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2264 W Main St
Lowell, MI 49331
Retail Property For Sale
Investment Highlights
- Built in 2021 with modern systems and security in place.
- Zoned C-3 with no deed restrictions; multiple use options.
- High visibility along M-21 with over 14,000 cars per day.
- Potential for drive-thru configuration.
Executive Summary
This free-standing retail property offers 5,318 square feet of modern space on a 0.96-acre site along M-21 in Lowell, Michigan. Built in 2021, the building features a security system and updated infrastructure, including a roof and HVAC system less than four years old. Zoned C-3, the property supports a wide range of uses, including coffee shop, café, restaurant, bank, retail, or even medical marijuana operations.
The site benefits from excellent visibility and high traffic counts, with over 14,000 vehicles passing daily. It also has the potential to accommodate a drive-thru, adding flexibility for future tenants or owners. There are no deed restrictions, making this an attractive option for investors or owner-users seeking a versatile retail location in a growing market.
The sale price has been reduced to $1,250,000 ($235.05 per square foot), offering strong value for a recently constructed property in a prime corridor.
The site benefits from excellent visibility and high traffic counts, with over 14,000 vehicles passing daily. It also has the potential to accommodate a drive-thru, adding flexibility for future tenants or owners. There are no deed restrictions, making this an attractive option for investors or owner-users seeking a versatile retail location in a growing market.
The sale price has been reduced to $1,250,000 ($235.05 per square foot), offering strong value for a recently constructed property in a prime corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,318 SF
Building Class
C
Year Built/Renovated
2021/2024
Price
$1,716,225 CAD
Price Per SF
$322.72 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.96 AC
Zoning
C-3 - Commercial Zoned District
Parking
25 Spaces (4.7 Spaces per 1,000 SF Leased)
Frontage
86’ on Main St
Amenities
- Signage
Property Taxes
| Parcel Number | 41-20-03-385-013 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $725,250 CAD |
Property Taxes
Parcel Number
41-20-03-385-013
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$725,250 CAD
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