Dollar General
For Sale
4531 E Lansing Rd, Bancroft, MI 48414
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.
Key features
- 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
Building Details
- For Sale $1,282,416
- Property Type Retail - Freestanding
- Property Size 9,100 SF
- Lot Size 1.99 Acre
- Additional Rent Price on request
- Date Updated Aug 6, 2026
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Doug Passon
Fortis Net Lease
Location
- City Bancroft, MI
- Zip Code 48414
- Market Detroit
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Walk score 16/100 Car-Dependent
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Bike score 28/100 Somewhat Bikeable
Powered by Walk Score ®
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
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
Listing Summary
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What is the asking price at Dollar General?
Dollar General is currently listed for sale at Price on request.
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What is the total size of Dollar General?
Dollar General has a total of 9,100 square feet.
Contact Doug Passon
Doug Passon
Fortis Net Lease