204 Buttles StMidland, MI 48640

For Sale
$495,000

Downtown Midland, MI retail investment

Overview

Added:
Dec 11, 2024
Days on market:
94
This 1,680 sq ft, Class B shopping center/storefront in downtown Midland, MI, presents a compelling investment opportunity. Built in 2004, the property features two units, one currently operating as a barbershop and the other vacant, offering flexibility for owner-occupancy or leasing. Situated on a 0.331-acre lot with 17 parking spaces—a rare find in the downtown area—the property boasts high visibility on the corner of Buttles Street. Its prime location offers excellent potential for reuse or redevelopment, aligning with the revitalization of the surrounding area. Nearby developments include the Trinseo Building, 1st State Bank Building, the Stiffel building, and new condos. The property's zoning is COMMERCIAL, and the asking price is $495,000, translating to $294.64 per square foot. The property's versatility makes it suitable for various uses, from owner-occupancy with potential rental income to complete redevelopment. Consider the value of the land itself, given the ongoing development in the vicinity. This is a unique chance to acquire a well-located property with significant upside potential in a thriving downtown setting.

Highlights

  • $495,000 asking price for this Midland, MI retail property.
  • 1,680 square foot, Class B shopping center/storefront with two units.
  • Located on a 0.331-acre lot with 17 parking spaces in downtown Midland, MI.
  • Built in 2004, this single-story building offers high visibility and redevelopment potential.
  • Currently features a barber shop and one vacant unit, ideal for owner-occupancy or leasing.

Property Details for 204 Buttles St

Property type
Lifestyle centers, Power centers
Square Feet
1,680 SF
Class
B
Year Built
2004
Stories
1
Lot Size (sq. ft)
14,418 SF
Units
2

Location Insight

City
Midland
County
Midland
State
Michigan
Latitude
43.6159191
Longitude
-84.2437984
204 Buttles St, Midland, Michigan

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204 Buttles St
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