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    1401 Main St Lowell, MI 49331

    Sponsored
    For Sale
    $1,950,000

    10,004 SF Vacant Pharmacy/Drug Store

    Property size:
    10,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 10,004-square-foot freestanding retail building presents a prime investment opportunity in Lowell, Michigan. Located at the highly visible corner of West Main Street and Valley Vista Drive SE, this property benefits from a signalized intersection ensuring excellent visibility and accessibility. The building boasts ample on-site parking, prominent pylon and building signage, and convenient drive-thru access, making it ideal for a variety of retail uses. Constructed to Class A standards, the building features attractive tall ceilings and exceptional street exposure. This location enjoys strong surrounding retail presence, with nearby businesses including Culver's, McDonald's, Jimmy John's, Ace Hardware, Arby's, Meijer, and Tractor Supply Co. Currently vacant, this property offers a blank canvas for a discerning buyer to establish a thriving business in a vibrant community. The address is 1401 W Main St, Lowell, MI 49331. The asking price is $1,950,000.

    Property Features for 1401 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,004 SF

    HighLights

    • $1,950,000 asking price for a vacant 10,004 SF retail building.
    • Located at 1401 W Main St, Lowell, MI 49331, at a signalized intersection.
    • Features ample parking, pylon & building signage, drive‑thru, and high ceilings.
    • Former Rite Aid; nearby businesses include national chains like Culver's, McDonald's, and Meijer.
    • Class A construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinhub Bitcoin ATM ... Atm CDReload - Online Bitcoin ... Crypto Atm Rite Aid Drug Store Karen M. Noreen, ... Pharmacy Western Union Money Transfer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Kent
    State
    Michigan
    Longitude
    -85.355498138431
    Latitude
    42.931547449835

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    Nearby Similar for Sale

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      Luxury condominium in excellent location with shopping and dining nearby.
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      Fulton Street Office Building - Lowell, MI

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    FAQs

    What type of property is this?
    Individual retail property - 10,004 SF Vacant Pharmacy/Drug Store
    Where is this individual retail property located?
    The property is located at 1401 Main St Lowell, MI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for a vacant 10,004 SF retail building.; Located at 1401 W Main St, Lowell, MI 49331, at a signalized intersection.; Features ample parking, pylon & building signage, drive-thru, and high ceilings.
    (616) 327-2629
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    1401 Main St Lowell, MI 49331
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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
    1401 Main St Lowell, MI 49331
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