Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Outlet malls

    1150 W Michigan Ave, Marshall, MI 49068

    6,905 SF 1.31 ac lot Built 1996
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US43-2461969
    Property summary
    AI-generated overview

    This exceptional retail property at 1150 W. Michigan Ave in Marshall, MI, 49068 presents a prime leasing opportunity. The 7,048 square foot building features a street-facing location with expansive storefront windows, ensuring high visibility and accessibility for optimal foot traffic. Currently, 3,435 square feet of space is available for lease, perfect for a variety of retail or commercial uses. The flexible layout allows for efficient floor planning and customizable interiors to suit individual business needs. The property boasts 52 parking spaces, providing ample convenience for customers and employees. Situated on a sizable 63,248 square foot lot, this property offers a prominent presence in a thriving area. Modern amenities and a professionally maintained exterior create a welcoming and dynamic environment. The building's strategic location ensures high brand exposure and attracts a steady stream of potential customers. This is an ideal space for businesses seeking a prominent and adaptable location to connect with their target audience. The property is a multi-tenant building, offering a vibrant and collaborative atmosphere. Don't miss this chance to secure a high-impact retail space in a desirable Michigan location.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1996
    Total area 6,905 SF
    Lot 1.31 ac (57,064 SF)
    Zoning code B4-GEN (IAA)
    APN 53-004-911-01
    UPID US43-2461969
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jake's Fireworks Discount Store Party Supply Store
    • Wild Bill's Tobacco (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $549k
    Blend (final) Blend
    $550k
    Owner & transaction history
    Keith Hoogland Limited Partnership · 8 yrs held
    Keith Hoogland Limited Partnership
    since 2018
    2 recorded transactions
    2018
    2016
    Zoning & alternative use
    B4-GEN (IAA) · Marshall, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $575,000 +34.9%
    Office building $465,000 +9.9%
    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?”
    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