10435 State Rd - Storefront Retail/Office FOR SALE


Millington, MI 48746
$399,000 USD
810-813-2000
10435 State Rd, Millington, MI for Sale
$399,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 10.7% Cap Rate

10435 State Rd
Millington, MI 48746


HIGHLIGHTS

  • Turn-key business Opportunity!
  • Added Value with Pole barn!
  • Willard Rd access gives options to expand!
  • 6 Units with 100% Occupancy for 2024!

OVERVIEW

Opportunity is Knocking!!! Investor Opportunity on M-15 for this Millington success story! Need a storefront? Need a storage building? This turn-key investment could give you both AND still create a monthly profit. So many opportunities exist with this well-maintained strip mall. Large pole building behind adds value and options. Willard Rd. frontage makes the possibility for added entrance off of the side street (Willard Rd). 185' of frontage on M-15 provides exposure and drive-by traffic. Previous uses included automotive services and sales. Would be a great location for equipment rental, automotive repair and sales, any contractor base, fence or roofing company, asphalt or driveway company, lawn service, automotive services and so much more. Huge property footprint of nearly 4 acres with the possibility to add 3 additional acres ($45,000). Occupancy of 6 units is 100% as of 2/1/24. Tenants are operating on an annual lease. Please Call Quin Bartlett for all information regarding this amazing property (810) 287 - 1535

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

10.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

3.97 AC

LAND SF

172,933 SF

ZONING

Commercial

APN/PARCEL ID

017-033-000-4000-09

ASK ABOUT THIS PROPERTY

Debbie UplegerKari HartleyMore Info
810-813-2000

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Debbie UplegerKari HartleyMore Info
810-813-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.