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Investment Highlights

  • Located among national retailers including Meijer, Walmart, Walgreens, and Starbucks.
  • Adjacent to recent and ongoing development activity.
  • Suitable for future commercial or mixed-use development subject to approvals.
  • Direct exposure along the US-131 commercial corridor.
  • Access available from Millard Road and US-131.
  • Large contiguous land tract in an established retail trade area.

Executive Summary

Land neighboring Meijer, Walgreens, Walmart, Starbucks, Culver's, Jimmy Johns, Advanced Auto Parts and more. Access from Millard & US-131. Adjacent to new development. Excellent for commercial or multi-family development, rezoning required. Land currently zoned agricultural. Excellent opportunity for commercial development. Developer must complete a PA 425 to access utilities. Hook up charges and assessments may apply. US 131 access is a 66-foot easement next to Culver's.

Property Facts

Price $2,025,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 28.14 AC
Cross Streets Millard
Zoning B & R-2 - Business & Residential

1 Lot Available

Lot

Price $2,025,000
Price Per AC $71,961.62
Lot Size 28.14 AC

Land currently zoned agricultural. Excellent opportunity for commercial development. Developer must complete a PA 425 to access utilities. Hook up charges and assessments may apply. US 131 access is a 66-foot easement next to Culver's.

Description

US-131 & Millard presents an opportunity to acquire approximately 28.14 acres positioned within one of Three Rivers' most active commercial corridors. The site benefits from visibility and access along US-131, a major north-south route connecting Southwest Michigan communities and regional markets. Located near established national retailers including Meijer, Walmart, Walgreens, Starbucks, Culver's, Jimmy John's, and Advance Auto Parts, the property is situated within an existing retail concentration that generates consistent consumer activity and supports future commercial growth. The land is adjacent to newer development activity and offers a scale that can accommodate a variety of commercial or mixed-use concepts, subject to required approvals and rezoning. Its location at the intersection of US-131 and Millard Road provides convenient access for residents, commuters, and visitors traveling throughout St. Joseph County and the broader Kalamazoo region. Three Rivers serves as a regional service center for surrounding communities, supporting retail, healthcare, manufacturing, and distribution-related demand. The property's size, frontage, and position among established national retailers create flexibility for developers, investors, and owner-users seeking a future commercial project in a proven trade area. Access to the site includes a 66-foot easement from US-131 adjacent to Culver's. Utilities may be available through completion of a PA 425 agreement, providing a pathway for future development. The combination of regional highway exposure, surrounding commercial activity, and nearby development momentum supports the property's long-term development potential.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 28040465

  • Date on Market: 3/22/2023

  • Last Updated:

  • Address: US-131, Three Rivers, MI 49093

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