What is the asking price for Downtown Retail Building & 50 Space Parking Lot?

The lease rate for space here is Contact for pricing.

What is the total size of Downtown Retail Building & 50 Space Parking Lot?

The property has a total square footage of 10,500 SF.

How many parking spaces are available at Downtown Retail Building & 50 Space Parking Lot?

Parking information for the property isn't currently listed. However, other nearby parking options include LOT 71 C5, located 0.79 miles away , and LOT 10 C6, which is 0.80 miles away.

310 N Michigan Ave, Big Rapids, MI 49307

For Sale $449,900
Property Type Retail - Freestanding
Property Size 10,500 SF
Date Updated Jan 20, 2026

Description

Located on North Michigan Avenue in Downtown Big Rapids, Michigan.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. **Seller offering owner financing/land contract terms. 20% Down, 8% Interest, 20 yr Amortization with a 5 year Balloon payment. Buyer responsible for taxes and insurance.**

Highlights

Abundant Parking: Includes a dedicated 50-space private parking lot, a rare and high-value asset in Downtown Big Rapids.
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.
Owner financing/land contract terms: 20% Down, 8% Interest, 20 yr Amortization with a 5 year Balloon payment. Buyer responsible for taxes and insurance.
Prime Geographic History: Proven retail location with a legacy of high-traffic tenants (formerly Sears & Roebuck and grocery
Seller offering owner financing/land contract terms. 20% Down, 8% Interest, 20 yr Amortization with a 5 year Balloon payment. Buyer responsible for taxes and insurance.
Turn-Key Infrastructure: Recently installed roof and upgraded HVAC, plumbing, and electrical systems