Salvation Army

For Sale

1269 E. M-89, Plainwell, MI 49080

This Plainwell property for sale is located at 1269 E. M-89. The current listed sale price for Salvation Army is $2,365,500.



Robert Bender

Fortis Net Lease

(248) 254-3406

Property Details

  • Property Type Retail - Freestanding
  • Property Size 43,763 SF
  • Units 1
  • Property Tenancy Single Tenant
  • Year Built 1984
  • Date Updated Nov 16, 2023
Plainwell is a city in Allegan County in the U.S. state of Michigan. Plainwell is located on M-89 just east of its junction with US 131. The city of Otsego is about three miles to the west. The city of Kalamazoo is about ten miles to the south, and the city of Grand Rapids is about thirty five miles to the north. The Kalamazoo River flows through the center of the city and it is known as "The Island City". This part of Michigan was settled in the 1830s, after the removal of native people. Allegan County was organized in 1835, and the Plainwell area was settled soon after. It was on a stagecoach route from Kalamazoo to Grand Rapids, and later the Grand Rapids and Indiana Railroad was constructed along the same route. After the advent of the automobile, U.S. Route 131 was created and run through the town. In the 1960s, an improved 4-lane US-131 was built west of town to connect Kalamazoo and Grand Rapids, with an interchange on M-89 between Plainwell and Otsego. This allowed the town to become a kind of "bedroom community" for Kalamazoo or the southern part of Grand Rapids.In return for the recent lease extension agreement and substantial rent increase in 2025 the landlord has agreed, at landlords expense, to replace all 10 HVAC units, the red shingle facade, exterior lighting AND to add a critically needed donation drive-thru area on the west side of the building. These renovations will occured in June and July of 2023 and cost in excess of $350,000. A 42.8% rent increase takes place in April of 2025, bringing the rent to $232,290 per year which is still under-market and only $5 PSF. This Salvation Army Family Center Store is positioned on M-89, just one-half mile west of US-131, a major north-south highway that runs from Petoskey, Michigan to the Indiana Toll Rd. It is located in an area of dense retail and restaurants. Area retail include Walgreens, Aldi, Starbucks, Meijer, Home Depot, and Walmart. The ten mile population from the site is 54,956 while the five mile average household income is $75,883 per year, making this location ideal for a Salvation Army.

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  • LL Added Donation Drive-Thru Dropoff @ Tenant's Request
  • New 10 Year Lease Extension
  • Tenant Has No Remaining Renewal Options
  • LL Replaced All 10 HVAC Units At Cost of $200k+,
  • Under Market Rent @ Only $5 PSF Gross
  • LL Replaced Facade & Red Shingle At Cost In Excess of $100k+
  • Located in Area of Dense Retail: Home Depot, Meijer, Aldi, Walmart Adjacent to Subject Property
  • Priced At Approximately 1/3rd of Replacement Cost

Getting around

  • 59/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®


  • City Plainwell, MI
  • Neighborhood Plainwell
  • Zip Code 49080
  • Market Grand Rapids

Points of Interest

  • Circle K

    0.29 miles

  • Sunoco

    0.39 miles

  • Meijer Express

    0.39 miles

  • Pacific Pride

    0.40 miles

  • Marathon

    0.54 miles

  • Marathon

    0.77 miles

  • Wesco

    0.90 miles

  • Clark

    1.48 miles

  • Clark

    1.53 miles

  • Mobil

    2.66 miles

  • Bittersweet Parking Lot

    4.71 miles

  • car parking

    6.57 miles

  • truck parking

    6.58 miles

  • KVRT Parking

    7.28 miles

  • Markin Glen County Park

    8.79 miles

  • Jimmy John's

    0.10 miles

  • Salvino's

    0.11 miles

  • Applebee's

    0.15 miles

  • Subway

    0.18 miles

  • Little Caesars

    0.18 miles

  • KFC

    0.19 miles

  • Taco Bell

    0.20 miles

  • Arby's

    0.26 miles

  • Pizza Hut

    0.26 miles

  • McDonald's

    0.29 miles

  • ALDI

    0.23 miles

  • Walmart Supercenter

    0.27 miles

  • Meijer

    0.45 miles

  • Harding's Market

    0.94 miles

  • Hardings

    9.76 miles

In-Depth Research Available for this Property

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Contact Listing Broker


Robert Bender

Fortis Net Lease

(248) 254-3406