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    408 Perry Ave Big Rapids, MI 49307

    For Lease
    $10 SF/Yr

    7,926 SF Available in Prime Location

    Lot size:
    24,049 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents 7,926 square feet of vacant space within a larger 24,049 square foot shopping center located at 408 Perry Ave, Big Rapids, MI 49307. The property is zoned C-3, offering flexibility for a variety of retail uses. Situated in Mecosta County, this location benefits from excellent visibility and accessibility. The existing building is a multi-tenant shopping center, providing a synergistic environment for businesses. The available space offers significant potential for a retailer seeking a prominent presence in a thriving community. The address is easily accessible and boasts ample parking for customers and employees. This is an ideal opportunity for businesses looking to establish or expand their operations in a high-traffic area. The 7,926 square feet of contiguous space provides ample room for a variety of retail configurations. Serious inquiries are encouraged to explore the possibilities of this prime retail location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. Detailed floor plans and specifications are available upon request. Don't miss this chance to secure a valuable retail space in a desirable Big Rapids location.

    Property Features for 408 Perry Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,049 SF
    Total Rate
    21042.88

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,926 SF
    Rate per SF
    $10

    HighLights

    • 7,926 SF of vacant retail space available in a 24,049 SF shopping center at 408 Perry Ave, Big Rapids, MI 49307.
    • Located on Big Rapids' busiest retail corridor, with high traffic counts on Perry Ave (17,897 CPD) and State St (17,866 CPD).
    • Close proximity to Ferris State University (10,361 students).
    • Multi‑tenant shopping center with excellent visibility and accessibility, including ample parking and multiple points of ingress/egress.
    • C‑3 zoning allows for flexible retail uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harbor Freight Tools Hardware Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Rapids
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.4892097
    Latitude
    43.688532

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    FAQs

    What type of property is this?
    Lifestyle center - 7,926 SF Available in Prime Location
    Where is this lifestyle center located?
    The property is located at 408 Perry Ave Big Rapids, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 7,926 SF of vacant retail space available in a 24,049 SF shopping center at 408 Perry Ave, Big Rapids, MI 49307.; Located on Big Rapids' busiest retail corridor, with high traffic counts on Perry Ave (17,897 CPD) and State St (17,866 CPD).; Close proximity to Ferris State University (10,361 students).
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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
    408 Perry Ave Big Rapids, MI 49307
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