125 S Michigan Ave - Department Store FOR SALE


Big Rapids, MI 49307
$2,000,000 USD
810-733-0761
125 S Michigan Ave, Big Rapids, MI for Sale
$2,000,000 USD
Department Store - FOR SALE
1/2
null | Request Cap Rate

NEW


125 S Michigan Ave
Big Rapids, MI 49307


HIGHLIGHTS

  • Downtown location just steps from local dining, shopping, and services.
  • Approximately 20,000 sq. ft. of adaptable retail space available.
  • Accessible city parking conveniently located nearby.
  • Within close proximity to Ferris State University, supporting steady traffic.
  • Positioned near U.S. Highway 131 for regional access.

OVERVIEW

This prominent commercial property offers a highly visible location in the heart of downtown Big Rapids. Positioned along South Michigan Avenue, the site benefits from consistent pedestrian and vehicular traffic. The property is within walking distance of numerous local businesses, municipal offices, and community amenities, making it an attractive site for a variety of retail or service-oriented users. City parking options enhance accessibility for customers and employees, while the proximity to Ferris State University provides an additional source of foot traffic and potential clientele. The flexible floor plan and open interior layout make it adaptable for a range of uses, from apparel retail to specialty shops or services. Situated near major roadways and less than two miles from U.S. Highway 131, the property ensures strong connectivity to regional markets and surrounding residential communities. This is a rare opportunity to secure a centrally located downtown retail presence in a vibrant, established business district.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

JCPenney

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

5417-014-103-006

ASK ABOUT THIS PROPERTY

Jeff HurandMDI Real Estate ServicesMore Info
810-733-0761

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

Jeff HurandMDI Real Estate ServicesMore Info
810-733-0761

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