Listed by Bradley Company Grand Rapids
$995,000
500 Marshall St
Details
APN 302-000-000-001-00
Property Type Retail, Office
Sub Type Restaurant, Executive Office
Square Footage 11,958
Cap Rate 8.50%
Acreage 1.38 - 2.47
Retail | 8.50% CAP | 11,958 SqFt
Marketing description
Retail Investment Opportunity with Development Upside!
Fairfield Plaza–North is an 11,958 SF, three-tenant strip center situated on 1.38 acres at the signalized intersection of Marshall St. (Old US Hwy 27) and State St. in Coldwater, MI. The property is anchored by Family Dollar, with strong co-tenancy from Hungry Howie’s Pizza and a dental lab—all long-term tenants with stable occupancy.
Investment highlights
- High-Visibility Corner Location with 15,982 vehicles per day and full-access via lighted intersection
- Family Dollar occupies 76% of the GLA with excellent signage and frontage
- Tenant Mix: Retail, restaurant, and service users creating consistent, diverse traffic
- Expansion Potential: Approx. 20,000 SF of adjacent land provides opportunity to double the center’s footprint
- Strong Trade Area: 21,500+ residents within a 5-mile radius, with regional draw from surrounding retailers
- Synergy with Adjacent Fairfield Plaza: 130,671 SF center to the south features 20+ tenants including Sherwin-Williams, Subway, Shell, and more
Listing Contacts
Listed by Bradley Company Grand Rapids
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