Retail

Portland, MI Retail Properties & Spaces for Sale

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Lyons, MI Sunfield, MI Ionia, MI Muir, MI Grand Ledge, MI Lake Odessa, MI Dewitt, MI Fowler, MI
Grocery Store With Drive-Up Window
Updated: Apr 11
Grocery Store With Drive-Up Window

1339 Grand River, Portland, MI 48875

Contact for pricing
11,215 sqft
11,215 SF grocery and convenience retail building
Drive‑up window and overhead roll‑up loading door
Multiple coolers with a walk‑in area
36 parking spaces
Traffic signal at the entrance and location just off the freeway
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Downtown Portland Retail Investment Opportunity
Updated: Sep 25, 2025
Downtown Portland Retail Investment Opportunity

117 East Grand River Avenue, Portland, MI 48875

$299,999
0.17 AC lot
Excellent retail location in Portland's thriving downtown business district.
Leased to a profitable restaurant with a liquor license.
Lease terminates in 2027.
Potential for long‑term tenant retention.
Opportunity for future sale to the tenant.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Portland, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Grocery and Convenience Store with Refrigeration
Grocery and Convenience Store with Refrigeration

278 W Maple Street, Muir, MI 48860

$649,000
1,800 sqft 3.34 AC lot

The property includes loading access, parking, and a separate maintenance building with heated shop space.

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Open-Layout Storefront Property
Open-Layout Storefront Property

1201 State Road, Ionia, MI 48846

Contact for pricing
1,492 sqft

Flexible commercial space with broad windows, customer parking, and access to main roads in Ionia.

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Grocery & Convenience Store Building
Grocery & Convenience Store Building

278 W Maple Street, Muir, MI 48860

$649,000

Retail grocery building with large walk-in freezers and refrigerators, plus extensive parking and a back loading dock.

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Established Retail Center in Ionia
Established Retail Center in Ionia

2991 S State Rd, Ionia, MI 48846

Contact for pricing
24,000 sqft

Fully leased retail center in Ionia's primary retail corridor.

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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.

Corner Lot in C-2 District
Corner Lot in C-2 District

507 E Grand River Avenue, Portland, MI 48875

$59,900
0.29 AC lot

Corner lot suitable for office or retail in Portland, MI.

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Ionia Land Near Golf Course
Ionia Land Near Golf Course

Parcel 10 Kingston Road, Ionia, MI 48846

$35,000
1.00 AC lot

One acre building site near Rolling Hills Golf Course.

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Land Near Rolling Hills Golf
Land Near Rolling Hills Golf

Parcel 2 1581 Kelsey Highway, Ionia, MI 48846

$55,000
2.00 AC lot

Two-acre commercial land parcel near downtown Ionia.

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Ionia Land Near Golf Course
Ionia Land Near Golf Course

Parcel 1 1581 Kelsey Highway, Ionia, MI 48846

$64,900
2.72 AC lot

Premium 2.72 acre building site near Rolling Hills Golf Course.

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Portland, MI Retail Properties & Spaces Market Trends and Statistics

Explore 2 retail properties & spaces for sale in Portland, MI on our real estate platform. These investment opportunities span a total of 11,215 square feet of properties for sale, with an estimated market value of $299,999.

Sale prices for stores in Portland, MI average $299,999 — 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

Grocery and convenience stores 3
Storefront properties 1

Demographics Overview

Population 11K
Population Growth (5Y) +5.8%
Median Household Income $92,457
College Educated 36.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48875 $300K

Taxes & Financing

Tax Rate (average for all types) 5.02%
Property Tax per SF $96.50 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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