How to Spot a Hidden Gem

May 15, 2025

In commercial real estate, the real gold isn’t always where the crowds are looking—it’s tucked away in overlooked neighborhoods, under-priced assets, and underutilized buildings with serious potential.

At Bransco Properties, we specialize in identifying hidden gems across Michigan—properties that, with the right strategy, can deliver big returns. But what actually makes a property a hidden gem?



Here’s what to look for—and a few real-world examples currently on the market.


1. Location with Upward Momentum 

A hidden gem is often in an area that’s on the verge of transformation—where infrastructure, local businesses, and housing demand are growing but prices haven’t caught up yet.

Property:
📍
845 4 Mile Road NW, Grand Rapids, MI
This property sits in a fast-developing corridor with excellent access to highways and residential growth. A future-focused investor will see the upside in proximity, traffic flow, and demand for mixed-use space.


2. Properties That Need Vision, Not Perfection 

Hidden gems may not be turn-key—and that’s a good thing. A solid structure with cosmetic or functional updates needed gives you a chance to create value.

Property:
📍
311 28th St SE, Grand Rapids, MI – Retail Building For Sale
This retail space has all the bones of a strong investment—good square footage, visibility, and location near established businesses. With strategic upgrades or re-tenanting, this space could yield high returns.


3. Unique, Experience-Based Assets 

In today’s economy, businesses that offer experiences are winning. If a property already has character, story, or a loyal customer base—it’s a gem waiting to shine.

Property:
📍
Red Cedar Spirits Distillery & Cocktail Bar, 2000 Merritt Road, East Lansing, MI
This iconic distillery and bar offers not just real estate—but a brand, clientele, and experience that’s hard to replicate. Whether you continue the legacy or create your own concept, this property blends lifestyle with business.


4. Room for Appreciation & Adaptive Reuse 

A hidden gem doesn’t always look like today’s cash cow—it looks like tomorrow’s opportunity. Consider zoning flexibility, potential for conversion (like retail to office or warehouse to creative studio), and the surrounding area's future.


How We Help You Spot the Sparkle 

At Bransco Properties, we combine market knowledge with boots-on-the-ground intuition. We don’t just send you listings—we help you see potential that others overlook.

We look for:

  • Undervalued square footage
  • Transitional neighborhoods
  • Strong traffic counts and visibility
  • Room to add value through updates or leasing
  • Community growth indicators (schools, jobs, housing starts)


Ready to Find Your Hidden Gem? 

Whether you’re a first-time investor or a seasoned developer, we’d love to help you find that off-radar opportunity that makes your portfolio pop.


📍 Explore our current listings, including:

  • 845 4 Mile Road NW – Grand Rapids
  • Red Cedar Spirits – East Lansing
  • 311 28th St SE – Grand Rapids Retail


📧 info@branscoproperties.com
🌐
www.branscoproperties.com


 Let’s uncover your next great investment—before everyone else does.


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