Former Rite Aid in Reed City, MI
131' Frontage on Chestnut Street
Marketing description
For registration requirements and regulations, please review here or contact Audrey Hanna | 518-625-8581| [email protected].
Don't miss the opportunity to bid on this versatile 8,178 SF former Rite Aid building in Reed City, MI! Positioned in a high-traffic commercial corridor with exceptional visibility, this property offers endless possibilities for retail concepts or conversion projects. Boasting a strong household income demographic and convenient access to major routes, it presents a prime investment opportunity to enhance customer reach and drive business growth. With ample parking and superb curb appeal, the property is well-maintained and ready to accommodate various tenant needs. Whether you're looking to expand your retail portfolio or embark on a new business venture, this property offers the ideal setting for success. Join the CREXI online auction from April 13th-15th, 2026, and stake your claim on this promising commercial asset!
· Non-Contingent
· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
· $10,000 Participation Deposit
222 S Chestnut St, Reed City, MI 49677
Investment highlights
Free-Standing Retail Building – 8,178 SF free-standing building with a flexible layout suitable for a variety of retail or service uses.
Adjacent to 257,000 SF Yoplait Manufacturing Facility - The facility serves as a key Midwest production hub and sources milk from local dairy farms within a 60-70 mile radius, reinforcing its long-term operational presence in the region, with over 400 employees
Flexible Floor Plan – Layout allows for multiple retail concepts and potential repositioning, depending on tenant needs.
Solid Demographics – Average household income within a 1-mile radius is approximately $65,328.
Reed City Location – Situated along an established commercial corridor with surrounding retail and service businesses.
On-Site Parking – Adequate parking available for customers and employees.
Accessible Location – Convenient access to US Hwy 131 (approx. 15,200 VPD) and Hwy 10 NW (approx. 8,000 VPD), providing regional connectivity.
Listing Contacts
Map
Broker Selected Comps View More Comps
Similar Properties
Additional Information
Is there information that looks off?
