Retail

Portland, MI Retail Properties & Spaces for Sale

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Lyons, MI Sunfield, MI Ionia, MI Muir, MI Grand Ledge, MI Pewamo, MI Eagle, MI Dewitt, MI
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 9 Potential Opportunities for your consideration. Besides 1 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.

Refrigerated Cold Storage Facility
Refrigerated Cold Storage Facility

278 W Maple Street, Muir, MI 48860

$649,000
1,800 sqft 3.34 AC lot

Includes walk-in freezers, refrigerators, rear loading access, and a separate heated shop.

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Retail Space at Street Intersection
Retail Space at Street Intersection

450 S Steele Street, Ionia, MI 48846

Contact for pricing
4,000 sqft

A zero-grade layout and on-site parking support convenient access for retail operations.

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Grocery Building with Cold Storage
Grocery Building with Cold Storage

278 W Maple St, Muir, MI 48860

Contact for pricing
15,684 sqft

Commercially zoned property with refrigerated storage, rear loading access, and a heated maintenance shop.

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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.

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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Commercial Land Parcel
Commercial Land Parcel

State Road, Ionia, MI 48846

$224,900
1.19 AC lot

Commercially zoned land near retail, restaurants, apartments, fitness, and automotive services in Ionia.

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Portland, MI Retail Properties & Spaces Market Trends and Statistics

Explore 1 retail properties & spaces for sale in Portland, MI on our real estate platform.

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 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%

Listings Trend

New vs delisted commercial listings in Ionia County

New Delisted

Total CRE Inventory on Market (SF)

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