For Sale
$250,000

315 Market Ave Fremont, MI 49412

Michigan Retail Center: 41,325 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional retail investment opportunity presents a 41,325-square-foot vacant retail center situated on a 3-acre lot in Fremont, Michigan. The property, known as Fremont Retail Plaza, comprises two buildings and boasts high visibility from West Main Street (M-82), with a large pylon sign. The property benefits from an average daily traffic count of 19,044 vehicles. Its strategic location is adjacent to Tamarac Health, a significant rehabilitation facility, and surrounded by numerous national and local retailers and service businesses, including Dollar Tree, Dunham's, Glick's, Continental Rent-to-Own, McDonald's, Arby's, Taco Bell, Tractor Supply, and more, creating a strong retail environment and high traffic volume. The property's location within a densely populated area (98,598 people within a 20-mile radius) further enhances its investment potential. The recent purchase of an outlot by Tommy's Express Car Wash indicates strong future development prospects. The asking price is $250,000, translating to $1.91 per square foot. The property's address is 315 Market Ave, Fremont, MI 49412, with APN 13-34-400-079. This property offers significant potential for redevelopment or lease to new tenants, capitalizing on its prime location and strong surrounding demographics.

Highlights

  • Fremont Retail Plaza (FRP) is a neighborhood retail center on West Main Street in Fremont, MI.
  • Average Daily Traffic (ADT) is 19,044 vehicles per day (MDOT 2022), with moderate speeds and traffic-controlled intersections providing easy access.
  • The 41,325-square-foot center comprises two buildings with high visibility and a large pylon sign on West Main Street.
  • The 3-acre parcel at 315 Market Ave, APN 13-34-400-079, is located behind Tamarac Health rehabilitation facility.
  • Strong tenant mix includes Dollar Tree, Dunham's, Glick's, and Continental Rent-to-Own, plus a recently added Tommy's Express Car Wash outlot.
  • The Fremont trade area boasts 98,598 people within a 20-mile radius.

Property Details for 315 Market Ave

Property type
Retail properties
Square Feet
41,325 SF
Buildings
2
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Fremont
County
Newaygo
State
Michigan
Latitude
43.4706702
Longitude
-85.9672536

FAQs

What type of property is this?
Retail property - Michigan Retail Center: 41,325 SF, Vacant
Where is the retail property located?
The property is located at 315 Market Ave Fremont, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fremont Retail Plaza (FRP) is a neighborhood retail center on West Main Street in Fremont, MI.; Average Daily Traffic (ADT) is 19,044 vehicles per day (MDOT 2022), with moderate speeds and traffic-controlled intersections providing easy access.; The 41,325-square-foot center comprises two buildings with high visibility and a large pylon sign on West Main Street.
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315 Market Ave
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