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Investment Highlights

  • Approximately 0.59 acres of commercially zoned land ready for development.
  • Utilities stubbed in, minimizing development lead time.
  • Previously home to a national chain; parking lot remains in place.
  • Drive-thru use permitted, ideal for quick-service or retail concepts.
  • Located on W. Michigan Avenue with strong traffic counts and visibility.

Executive Summary

This commercial land parcel offers a prime development opportunity in the heart of Three Rivers, Michigan. Spanning approximately 0.59 acres, the site is zoned for commercial use and is ideally suited for retail or service-oriented businesses. The property previously housed a national chain, and while the structure has been removed, a paved parking lot remains in place, providing immediate utility for future development. Drive-thru use is permitted, making it an attractive option for quick-service restaurants or similar concepts.
Utilities are stubbed in, reducing upfront infrastructure costs for developers. Located along W. Michigan Avenue (M-60), the site benefits from strong visibility and easy access to major thoroughfares, including US-131, which sees significant traffic volumes. The surrounding area features a mix of retail and service businesses, ensuring a steady flow of potential customers. Offered at $75,000, this property represents a cost-effective entry point for investors or operators seeking a well-positioned site in a growing market.

Property Facts

Price $75,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • Garden Center
  • General Freestanding
  • Healthcare
  • Lodge or Meeting Hall
  • Medical
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Open Space
  • Parking Lot
  • Post Office
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Supermarket
  • Veterinarian or Kennel
  • Warehouse
Total Lot Size 0.59 AC
Opportunity Zone Yes
Zoning B-2 - Retail, Commercial

1 Lot Available

Lot

Price $75,000
Price Per AC $127,118.64
Lot Size 0.59 AC

Drive-thru approved

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
051-399-117-00
Land Assessment
$112,100
Improvements Assessment
$0
Total Assessment
$112,100
  • Listing ID: 39823097

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 1005 W Michigan Ave, Three Rivers, MI 49093

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