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    Ithaca, MI
    Retail

    Ithaca, MI Retail Properties & Spaces for Sale

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    Downtown Mixed-Use Building
    Updated: Jun 4
    Downtown Mixed-Use Building

    108 E Center Street, Ithaca, MI 48847

    $299,900
    13,632 sqft 0.38 AC lot
    Fully occupied downtown Ithaca commercial investment property at 108 E. Center Street (The Village Shoppes) with 6 tenant spaces.
    Approximately 13,600 SF brick commercial building built in 1987 on a 100' x 165' lot.
    Scheduled annual rent of approximately $65,600 and 100% occupancy.
    Downtown Commercial zoning and standard elevator serving all floors.
    Unique interior "village street" layout with storefront‑style suites; attractive common areas.
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    Downtown Retail and Office Building
    Updated: Jun 4
    Downtown Retail and Office Building

    108 E Center St, Ithaca, MI 48847

    $299,900
    13,600 sqft
    Brick downtown commercial building built in 1987 with approximately 13,600 SF total on a 100' x 165' lot
    100% occupied with six tenant spaces and scheduled annual rent of approximately $65,600
    Downtown Commercial zoning and a standard elevator serving all floors
    Unique “village street” interior layout with storefront‑style suites for office, retail, and service tenants
    Utilities are landlord paid; street parking and nearby municipal parking available
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    Dollar General in Ithaca, MI
    Dollar General in Ithaca, MI

    1202 E Center St, Ithaca, MI 48847

    $903,390
    9,014 sqft

    Dollar General property in Ithaca, MI for sale.

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    High-Visibility Corner Commercial Building
    High-Visibility Corner Commercial Building

    1126 E Center Street, Ithaca, MI 48847

    $99,000
    1,890 sqft 0.62 AC lot

    1,890 SF single-story building ideal for retail or service businesses.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Ithaca, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Retail Building with Two Fronts
    Downtown Retail Building with Two Fronts

    Saint Louis, MI 48880

    $144,900
    6,400 sqft 0.16 AC lot

    Two-storefront retail building includes renovated north side updates and an unfinished, residential-zoned upper area.

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    Automotive Dealership with Residential Home
    Automotive Dealership with Residential Home

    Saint Louis, MI 48880

    $279,900
    2.88 AC lot

    Commercial property featuring a dealership, outbuilding, and residential home.

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    Mixed-Use Multi-Family with Retail
    Mixed-Use Multi-Family with Retail

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Four fully rented apartments plus a leased commercial building provide combined residential and income-producing space.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    Alma, MI 48801

    $375,000
    3.45 AC lot

    3.45-acre property with residential and commercial rental income.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Downtown Alma
    Commercial Land in Downtown Alma

    323 W Superior St, Alma, MI 48801

    $750,000
    1.30 AC lot

    1.3 acres of commercial land near Alma College.

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    Commercial Land Parcel
    Commercial Land Parcel

    Heather Lane, Alma, MI 48801

    $49,900
    1.00 AC lot

    Zoned for commercial, office, and other uses; 1-acre parcel offered with additional land availability.

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    Build-Ready Double Commercial Lot
    Build-Ready Double Commercial Lot

    Saint Louis, MI 48880

    $50,000
    0.51 AC lot

    Build-ready commercial lot with easy access and parking/outdoor flexibility, formerly associated with Tony's Restaurant.

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    Commercial Land For Sale, Alma
    Commercial Land For Sale, Alma

    Smith Road, Alma, MI 48801

    $49,900
    1.00 AC lot

    One acre of commercial land available in Alma, Michigan.

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    Off-Market Properties in Ithaca, MI

    Consider similar Off-Market properties in Ithaca, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 Pine River St
    Individual retail properties

    115 Pine River St, Ithaca, MI 48847

    Value Estimation by Request
    4,818 sqft
    View details

    Ithaca, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 5 retail properties & spaces for sale in Ithaca, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 38,136 square feet of properties for sale, with an estimated market value of $1,602,190.

    Sale prices for stores in Ithaca, MI start at $99,000, averaging $400,547, and reaching up to $903,390 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 4
    Shopping centers 2
    Grocery and convenience stores 1

    Demographics Overview

    Population 5,812
    Population Growth (5Y) -3.6%
    Median Household Income $63,865
    College Educated 14.4%

    High-Yield Neighborhoods for Investment

    Identify Ithaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48847 $519.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.28%
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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