Retail

Portland, MI Retail Space 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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portland, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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

6524 E Saginaw Hwy, Lansing, MI 48917

$2,562,183
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 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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Retail Space with Fenced Dog Park
Retail Space with Fenced Dog Park

2389 N State Road, Ionia, MI 48846

$289,900
1,400 sqft 3.70 AC lot

Adaptable commercial layout with separate lower-level areas, two bathrooms, and broadband availability.

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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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Portland, MI Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Portland, MI on our real estate platform.

Sale prices for retail space 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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