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Multi-Tenant Retail Building
For Sale
$314,900

9595 E M 21, Ovid, MI 48866

B-2-zoned retail property configured for multiple tenant spaces.

Property Size2,872 SF
Lot Size1.50 Acres
Price / SF$109.64
Days on Market238

Property Features for 9595 E M 21

General Information

Standard status Active
Size 2,872 SF
Lot size 1.50 Acres
Zoning B-2
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Crowe Real Estate LLC
Listed By: Troy Crowe · License #6502353031
Source: Exprealty
Added: Jan 5 Changed: Aug 30 Last Checked: Aug 30 at 12:52PM

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 Crowe Real Estate LLC

Investment Insights

Based on property information with market context.

This retail property includes a 2,872-square-foot building arranged for multiple tenants and is situated on 1.5 acres. The property is currently 100% leased, providing an occupied retail configuration for evaluation by prospective buyers.

Zoned B-2 and located in Ovid, Michigan, the offering includes the building and land only. The operating businesses are excluded from the sale. The site also provides room for expansion of the existing structure or construction of an additional building, subject to applicable approvals.

Key Highlights

  • 2,872‑square‑foot multi‑tenant retail building
  • 1.5‑acre site with room to expand or add another building
  • Currently 100% leased

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office Law Firm Auto Parts Store Parking Lot & Garage

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 48866, MI

4,728
Population
1,828
Households
2.6
Avg Household Size
43
Median Age
12%
College-Educated
93%
High-School Grad
49.5 sq mi
ZIP Area
96
Density / Sq Mi
$64,070
Median Household Income
$40,425
Median Earnings
$868
Median Rent
$158,500
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 - B-2-zoned retail property configured for multiple tenant spaces.
Where is this retail space located?
The property is located at 9595 E M 21 Ovid, MI.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: 2,872‑square‑foot multi‑tenant retail building; 1.5‑acre site with room to expand or add another building; Currently 100% leased
More about this property
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