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Ithaca, MI Office Buildings for Sale

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North Star, MI Ashley, MI Alma, MI Saint Louis, MI Perrinton, MI Middleton, MI Breckenridge, MI Saint Johns, MI
Downtown Mixed-Use Building
Updated: Jun 4
Downtown Mixed-Use Building

108 E Center Street, Ithaca, MI 48847

$299,900
13,632 sqft 0.38 AC lot
Fully occupied downtown Ithaca commercial investment property at 108 E. Center Street (The Village Shoppes) with 6 tenant spaces.
Approximately 13,600 SF brick commercial building built in 1987 on a 100' x 165' lot.
Scheduled annual rent of approximately $65,600 and 100% occupancy.
Downtown Commercial zoning and standard elevator serving all floors.
Unique interior "village street" layout with storefront‑style suites; attractive common areas.
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Medical Office Space with Multiple Bathrooms
Updated: Jan 27
Medical Office Space with Multiple Bathrooms

820 N Pine River Street, Ithaca, MI 48847

$229,000
4,785 sqft 1.34 AC lot
1.34‑acre site on a main road leading into Ithaca
20 rooms with a client waiting room lobby and foyer
7 bathrooms, including multiple ADA‑accessible bathrooms
Flexible layout previously used as a doctor’s office
Aluminum and brick exterior with frame construction and membrane roof
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ithaca, 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.

Flex Space with Overhead Doors and Docks
Flex Space with Overhead Doors and Docks

Saint Louis, MI 48880

$950,000
44,516 sqft 2.64 AC lot

Flex space on 2.64 acres with office areas, central air, and loading docks for efficient move-in and operations.

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Office Building with Multiple Suites
Office Building with Multiple Suites

217 N State, Alma, MI 48801

$195,000
13,266 sqft 0.36 AC lot

Multi-tenant office building with common hallway, two entrances, and available suite space.

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Updated Office Building with Private Offices
Updated Office Building with Private Offices

Saint Louis, MI 48880

$185,000
3,611 sqft 0.11 AC lot

Updated office building with private office suites plus shared conference, mailboxes, kitchenette, and restroom facilities.

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Office Building with Large Windows
Office Building with Large Windows

E 324 E Superior Street Unit SourceFi, Alma, MI 48801

Contact for pricing
3,000 sqft

Office building with a spacious front office, large windows, recently converted LED lighting, two restrooms, and multiple interior offices.

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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.

Commercial Land Parcel
Commercial Land Parcel

Heather Lane, Alma, MI 48801

$49,900
1.00 AC lot

Zoned for commercial, office, and other uses; 1-acre parcel offered with additional land availability.

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Corner Lot in C-2 District
Corner Lot in C-2 District

507 E Grand River Avenue, Portland, MI 48875

$59,900

Corner lot suitable for office or retail business.

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Commercial Land Near Medical Complex
Commercial Land Near Medical Complex

Fashion Square Boulevard, Saginaw, MI 48603

$120,000
2.09 AC lot

Development parcel with public water and stated potential for office, medical, or retail construction.

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Prime Lansing Development Opportunity
Prime Lansing Development Opportunity

709 N. Larch Street, Lansing, MI 48906

$695,000
1.13 AC lot

1.13-acre site ideal for development in the heart of Lansing.

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Ithaca, MI Office Buildings Market Trends and Statistics

Explore 2 office buildings for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 18,417 square feet of properties for sale, with an estimated market value of $528,900.

Sale prices for office properties in Ithaca, MI start at $229,000, averaging $264,450, and reaching up to $299,900 — 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

Office Units 7
Medical Office Space 2
Office buildings 2

Demographics Overview

Population 5,812
Population Growth (5Y) -3.6%
Median Household Income $63,865
College Educated 14.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48847 $264.5K

Taxes & Financing

Tax Rate (average for all types) 3.28%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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