Investment Overview
Coldwell Banker Commercial, Schmidt Realtors is pleased to offer for Sale a retail building located on North Michigan Avenue in Big Rapids, Michigan. The building offers an owner/user or investor the opportunity to acquire a larger retail building and 50 space parking lot in the Downtown Big Rapids area. The building has been previously used as both a Sears & Robuck location and as a grocery store. The building has been well maintained and a new roof was recently installed. Previous tenant installed a new HVAC system and upgraded both plumbing and electrical services.
Investment Highlights
- Abundant Parking: Includes a dedicated 50-space private parking lot, a rare and high-value asset in Downtown Big Rapids.
- Prime Geographic History: Proven retail location with a legacy of high-traffic tenants (formerly Sears & Roebuck and grocery
- Turn-Key Infrastructure: Recently installed roof and upgraded HVAC, plumbing, and electrical systems
- Modern Interior Build-out: Features a redesigned Main Street entrance, professional conference space, and multiple private offices/storage areas.
- Multi-Tenant Potential: Intelligently designed for easy division into up to three separate units to maximize rental income.