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    Property profile & analytics
    OFF-MARKET Estimated value $695,000
    Outlet malls

    715 Main St, Eaton Rapids, MI 48827-1427

    11,342 SF 2.64 ac lot Built 1996
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-0838367
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1996
    Total area 11,342 SF
    Lot 2.64 ac (114,998 SF)
    Zoning code GBD
    APN 300 000 626 051 00
    UPID US43-0838367
    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
    • CDReload - Online Bitcoin ATM Crypto Atm Atm
    • Coinhub Bitcoin ATM Teller Atm
    • Rite Aid Pharmacy
    • Rite Aid Pharmacy Pharmacy
    • Rite Aid Photo (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $693k
    Blend (final) Blend
    $695k
    Owner & transaction history
    Orelly Auto Enterprises LLC · 1 yrs held
    Orelly Auto Enterprises LLC
    since 2025
    3 recorded transactions
    2025
    2018
    2007
    $1.7M
    Zoning & alternative use
    GBD · Eaton Rapids, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $880,000 +86.4%
    Auto repair, garage $695,000 +48.0%
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