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    Portland, MI
    Retail

    Portland, MI Retail Space for Sale

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    Lyons, MI Sunfield, MI Ionia, MI Muir, MI Grand Ledge, MI Lake Odessa, MI Dewitt, MI Fowler, 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 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.

    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.

    View details
    Zero-Grade Storefront Building
    Zero-Grade Storefront Building

    450 Steele Street, Ionia, MI 48846

    Contact for pricing
    4,080 sqft

    Freestanding retail space with convenient ground-level access, on-site parking, and prominent exposure at a signalized intersection.

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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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    Freestanding Flex Space Building
    Freestanding Flex Space Building

    Lansing, MI 48906

    $178,000

    Two-unit commercial layout with updated exterior components and access to multiple regional highways.

    View details

    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 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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