715 Main St, Eaton Rapids, MI 48827-1427
This exceptional 10,760-square-foot commercial property, situated on a 1.3-acre lot in Eaton Rapids, Michigan, presents a unique investment opportunity. Previously occupied by a Rite Aid Pharmacy for over 25 years, generating nearly $9 million in annual sales, this Class A building boasts a prime location with excellent frontage and visibility on S Main St (715 S Main St, 48827). Built in 1996, the single-story structure offers a spacious, single-tenant layout, currently vacant and ready for immediate occupancy. Key features include a convenient drive-thru, a rear storage door ideal for truck deliveries, ample parking, and a premier building entrance. The property's recent exterior renovation enhances its curb appeal. The large lot size and high-traffic location make it suitable for a variety of retail uses. The space is adaptable and can be subdivided into smaller suites to accommodate multiple tenants, if desired. This is a rare chance to acquire a well-established retail space in a thriving Michigan community. The property is zoned for commercial use and offers significant potential for a new business or expansion.
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Rite Aid Pharmacy
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Rite Aid Pharmacy Pharmacy
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Rite Aid Photo (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GBD · Eaton Rapids, MIEaton Rapids. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.