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    Plainwell, MI
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    Plainwell, MI Mixed-use Properties for Sale

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    Historic Grainery Townhouse Building
    Updated: Aug 26, 2025
    Historic Grainery Townhouse Building

    721 E Bridge Street, Plainwell, MI 49080

    $425,000
    5,142 sqft 0.15 AC lot
    Historic grainery converted into a 3‑unit townhouse building, with original grainery features incorporated into each unit
    Two upper‑level townhouses each offer 2 bedrooms, 1.5 baths, in‑unit laundry, and access to a rooftop patio
    Main‑level unit offers flexible use as commercial space (with 1/2 bath) or living area, plus a finished lower level with kitchen, full bath, and laundry
    Historic caboose on the property has been used as a rental/commercial unit
    Year built: 1890; metal roof with wood siding; forced‑air heating and central air
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    This listing looks promising.

    Here's a quick look at some key insights for

    721 E Bridge Street, Plainwell, MI 49080

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $284K
      Suggested

    • Last Sold

      Jul 2001
      $42K
    View Property Analytics
    Mixed-Use Building in Downtown Plainwell
    Updated: Mar 10
    Mixed-Use Building in Downtown Plainwell

    108 S Main St, Plainwell, MI 49080

    $220,000
    2,400 sqft 0.06 AC lot
    Prime Downtown Plainwell location.
    Mixed‑use building with office/retail space and a two‑bedroom apartment.
    Vacant property suitable for owner‑occupancy or investment.
    Remodeled two‑bedroom apartment with rear stairwell access.
    Flexible workspace with private rooms in the office/retail space.
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Plainwell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Kalamazoo Redevelopment Opportunity
    Kalamazoo Redevelopment Opportunity

    818 Cobb Avenue, Kalamazoo, MI 49007

    $295,000
    22,799 sqft 1.23 AC lot

    Redevelopment opportunity near Kalamazoo Event Center.

    View details
    Otsego Mixed-Use Investment Opportunity
    Otsego Mixed-Use Investment Opportunity

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    3,944 sqft

    Turnkey 5-unit mixed-use building in downtown Otsego.

    View details
    Downtown Otsego Mixed-Use Investment
    Downtown Otsego Mixed-Use Investment

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    0.07 AC lot

    Turnkey 5-unit building with strong income in downtown Otsego.

    View details
    Downtown Redevelopment Opportunity
    Downtown Redevelopment Opportunity

    818 Cobb Ave, Kalamazoo, MI 49007

    $295,000

    Redevelopment opportunity near Kalamazoo Event Center.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

    View details
    Prime Land Near Gun Lake
    Prime Land Near Gun Lake

    1130 128th Avenue, Shelbyville, MI 49344

    $2,850,000
    18.00 AC lot

    18-acre commercial land parcel near Gun Lake Casino.

    View details
    Buildable Lot in Springfield, MI
    Buildable Lot in Springfield, MI

    1 Cinderella Circle, Springfield, MI 49037

    Contact for pricing
    0.23 AC lot

    Vacant lot available for development in Springfield, Michigan.

    View details
    Buildable Lot in Springfield
    Buildable Lot in Springfield

    2 Cinderella Circle, Springfield, MI 49037

    Contact for pricing
    0.25 AC lot

    Vacant lot available for development in Springfield, Michigan.

    View details

    Plainwell, MI Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Plainwell, MI on our real estate platform. These investment opportunities span a total of 7,542 square feet of properties for sale, with an estimated market value of $645,000.

    Sale prices for multi use buildings in Plainwell, MI start at $220,000, averaging $322,500, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 2

    Demographics Overview

    Population 15K
    Population Growth (5Y) -5.0%
    Median Household Income $75,250
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

    Identify Plainwell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49080 $425K

    Taxes & Financing

    Tax Rate (average for all types) 3.54%
    Property Tax per SF $71.10 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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