Shopping Center

Ithaca, MI Shopping Centers for Sale

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Downtown Mixed-Use Building
Updated: Jun 4
Downtown Mixed-Use Building

108 E Center Street, Ithaca, MI 48847

$299,900
13,632 sqft 0.38 AC lot
Fully occupied downtown Ithaca commercial investment property at 108 E. Center Street (The Village Shoppes) with 6 tenant spaces.
Approximately 13,600 SF brick commercial building built in 1987 on a 100' x 165' lot.
Scheduled annual rent of approximately $65,600 and 100% occupancy.
Downtown Commercial zoning and standard elevator serving all floors.
Unique interior "village street" layout with storefront‑style suites; attractive common areas.
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Downtown Retail and Office Building
Updated: Jun 4
Downtown Retail and Office Building

108 E Center St, Ithaca, MI 48847

$299,900
13,600 sqft
Brick downtown commercial building built in 1987 with approximately 13,600 SF total on a 100' x 165' lot
100% occupied with six tenant spaces and scheduled annual rent of approximately $65,600
Downtown Commercial zoning and a standard elevator serving all floors
Unique “village street” interior layout with storefront‑style suites for office, retail, and service tenants
Utilities are landlord paid; street parking and nearby municipal parking available
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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 Ithaca, 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.

Shopping Mall with Rental Income
Shopping Mall with Rental Income

201 S Washington St, Owosso, MI 48867

Contact for pricing
35,775 sqft

Shopping mall with established tenants and potential for growth.

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Multi-Storefront Retail Property
Multi-Storefront Retail Property

Saginaw, MI 48603

$599,999
9,920 sqft 0.55 AC lot

Multi-storefront retail property with recent system upgrades, totaling 9,920 SF on 0.55 acres in Saginaw.

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Commercial Retail Investment Opportunity
Commercial Retail Investment Opportunity

Saginaw, MI 48609

$1,900,000
6.93 AC lot

53,726 SF retail property with long-term tenants and 90% occupancy.

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Retail Center Anchored by Walmart
Retail Center Anchored by Walmart

1560 E Main St, Owosso, MI 48867

Contact for pricing
50,508 sqft

Retail property with M-21 frontage and abundant parking.

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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.

Elms Road Development Opportunity
Elms Road Development Opportunity

3452-3466-3480 Elms, Flushing, MI 48433

$650,000
1,342 sqft 10.90 AC lot

10.9 acres with frontage on Elms Rd, Flushing.

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Corner Development Land With Long Frontage
Corner Development Land With Long Frontage

3452-3466-3480 Elms Road, Flushing, MI 48433

$650,000
1,342 sqft 10.90 AC lot

10.9-acre development site with 494-foot road frontage and a rental home, zoned for C-2 and residential uses.

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Commercially Zoned Development Land
Commercially Zoned Development Land

435 28th Street, Grand Rapids, MI 49548

$399,000
0.97 AC lot

Commercially zoned land site offered for shopping center, fast food, or service station development.

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Prime Land in Byron Center
Prime Land in Byron Center

82-136 100th Street, Byron Center, MI 49315

$1,995,000
3.20 AC lot

Versatile land with high traffic, ideal for various commercial uses.

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Ithaca, MI Shopping Centers Market Trends and Statistics

Explore 2 shopping centers for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 27,232 square feet of properties for sale, with an estimated market value of $599,800.

Sale prices for plazas in Ithaca, MI average $299,900 — 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

Storefront properties 5
Shopping centers 2
Grocery and convenience stores 1

Demographics Overview

Population 5,812
Population Growth (5Y) -3.6%
Median Household Income $63,865
College Educated 14.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48847 $299.9K

Taxes & Financing

Tax Rate (average for all types) 3.28%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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