1006 E Colby St - Storefront Retail/Office FOR SALE


Whitehall, MI 49461
$649,900 USD
231-343-7403
1006 E Colby St, Whitehall, MI for Sale
$649,900 USD
Storefront Retail/Office - FOR SALE
1/47
null | Request Cap Rate

1006 E Colby St
Whitehall, MI 49461


HIGHLIGHTS

  • Positioned along Business US-31 with excellent frontage and visibility.
  • Multi-tenant configuration supports investment or owner-user strategies.
  • Existing tenants provide in-place occupancy and future upside potential.
  • Approximately 50 paved parking spaces serve customers and employees.
  • Features loading docks, elevator access, and a full basement.
  • Located within Whitehall's Commercial Rehabilitation District.

OVERVIEW

White Lake Plaza offers a highly visible investment and owner-user opportunity along Colby Street (Business US-31), one of Whitehall's primary commercial corridors. Positioned in the center of the White Lake area's retail and service district, the property benefits from strong daily traffic, established neighboring businesses, and convenient access to both Whitehall and Montague. The location serves year-round residents while also capturing seasonal traffic drawn to the White Lake shoreline, recreational amenities, and regional tourism destinations. The approximately 16,541-square-foot multi-tenant building is situated on roughly 1.5 acres and is currently configured into four suites, providing flexibility for investors seeking income growth or businesses requiring a combination of retail, showroom, office, and storage space. Existing tenancy includes occupied suites under written leases, while remaining space presents opportunities for additional leasing, owner occupancy, or repositioning. The property's layout is enhanced by multiple storefront entrances, offices, restrooms, loading dock access, an elevator, and a full basement supporting a variety of commercial uses. Recent capital improvements, including new EPDM roofing and building system updates, contribute to the property's long-term functionality. Approximately 50 paved parking spaces support customers, employees, and visitors, while a planned illuminated monument sign is expected to further strengthen the property's visibility along this heavily traveled corridor. Located within Whitehall's Commercial Rehabilitation District and zoned B-1 General Business, the property may offer additional value through potential redevelopment, expansion, or qualifying incentive programs, subject to municipal approval.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,686 SF

ZONING

B-1

APN/PARCEL ID

22-270-000-0007-00

ASK ABOUT THIS PROPERTY

Dylan ZunigaFive Star Real EstateMore Info
231-343-7403

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Dylan ZunigaFive Star Real EstateMore Info
231-343-7403

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.