Retail Space - For Sale
515 East Chicago Street Coldwater, MI 49036
Details & Description
Price: $799,000
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.930
  • Building Sq Ft 6,784
  • Building Price per Sq Ft $117.78
  • Land Sq Ft 40,510
  • Land Price per Sq Ft $19.72
AVAILABLE FOR SALE: 6,784 SF former Advance Auto Parts building on 0.93-acre parcel in Coldwater, MI. Constructed in 2007 with large, open-concept retail space, 2 single-fixture ADA-compliant restrooms and an overhead door. Site offers 38 parking spaces, pylon signage, great visibility - with 171’ of frontage on E. Chicago St./US-12 - and access from E. Chicago St./US-12, N. Michigan Ave. and Teeter Dr. Well located just west of I-69, adjacent tenants include Comfort Inn & Suites, Dunham’s Sports, Walgreens, Rite Aid, Best Western, Taco Bell, KFC, Wendy’s, Culver’s, Ponderosa Steakhouse, Arby’s, McDonald’s and Pizza Hut. Property leased by Advance Auto through 6/30/22 at $10,411+/month, Triple Net. Opportunity to redevelop for new tenant(s) with lease termination.
Listing Agents
Jodi Milks
NAI Wisinski of West Michigan
O: 269-459-0439
M: 269-207-1040
jodim@naiwwm.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

515 East Chicago Street

Coldwater, MI 49036

Listing ID: 230898
$799,000
For Sale
  • Property Type Retail for Sale : Free Standing Building
  • Lot Size Acres 0.930
  • Building Sq Ft 6,784
  • Building Price per Sq Ft $117.78
  • Land Sq Ft 40,510
  • Land Price per Sq Ft $19.72
Description

AVAILABLE FOR SALE: 6,784 SF former Advance Auto Parts building on 0.93-acre parcel in Coldwater, MI. Constructed in 2007 with large, open-concept retail space, 2 single-fixture ADA-compliant restrooms and an overhead door. Site offers 38 parking spaces, pylon signage, great visibility - with 171’ of frontage on E. Chicago St./US-12 - and access from E. Chicago St./US-12, N. Michigan Ave. and Teeter Dr. Well located just west of I-69, adjacent tenants include Comfort Inn & Suites, Dunham’s Sports, Walgreens, Rite Aid, Best Western, Taco Bell, KFC, Wendy’s, Culver’s, Ponderosa Steakhouse, Arby’s, McDonald’s and Pizza Hut. Property leased by Advance Auto through 6/30/22 at $10,411+/month, Triple Net. Opportunity to redevelop for new tenant(s) with lease termination.

Listing Demographics for 515 East Chicago Street Coldwater, MI 49036

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population3,46214,01320,199
Population Median Age363941
Population by Age0-9 Yrs591 (17%)1794 (12%)2420 (11%)
10-19 Yrs471 (13%)1677 (11%)2314 (11%)
20-29 Yrs573 (16%)1899 (13%)2490 (12%)
30-39 Yrs431 (12%)1988 (14%)2710 (13%)
40-49 Yrs279 (8%)1442 (10%)2163 (10%)
50-59 Yrs508 (14%)1954 (13%)2949 (14%)
60-69 Yrs242 (6%)1721 (12%)2701 (13%)
70+ Yrs367 (10%)1538 (10%)2452 (12%)
Median HH Income$39,742$44,777$49,253
Total Household Income< 24K331 (26%)1147 (22%)1634 (22%)
25-49K399 (32%)1491 (29%)2113 (28%)
50-74K290 (23%)1122 (22%)1605 (21%)
75-99K130 (10%)585 (11%)930 (12%)
100-199K89 (7%)551 (11%)999 (13%)
200K+5 (0%)92 (1%)139 (1%)
Highest Education LevelNo Diploma36411431542
Diploma or GED88039846009
Some College46324623675
Assoc. Degree1578171152
Bachelors Degree1749391394
Higher Degree45348572
Total Housing Units1,3345,3878,744
--Owner-Occupied6682,9314,896
--Renter-Occupied5752,0582,524
Owner-Occupied Values< 100K46717432582
100-199K1858801460
200-299K16226576
300-399K042133
400-499K03097
500K+1949
Total Working Age Population2,66511,25616,408
In Work Force1,4605,8998,732
Not In Work Force1,2055,3577,676
Workforce Employed1,3865,6728,394
Workforce Unemployed74226338
Civlian Workforce1,4605,8998,732
Military Workforce000
Total Households1,2444,9897,420
Family Households8343,0744,704
Non-Family Households4101,9142,716
Married Couple5062,1123,448
Other Family3289621,256
Married w/Child2238941,297
Single Male w/Child65187247
Single Female w/Child101319423

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Branch County45,787-145,248-543,196+143,509

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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