For Sale
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Property summary
The property is a 10,500 square-foot retail building located on North Michigan Avenue in Big Rapids, Michigan, with on-site parking for 50 vehicles and an additional second designated paved lot providing parking and alley access. The building has a history of use as a Sears & Roebuck store and a grocery store and includes a main street entrance that has been redesigned and partially built out, featuring an ADA-compliant restroom, reception area, conference space, and multiple office and storage areas. The central portion of the building contains two locker rooms with showers, and a separate rear area provides flexibility for an additional business or tenant. A separate rear tenant area of approximately 2,000 square feet has an existing customer restroom serving that use. Building systems and components include a replaced roof and prior tenant upgrades to the HVAC system, plumbing, and electrical service, and the exterior has been maintained with exterior cleaning and repainting.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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