Property profile

1150 W Michigan Ave Marshall, MI 49068

FOR LEASE
Outlet malls
Property ID
US43-2461969
6,905 SF 1.31 ac lot Built 1996
Entity Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Discount Store Party Supply Store
  • (Bike/Boat/Book/etc) Store

Location

1150 W Michigan Ave Marshall, MI 49068
Marshall metro Census 4000 BATTLE CREEK, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$549k
Blend (final) Blend
$395k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2016
Price N/A

Zoning & alternative use

B4-GEN (IAA) · Marshall, MI
Top alternative use upside
Restaurant $575,000 +34.9%
Office building $465,000 +9.9%

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?”
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