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217-231 N Main St 7,000 SF 100% Leased Retail Building Plymouth, MI 48170 $1,495,000 ($213.57/SF)
Investment Highlights
- Rare opportunity for investment in Downtown Plymouth!
- Heavy day time traffic with easy freeway access!
- Potential for redevelopment to mixed use, car wash or fast food w drive-thru!
Executive Summary
Forward Commercial Group (FCG) is pleased to offer for sale 217-231 N. Main Street in Plymouth, Michigan. The property presents a rare opportunity to acquire a strategically positioned commercial asset offering both in-place income from existing retail/office building with upside potential to add on/build in rear of property or future redevelopment of entire site. The property consists of approximately 0.73 acres with approximately 102 feet of frontage and 302 feet of depth, offering excellent site functionality, strong
ingress/egress via existing curb cuts, and long-term redevelopment flexibility.
The site is currently improved with a 6,870 square foot, well-maintained, fully occupied retail/office building
providing interim in-place cash flow while positioning the property for future redevelopment supported by
its B-3 zoning classification, favorable site characteristics, and strong infill location within one of Metro
Detroit’s most desirable suburban markets
Please do not disturb tenants.
ingress/egress via existing curb cuts, and long-term redevelopment flexibility.
The site is currently improved with a 6,870 square foot, well-maintained, fully occupied retail/office building
providing interim in-place cash flow while positioning the property for future redevelopment supported by
its B-3 zoning classification, favorable site characteristics, and strong infill location within one of Metro
Detroit’s most desirable suburban markets
Please do not disturb tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
1883
Price
$1,495,000
Price Per SF
$213.57
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.22
Lot Size
0.73 AC
Zoning
B-3 - Commercial Zoned District
Parking
35 Spaces (5 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bridal Couture Of Plymouth
- Retailer
- -
- -
- -
- D & D Embroidery Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Highest Healing Bodyworks
- Services
- -
- -
- -
- Mike Staff Productions
- Arts, Entertainment, and Recreation
- -
- -
- -
- O'Donnell Electric
- Construction
- -
- -
- -
- Plymouth District Public Library
- Information
- -
- -
- -
- Professional Billing Llc
- Professional, Scientific, and Technical Services
- -
- -
- -
No Website/
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bridal Couture Of Plymouth | Retailer | - | - | - | ||
| D & D Embroidery Inc | Professional, Scientific, and Technical Services | - | - | - | ||
| Highest Healing Bodyworks | Services | - | - | - | ||
| Mike Staff Productions | Arts, Entertainment, and Recreation | - | - | - | ||
| O'Donnell Electric | Construction | - | - | - | ||
| Plymouth District Public Library | Information | - | - | - | ||
| Professional Billing Llc | Professional, Scientific, and Technical Services | - | - | - | ||
| Robert Arlen | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-005-10-0105-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $230,300 |
Property Taxes
Parcel Number
49-005-10-0105-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$230,300
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217-231 N Main St
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