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    Ithaca, MI
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    Ithaca, MI Storefront Properties 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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Ithaca, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Live-Work Building with Retail Space
    Live-Work Building with Retail Space

    110 N Newton Street, Middleton, MI 48856

    $45,000
    2,000 sqft 0.05 AC lot

    Two-level property combines a former salon area with an upstairs apartment in downtown Middleton.

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    Historic Two-Level Live-Work Space
    Historic Two-Level Live-Work Space

    Middleton, MI 48856

    $45,000
    2,000 sqft

    Two-level layout combines a former salon area with an upstairs apartment.

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    Mixed-Use Property with Outbuildings
    Mixed-Use Property with Outbuildings

    5705 N State Road, Alma, MI 48801

    $275,000
    23,443 sqft 3.45 AC lot

    Combined residential and commercial property with apartment units, storefront space, office areas, and multiple accessory buildings.

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    Mixed-Use Property with Barn
    Mixed-Use Property with Barn

    5705 N State Road, Alma, MI 48801

    $275,000
    2,579 sqft 3.45 AC lot

    Residential and commercial spaces provide a diversified rental configuration with additional storage and expansion buildings.

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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.

    Commercial Land Parcel
    Commercial Land Parcel

    Saint Louis, MI 48880

    $50,000
    0.51 AC lot

    Vacant commercial parcel with Commercial zoning and cable availability at a St. Louis address.

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    Off-Market Properties in Ithaca, MI

    Consider similar Off-Market properties in Ithaca, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 Pine River St
    Individual retail properties

    115 Pine River St, Ithaca, MI 48847

    Estimated value:
    by Request
    4,818 sqft
    View details

    Ithaca, MI Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties 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 retail units 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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