Douglas MI Commercial for Sale
- Type:
- Industrial
- Sq.Ft.:
- 5,126
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 1906
- Baths:
- MLS#:
- 70428082
ADDITIONAL INFORMATION
Excellent mixed use opportunity in the heart of Douglas. This great investment allows you to own a prime Center Street building. There are 2 large currently leased commercial retail spaces with windows to showcase artwork and retail. The front patio on the corner of Center Street and Spring Street offers a great view of the Village and there are lush gardens behind the gallery . A 10 space parking lot that could possibly be split for additional development. Opportunities like these rarely come by in thriving downtown Douglas. Two highly visible commercial ground floor spaces are complimented by two upper leased residential units, Unit 1 is a one bed/1 bath and Unit 2 offers two beds/1 bath with private deck to enjoy tranquil views. Building only is for sale and not the businesses.
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Douglas Real Estate
The median home value in Douglas, MI is $488,000. This is higher than the county median home value of $265,500. The national median home value is $338,100. The average price of homes sold in Douglas, MI is $488,000. Approximately 39.43% of Douglas homes are owned, compared to 10.31% rented, while 50.26% are vacant. Douglas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Douglas real estate agent to arrange a tour today!
Douglas, Michigan has a population of 1,103. Douglas is less family-centric than the surrounding county with 20.15% of the households containing married families with children. The county average for households married with children is 31.59%.
The median household income in Douglas, Michigan is $67,627. The median household income for the surrounding county is $70,269 compared to the national median of $69,021. The median age of people living in Douglas is 55.7 years.
Douglas Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 36.8 inches per year, with 80.9 inches of snow per year.