, Galesburg, MI

Property Size11,508 SF
Lot Size6.85 Acres
Price / SF$73.86
Days on Market73

Property Features for 92 E Michigan Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 12
Elementary school district Galesburg-Augusta
Middle school district Galesburg-Augusta
High school district Galesburg-Augusta
Standard status Active
APN 07-24-226-121& 07-24-226-281
Size 11,508 SF
Lot size 6.85 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description On file.
Tax Annual Amount 7591
Legal Description On file.

Utilities

Utilities Phone Available
Heating system Forced Air

Building Details

Year built 1980
Floors in Building 1
Number of units 2
Building materials Block
Listing Agency: NAI Wisinski of West Michigan
Listed By: Connor Schultze · License #6501453214
Added: Jul 15 Changed: Sep 16 Last Checked: Sep 25 at 11:06PM
MLS# 26036031

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use offering comprises two parcels totaling +/- 6.85 acres and two buildings with approximately 11,508 square feet. The primary building is partially occupied by Gull Lake Distillery, while the balance includes a second-floor bowling alley and additional space identified for revitalization. The sale excludes the operating business and equipment.

A separate rear industrial building contains two loading docks, a drive-in door, and an insulated warehouse formerly used for ice cream storage. The improvements were constructed in 1980 with block construction and forced-air heating. Located in downtown Galesburg, the property includes phone service availability. The current owner is willing to enter into a 3 to 5-year lease at closing, providing an established occupancy arrangement for the next owner.

Key Highlights

  • Two parcels totaling +/- 6.85 acres
  • Two buildings with approximately +/- 11,508 SF combined
  • Second‑floor bowling alley in the primary building

Property Analytics

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Current Use

Gull Lake Distilling ... Restaurant The Gale Restaurant Frostee Queen Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale 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.

Lease Details

2
Dock-high doors
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 49053, MI

7,371
Population
2,919
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
95%
High-School Grad
24.4 sq mi
ZIP Area
302
Density / Sq Mi
$80,074
Median Household Income
$47,870
Median Earnings
$970
Median Rent
$222,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building commercial property combines operating space, a second-floor bowling alley, and an industrial warehouse with loading access.
Where is this mixed-use property located?
The property is located at 92 E Michigan Avenue Galesburg, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two parcels totaling +/- 6.85 acres; Two buildings with approximately +/- 11,508 SF combined; Second‑floor bowling alley in the primary building
More about this property
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