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Repurpose Opportunity in Corunna
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302 W Corunna Ave, Corunna, MI 48817

7,744 SF building on 0.64 acres with parking.

Property Size7,744 SF
Lot Size0.64 Acres
Price / SF$46.47
Days on Market1421

Property Features for 302 W Corunna Ave

General Information

Standard status Active
Size 7,744 SF
Class A
Lot size 0.64 Acres
Property subtype Retail
Zoning RA
Investment Type Owner/User

Building Details

Year Built 1973
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Woodworth Commercial
Listed By: Ryan Calhoun · License #6501440781
Source: Crexi
Added: Oct 14, 2022 Changed: Aug 28 Last Checked: Sep 1 at 10:23PM

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 Woodworth Commercial

Investment Insights

Based on property information with market context.

The property, formerly a funeral home, is available for repurposing. Situated on 0.64 acres, the 7,744 SF building includes a large parking lot. The building features an entry/lobby area and a large gathering area that can be partitioned into smaller rooms. The basement includes a small meeting area and private office space. An attached garage space is also included. Deed restrictions apply, and the property cannot operate as a funeral home. The location is suitable for a contractor's office, insurance agent, or real estate agent.

Key Highlights

  • Large 7,744 SF building suitable for repurposing.
  • Spacious 0.64 acre lot with large parking lot.
  • Versatile interior with large gathering area that can be partitioned.

Property Analytics

Current Use

Watkins Brothers Funeral ... Social Service Agency

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Nail Salon Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Groceries 38%
Citgo Shops & Services
9,441 visits/mo 0.3 miles
Save-A-Lot Groceries
5,801 visits/mo 0.3 miles

Demographics for 48817, MI

5,714
Population
2,513
Households
2.3
Avg Household Size
45
Median Age
16%
College-Educated
96%
High-School Grad
58.9 sq mi
ZIP Area
97
Density / Sq Mi
$57,468
Median Household Income
$39,300
Median Earnings
$879
Median Rent
$164,200
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?
Retail space - 7,744 SF building on 0.64 acres with parking.
Where is this retail space located?
The property is located at 302 W Corunna Ave Corunna, MI.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Large 7,744 SF building suitable for repurposing.; Spacious 0.64 acre lot with **large parking lot**.; Versatile interior with **large gathering area that can be partitioned**.
(989) 723-3711 Call to check price and availability
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