Retail

Portland, MI Retail Space for Sale

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Sunfield, MI Ionia, MI Grand Ledge, 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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Portland, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Iconic Mixed-Use Stevenson Building
Iconic Mixed-Use Stevenson Building

405 W Main Street, Ionia, MI 48846

$700,000
11,386 sqft · 0.21 AC lot

Fully leased mixed-use property with value-add potential in downtown Ionia.

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Ground-Leased Retail/Restaurant Building
Ground-Leased Retail/Restaurant Building

6524 W Saginaw Hwy, Lansing, MI 48917

$2,795,000
6,893 sqft

Well-maintained 6,893 SF ground-leased building built in 2003, zoned C, with newly extended 15-year lease.

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Retail Space in Delta Township
Retail Space in Delta Township

707-739 Brookside Drive, Lansing, MI 48917

Contact for pricing
24,176 sqft

Retail space available in Delta Township retail center on Saginaw Highway.

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Downtown Belding Commercial Building
Downtown Belding Commercial Building

403 W Main Street, Belding City, Ionia, MI 48809

$159,000
1,456 sqft · 0.20 AC lot

Affordable commercial building in downtown Belding suitable for various businesses.

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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.

Prime PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Portland, MI Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Portland, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,999.

Sale prices for retail space in Portland, MI start at $299,999, averaging $299,999, and reaching up to $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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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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