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    Ithaca, MI
    Shopping Center

    Ithaca, MI Shopping Centers for Sale

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    North Star, MI Ashley, MI Alma, MI Saint Louis, MI Middleton, MI Perrinton, MI Breckenridge, MI Wheeler, MI
    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
    100% occupied with six tenant spaces
    Approximately 13,632 square feet on a 100‑by‑165‑foot lot
    Brick commercial building constructed in 1987
    Downtown Commercial zoning
    Interior village‑street layout with storefront‑style suites
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ithaca, 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.

    Multi-Storefront Shopping Center
    Multi-Storefront Shopping Center

    Saginaw, MI 48603

    $599,999
    9,920 sqft 0.55 AC lot

    Recent roof, mechanical, electrical, and plumbing upgrades support continued multi-unit retail occupancy.

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    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-Tenant Neighborhood Shopping Center
    Multi-Tenant Neighborhood Shopping Center

    30 N Center Rd, Saginaw, MI 48638

    Contact for pricing
    7.73 AC lot

    Established retail center with restaurant, service, and community-oriented commercial space across two parcels.

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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.

    View details

    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 3
    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%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Gratiot County

    Residential Income

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