Map
Link Copied
Listed price in listed location currency (USD).
$299,900

000

MLS® 79080069210

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1987
MLS® Number 79080069210

Property Address: 108 E Center St, Ithaca, MI, 48847-1453

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied downtown Ithaca commercial investment property located at 108 E. Center Street, commonly known as The Village Shoppes. This distinctive brick commercial building was built in 1987 and features excellent downtown frontage, multiple tenant spaces, attractive common areas, and a unique interior “village street† layout with storefront-style suites. The property totals approximately 13, 600 square feet and is situated on a 100’ x 165’ lot. The building is currently 100% occupied with six tenant spaces and scheduled annual rent of approximately $65, 600. Current tenants include a mix of office, retail, and service-oriented users. The property is zoned Downtown Commercial and includes a standard elevator serving all floors. Street parking and nearby municipal parking are available. Utilities are landlord paid. Financial information, rent roll, and pro-forma are available in the listing documents. Based on the seller’s pro-forma, the property is being offered at an approximate 9% pro-forma cap rate. Seller financing or land contract terms may be considered. Buyer to verify all property information, square footage, leases, expenses, taxes, zoning, utility arrangements, permitted uses, and pro-forma assumptions.
MLS® Number79080069210
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1987
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$299,900List Price
Apr 24, 2026End Date
$700Sold Price

Leased

Jul 24, 2025List Date
$775List Price
Feb 12, 2025End Date
$775Sold Price

Leased

Jul 25, 2024List Date
$950List Price
  • Commute

Commute

Starting Address
Destination Address
108 E Center St, Ithaca, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties