108 E Center Street
Ithaca, Michigan, 48847, United States
13,632
ft²
0.38
acres
-
beds
-
baths
Property Provided By
- Ryan Smith
- II GEMINI, LLC
- +1 (989) 708-6850
Property Information
Fully occupied downtown Ithaca commercial investment property located at 108 E. Center Street, commonly known as The Village Shoppes. This distinctive brick commercial building was built in 1987 and features excellent downtown frontage, multiple tenant spaces, attractive common areas, and a unique interior “village street†layout with storefront-style suites. The property totals approximately 13,600 square feet and is situated on a 100’ x 165’ lot. The building is currently 100% occupied with six tenant spaces and scheduled annual rent of approximately $65,600. Current tenants include a mix of office, retail, and service-oriented users. The property is zoned Downtown Commercial and includes a standard elevator serving all floors. Street parking and nearby municipal parking are available. Utilities are landlord paid. Financial information, rent roll, and pro-forma are available in the listing documents. Based on the seller’s pro-forma, the property is being offered at an approximate 9% pro-forma cap rate. Seller financing or land contract terms may be considered. Buyer to verify all property information, square footage, leases, expenses, taxes, zoning, utility arrangements, permitted uses, and pro-forma assumptions.
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Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on Sep 15, 2026, 6:13 PM CDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
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Property Provided By
- Ryan Smith
- II GEMINI, LLC
- +1 (989) 708-6850
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