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Receiver Sale: Walgreens | Greenville, MI

Market Price

1420 West Washington Street, Greenville, MI 48838

Active
Last Updated: 08/05/2025

326,000

NOI

14,820 sqft

Building Size

Details:
NOI:    $326,000
Building Size:    14,820 sqft
Lot Area:    1.69 acres
Occupancy:    100%
Year Built:    2005
Parking Spots:    68
Description:

Ri Marketplace Online Auction September 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2607/receiver-sale-walgreens-greenville-mi?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2607

Friedman Real Estate Brokerage Inc. (“Agent”), in conjunction with RealINSIGHT Marketplace, is pleased to present for sale, 1420 W Washington Street in Greenville, Michigan (the “Property”). The property is 100% occupied as of June 2025. The subject property is a freestanding retail building encompassing approximately 14,820 square feet on a ±1.69-acre hard corner site. Constructed in 2005 as a build-to-suit for Walgreens, the property benefits from excellent visibility and accessibility at the signalized intersection of W Washington Street and Maplewood Street. It features ±320 feet of frontage along W Washington Street and ±220 feet along Maplewood Street, with two convenient curb cuts providing direct access from both roads. The site includes a highly desirable drive-thru and offers ample parking with approximately 68 spaces, equating to a parking ratio of ±4.59 spaces per 1,000 square feet. Situated within a vibrant commercial corridor, the property is surrounded by a mix of national and local retailers such as Dollar General, Dollar Tree, Little Caesars, McDonald’s, Starbucks, and Meijer, enhancing its appeal and foot traffic.


Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915

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