Dollar General

For Sale

4531 E Lansing Rd, Bancroft, MI 48414

This Bancroft property for sale is located at 4531 E Lansing Rd. The current listed sale price for Dollar General is $1,282,416. Dollar General is situated on a lot that is 1.99 acre in size.

Contacts

broker
Doug Passon

Fortis Net Lease

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,100 SF
  • Lot Size 1.99 Acre
  • Date Updated Jul 22, 2025
Bancroft, Michigan is a small village in Shiawassee County, with a 2020 population of 484 and a modest size of about 0.59 square miles—all land. Founded in 1877 alongside the railroad and named after the Bancroft Mining Company, it officially incorporated in 1883. Despite its rural charm, Bancroft has a surprisingly diverse economy: many residents work in both white‑ and blue‑collar roles—ranging from office and administrative work to manufacturing—while a notable share works in computer and math professions. Over time, the village has seen a gradual population decline from its peak near 615 in 2000 to the mid‑400s today. Census data shows Bancroft is predominantly White (over 90%), with small percentages of multiracial, Hispanic, Asian, and other residents. Households usually consist of about three members, with around 35 % containing children and 70 % being owner‑occupied. Median household income is healthy—ranging from roughly $60k to over $80k depending on the source—with poverty rates between about 7 % and 14 % . Despite its small size, modest demographics, and historic roots evidenced in its pre‑World War II architecture, Bancroft maintains key community spaces such as Lions Park and the Grand Oak Herb Farm, offering residents a close‑knit, peaceful lifestyle enriched with local historyFortis Net Lease is pleased to present 4531 E Lansing Rd, Bancroft, MI - an exceptional 9,100 SF free-standing building located in the thriving Bancroft area. This versatile property, zoned NA, offers unlimited potential for retail and various investment opportunities. Boasting a prime location and an impressive building footprint, this property is primed for success. With ample space and a sought-after zoning designation, it's an ideal investment for those seeking a retail or free-standing building. Don't miss out on this rare opportunity to own a standout property in this desirable location.
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Highlights

  • 7% Cap Rate | $89,769.12 NOI
  • 9,000+ Population within 5 miles
  • 9,100 SF free-standing building
  • Ample parking space
  • Average HH Income of $70,791 within 5 miles
  • Highly visible location
  • Strong investment potential
  • Zoned NA for versatile use

Getting around

  • 16/100

    Walk Score ®

  • 28/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Bancroft, MI
  • Zip Code 48414
  • Market Detroit

Points of Interest

  • Durand

    4.77 miles

  • BP

    0.06 miles

  • Coffield Oil Company

    0.39 miles

  • Shell

    4.69 miles

  • Marathon

    4.92 miles

  • Valero

    5.00 miles

  • Mobil

    6.52 miles

  • Citgo

    7.12 miles

  • Subway

    4.71 miles

  • Papa Joe's

    4.73 miles

  • Wendy's

    4.74 miles

  • Nick's Hometown Grille

    4.75 miles

  • McDonald's

    4.79 miles

  • Matador's Pizza of Morrice

    6.29 miles

  • Matador's Pizza

    7.60 miles

  • Burger King

    8.19 miles

  • Rivals Taphouse & Grill

    8.24 miles

  • Little Caesars

    8.31 miles

  • Save-A-Lot

    7.17 miles

  • Carl's Supermarket

    8.37 miles

  • Meijer

    8.51 miles

  • ALDI

    8.59 miles

  • Walmart Supercenter

    8.78 miles

  • Kroger

    8.94 miles

  • Century 21

    9.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Doug Passon

Fortis Net Lease

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