Rare opportunity! Retail shop in downtown Northbranch facing the high traffic Huron St. It has a corner lot with 4500sq ft for a retail shop and a 4500 sq ft of space as a 3 bedroom 1 bath apartment with plenty of storage space. The apartment has upgraded electrical. The windows in the apartment open up over the street looking downtown at shops. The retail space has some great architecture on the ceiling and wood floors throughout. It has tall ceilings for an open feel. Business is sold separate with the purchase of inventory worth around $396,000.
The median home value in North Branch, MI is $230,000. This is lower than the county median home value of $246,100. The national median home value is $338,100. The average price of homes sold in North Branch, MI is $230,000. Approximately 53.35% of North Branch homes are owned, compared to 34.69% rented, while 11.97% are vacant. North Branch 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 North Branch real estate agent to arrange a tour today!
North Branch, Michigan has a population of 1,026. North Branch is more family-centric than the surrounding county with 33.72% of the households containing married families with children. The county average for households married with children is 27.63%.
The median household income in North Branch, Michigan is $49,722. The median household income for the surrounding county is $69,194 compared to the national median of $69,021. The median age of people living in North Branch is 40.5 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 32.5 inches per year, with 35.3 inches of snow per year.