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Freestanding Storefront + Pylon Signage 126 S West St 2,300 SF Vacant Retail Building Online Auction Sale Lowell, MI 49331
Matterport 3D Tour
Investment Highlights
- 126 S West Street presents a freestanding retail storefront spanning 2,300 square feet on a 0.3-acre parcel zoned Commercial.
- Delivered vacant to the market, presenting immediate upside for a user to move in and begin operating a business that is community-driven.
- Michigan boasts a low 6% corporate income tax, a diverse talent pool, and convenient proximity to major markets, an ideal investment landscape.
- More than 13,500 daily vehicles drive along W Main Street, where the subject sits just off the intersection corner for easy access.
- Per Michigan's Economic Development, the state is very business-friendly with a competitive tax structure, robust economy, and development incentive
- National brands lining the Main Street corridor include Jimmy John’s, Walgreens, Starbucks, Little Caesars Pizza, McDonald’s, and Speedway.
Executive Summary
Retained exclusively by ownership, Cresa presents 126 S West Street, a 2,300-square-foot freestanding retail building, nestled along Lowell’s Main Street commercial corridor.
126 S West Street was a former cannabis dispensary retail shop and features large building signage, prominent pylon signage, an outdoor covered seating area, and multiple surface parking spaces. The building sits just off the S West and W Main Street intersection, and is adjacent to a local pizzeria, Speedway gas station and convenience store, and a Jeep dealership, further driving traffic and consumer spending to the immediate area.
The Main Street corridor is lined with numerous national and local, internet-resistant establishments, emphasizing commercial synergy. In the downtown area, where Main Street crosses over the Flat River, sidewalks are lined with antique stores, clothing boutiques, and restaurants. To the west of downtown, chain businesses are more common, including a Meijer grocery store.
Lowell sits less than 20 miles outside of Grand Rapids, Michigan, and includes both the city of Lowell and the Lowell Charter Township - the land surrounding the actual city of Lowell. Lowell offers abundant nature and culture, while being minutes from big-city conveniences. The subject's 10-mile radius is home to a growing population of 71,000 residents with an affluent average household income exceeding $143,000. Over $1 billion is generated annually from the realm’s powerful consumer spending power.
Property tours are by appointment only. Please contact the listing broker to schedule.
126 S West Street was a former cannabis dispensary retail shop and features large building signage, prominent pylon signage, an outdoor covered seating area, and multiple surface parking spaces. The building sits just off the S West and W Main Street intersection, and is adjacent to a local pizzeria, Speedway gas station and convenience store, and a Jeep dealership, further driving traffic and consumer spending to the immediate area.
The Main Street corridor is lined with numerous national and local, internet-resistant establishments, emphasizing commercial synergy. In the downtown area, where Main Street crosses over the Flat River, sidewalks are lined with antique stores, clothing boutiques, and restaurants. To the west of downtown, chain businesses are more common, including a Meijer grocery store.
Lowell sits less than 20 miles outside of Grand Rapids, Michigan, and includes both the city of Lowell and the Lowell Charter Township - the land surrounding the actual city of Lowell. Lowell offers abundant nature and culture, while being minutes from big-city conveniences. The subject's 10-mile radius is home to a growing population of 71,000 residents with an affluent average household income exceeding $143,000. Over $1 billion is generated annually from the realm’s powerful consumer spending power.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
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- Purchase Agreement
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Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
2,300 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.30 AC
Parcel Number
41-20-02-353-002
Zoning
C3 - Commercial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
3,728
12,672
18,021
2020 Population
3,458
11,693
16,861
2030 Population
3,858
13,118
18,578
2025-2030 Projected Population Growth
3.5%
3.5%
3.1%
Daytime Employees
2,573
3,784
4,568
Total Businesses
328
522
638
Average Household Income
$84,958
$103,566
$109,395
Median Household Income
$71,495
$88,941
$93,215
Total Consumer Spending
$43.3M
$164.6M
$238.8M
Median Age
39.1
39.8
40.4
2025 Households
1,502
4,813
6,708
Percent College Degree or Above
17%
19%
19%
Average Home Value
$298,446
$345,817
$371,002
$ values in USD
Nearby Major Retailers
Sale Advisors
Sale Advisors
Skyler Peppo, Advisor
Skyler works with national retailers to optimize their real estate portfolios through strategic management, with experience across dispositions, restructuring, and market expansion.
Marcus Cook, Managing Principal
Marcus Cook is a recognized expert in the commercial real estate industry, with a strong focus on retail properties as well as portfolio management within the industrial and flex sector. With over two decades of experience, Marcus is known for delivering customized real estate solutions that maximize value for retail brands, investors, and developers. He has also played a pivotal role in startup retail brand expansion, global portfolio management, and guiding existing and emerging businesses through strategic site selection and leasing solutions to scale their operations effectively.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Marlo Lashley
Contact
Auctioneer License:
Ten-X, LLC Arlene Richardson RE Brkr 6505431586
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Freestanding Storefront + Pylon Signage | 126 S West St
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Freestanding Storefront + Pylon Signage | 126 S West St
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