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Property profile & analytics
FOR LEASE
Strip malls

1830 172Nd Ave Grand Haven, MI 49417

31,200 SF 4.03 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US43-2230936
Property summary
AI-generated overview

South Village Plaza, located at 1830 172nd Ave, Grand Haven, MI 49417, presents a compelling investment opportunity in a thriving retail market. This single-story, 31,034 square foot Class B shopping center, built in 1996, offers multiple tenancy options. The property is zoned commercial (APN 70-03-33-201-004) and conveniently situated near Robbins Rd, just 1.5 miles south of Downtown Grand Haven. Currently, three retail spaces are available, ranging from 997 to 3,173 square feet, each commanding a rental rate of $13.00 per square foot. Specifically, Suite C offers 1,600 square feet, Suite D-2 provides 997 square feet, and Suite K boasts 3,173 square feet of space. This presents a unique chance to acquire a well-located retail property with immediate income potential. The property's strategic location and flexible space options make it ideal for a variety of retail businesses seeking a presence in a bustling community. The single-building structure simplifies management, and the established tenant base contributes to a stable income stream. This is an exceptional opportunity for investors seeking a strong return on investment in a desirable Michigan market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Total area 31,200 SF
Lot 4.03 ac (175,547 SF)
APN 70-03-33-201-004
UPID US43-2230936
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
  • Haven Financial LLC - ATM Business | ATM Dealer | ATM Distributor | Credit/Debit Card Processing Atm Business To Business Service
  • Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
  • Pampered Pups Dog Grooming Pet Grooming Service
  • Sweet Fire Tobacco (Bike/Boat/Book/etc) Store
  • Powerhouse Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k
Owner & transaction history
Stonegate Investment Properties LLC · 5 yrs held
Stonegate Investment Properties LLC
since 2021
3 recorded transactions
2025
Price N/A
2021
Price N/A
2017
$91,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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