Historic Downtown Mixed-Use
For Sale
$549,900
94 N Union Street, Sparta, MI 49345
Commercial Sale, Sparta, MI
Property Size6,327 SF
Lot Size0.61 Acres
Price / SF$86.91
Days on Market203
Property Features for 94 N Union Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Parking
20
Interior features
Broadband
Elementary school district
Sparta
Middle school district
Sparta
High school district
Sparta
Directions
Sparta ave East on 13 mile to North on Union
Standard status
Active
APN
41-05-14-353-003
Size
6,327 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT LOT 18 COM 146 FT N OF NW COR LOT 1 BLK 2 TH E 132 FT TH N 166 FT TH S 66D 00M E TO E LINE OF W 140.67 FT OF LOT 18 B
Tax Annual Amount
5052
Legal Description
PT LOT 18 COM 146 FT N OF NW COR LOT 1 BLK 2 TH E 132 FT TH N 166 FT TH S 66D 00M E TO E LINE OF W 140.67 FT OF LOT 18 B
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water front features
Creek
Water front
1
Building Details
Year built
1928
Floors in Building
3
Number of units
3
Building materials
Brick
Listing Agency:
United Realty Services LLC
(616) 965-2304
Listed By:
Chris Botruff
(616) 813-7020
Added: Mar 18
Changed: Oct 2
Last Checked: Oct 6 at 2:06AM
MLS# 26010591
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.
Built in 1928, this brick mixed-use property contains 6,327 square feet across three finished levels on a 0.61-acre parcel. The main floor includes an operationally configured commercial kitchen with an 8-foot cooking hood, major equipment, an accessible layout, and an ADA-compliant bathroom. Finished second and third floors provide additional commercial areas, with the upper level including a full bathroom and kitchenette featuring a granite countertop and sink. Plumbing and sink areas are present on all three floors.
The building has received extensive updates, including roof recoating in 2024, brick tuck-pointing, electrical and plumbing work, attic insulation, LED lighting, restored skylight features, and a building-wide surveillance system. A lift was installed in winter 2026 and inspected and approved by the State of Michigan. The property also includes a sealed driveway and parking lot, substantial creek frontage, central air, forced-air heating, and cable availability.
Located within Sparta’s downtown parks, civic-center, festival, and community activity area, the property is at 94 N Union Street in Kent County, Michigan.
The building has received extensive updates, including roof recoating in 2024, brick tuck-pointing, electrical and plumbing work, attic insulation, LED lighting, restored skylight features, and a building-wide surveillance system. A lift was installed in winter 2026 and inspected and approved by the State of Michigan. The property also includes a sealed driveway and parking lot, substantial creek frontage, central air, forced-air heating, and cable availability.
Located within Sparta’s downtown parks, civic-center, festival, and community activity area, the property is at 94 N Union Street in Kent County, Michigan.
Key Highlights
- 6,327 square feet across three finished levels on 0.61 acres
- Commercial kitchen with 8‑foot commercial cooking hood and major equipment
- Lift installed winter 2026; inspected and approved by the State of Michigan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,587
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,740
$591.7K
Cap Rate 7%
$422,671
$422.7K
Cap Rate 9%
$328,744
$328.7K
Market Conditions
NOI Build-Up for 6,327 SF
Gross rent
$43.5K $6.88/SF
− Vacancy
−$1.3K −$0.20/SF
EGI
$42.3K $6.68/SF
− OpEx
−$12.7K −$2.00/SF
NOI
$29.6K $4.68/SF
Area
Kent County, MI
Vacancy
2.90%
Lease Rate
$6.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,740
Cap Rate 7%
$422,671
Cap Rate 9%
$328,744
Alternative Uses
Best Use
Mixed Use
$1.04M
$910.1K – $1.21M
NOI $72,809 @ 7.0% cap · market cap 13.24%
Second Best
Specialty Retail
$1.01M
$879.6K – $1.17M
NOI $70,371 @ 7.0% cap · market cap 12.80%
Theoretical Best
Office A
$1.13M
$990.2K – $1.32M
NOI $79,214 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 49345, MI
13,734
Population
5,074
Households
2.7
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
263
Density / Sq Mi
$84,918
Median Household Income
$44,051
Median Earnings
$968
Median Rent
$261,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three finished levels combine a commercial kitchen, accessible main floor, upper-level business areas, and creek frontage.
Where is this mixed-use property located?
The property is located at 94 N Union Street Sparta, MI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 6,327 square feet across three finished levels on 0.61 acres; Commercial kitchen with 8‑foot commercial cooking hood and major equipment; Lift installed winter 2026; inspected and approved by the State of Michigan
