Technical
Financial
Distress signals
Property profile

104 Perry Ave Big Rapids, MI 49307

OFF-MARKET
Retail properties & Spaces
3,269 SF 0.7 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at the prominent corner of Perry and State Streets in Big Rapids, Michigan, presents a unique opportunity for a variety of businesses. The former Huntington Bank branch offers 3,269 square feet of space spread across two levels, featuring a valuable three-lane drive-thru. The property sits on a 0.7-acre lot and is zoned for commercial use, with the APN listed as 5417-15-436-003. Currently vacant, the entire building is available for lease as a single-tenant space. Its previous use as a bank makes it ideally suited for financial institutions, but the flexible zoning allows for a range of possibilities. The high visibility corner location ensures excellent exposure to traffic on two major streets. This property is particularly attractive for businesses seeking a ready-to-occupy space or those considering redevelopment. Potential uses include, but are not limited to, restaurants, offices, and retail establishments. The building's existing infrastructure, including the drive-thru, presents significant advantages for adaptive reuse or build-to-suit projects. A ground lease may also be a viable option. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving Michigan community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,269 SF
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm

Location

104 Perry Ave Big Rapids, MI 49307
Big Rapids metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 104 Perry Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message