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    Lake Odessa, MI

    Lake Odessa, MI Commercial Real Estate for Sale

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    Clarksville, MI Sunfield, MI Ionia, MI Freeport, MI Saranac, MI Hastings, MI Portland, MI Alto, MI
    Flex Space Building with Office/Showroom
    Updated: Mar 21
    Flex Space Building with Office/Showroom

    7775 Saddlebag Lake Road Unit SourceFi, Lake Odessa, MI 48849

    $350,000
    4,800 sqft
    Flex building with 3 heating and metal roof, built in 1986
    Total 4,800 sq. ft.: 3,200 sq. ft. main building plus 1,600 sq. ft. attached office/showroom space
    Office/showroom includes 2 bathrooms
    Large paved parking area
    Zoned C‑1, offering many different uses
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    This listing looks promising.

    Here's a quick look at some key insights for

    7775 Saddlebag Lake Road Unit SourceFi, Lake Odessa, MI 48849

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $321K
      Suggested

    • Last Sold

      Nov 2021
      $250K

    • Property Type

      Auto Repair, Garage
      Built 1986
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    M-66 Commercial Property For Sale
    Updated: Mar 30
    M-66 Commercial Property For Sale

    Lake Odessa, MI 48849

    $350,000
    4,800 sqft
    High exposure location along M‑66.
    Zoned C‑1, offering many different uses.
    Main building is 3200 sq. ft.
    Additional 1600 sq. ft. of office/showroom space (including 2 bathrooms).
    Large, paved parking area.
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    Office Suite in Church Building
    Office Suite in Church Building

    912 4th Avenue, Lake Odessa, MI 48849

    Contact for pricing
    5,000 sqft

    Private room with an in-suite sink, nearby restrooms, and included utilities.

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    Established Retail Building in Lake Odessa
    Established Retail Building in Lake Odessa

    820 Jordan Lake Ave, Lake Odessa, MI 48849

    Contact for pricing
    13,200 sqft

    Two-tenant retail building with long-term leases in Lake Odessa, MI.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Vacant Double Lot in Village
    Vacant Double Lot in Village

    Lot 1 Ionia, Lake Odessa, MI 48849

    $56,000
    0.29 AC lot

    Large vacant double lot with utilities in Lake Odessa.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Lake Odessa, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Adult Foster Care Facility
    Adult Foster Care Facility

    241 W Grand Ledge Hwy, Sunfield, MI 48890

    Contact for pricing
    7,890 sqft 4.01 AC lot

    For-sale adult foster care building in Sunfield, Michigan, with 55% current occupancy.

    View details
    Downtown Diner Restaurant
    Downtown Diner Restaurant

    112 N State Street, Freeport, MI 49325

    $240,000
    3,878 sqft 0.30 AC lot

    Restaurant for sale in Downtown Freeport with seating for 54 and dedicated food prep and storage areas.

    View details
    Cleared Corner Land Parcel
    Cleared Corner Land Parcel

    V/L W Eaton Highway, Sunfield, MI 48890

    $87,500
    7.11 AC lot

    7.11-acre corner parcel is cleared and private, with no HOA or deed restrictions.

    View details
    Diner Restaurant with Seating
    Diner Restaurant with Seating

    112 N State Street, Freeport, MI 49325

    Contact for pricing
    3,878 sqft

    Restaurant offering 54 seats, a separate back-of-house prep and storage area, and included equipment.

    View details

    Off-Market Properties in Lake Odessa, MI

    Consider similar Off-Market properties in Lake Odessa, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    11994 Grand Ledge Hwy
    RETAIL STORES (PERSONAL SERVICES)

    11994 Grand Ledge Hwy, Lake Odessa, MI 48849-9202

    $145,000
    Estimated value
    3,609 sqft 1.74 AC lot
    View details
    1006 4th Ave
    COMMERCIAL (GENERAL)

    1006 4th Ave, Lake Odessa, MI 48849

    $295,000
    Estimated value
    2,640 sqft 0.13 AC lot
    View details
    928 4th Ave
    COMMERCIAL (GENERAL)

    928 4th Ave, Lake Odessa, MI 48849-1003

    $170,000
    Estimated value
    704 sqft 0.06 AC lot
    View details
    821 4th Ave
    COMMERCIAL (GENERAL)

    821 4th Ave, Lake Odessa, MI 48849-1036

    $345,000
    Estimated value
    10,514 sqft 0.48 AC lot
    View details
    1040 4th Ave
    COMMERCIAL (GENERAL)

    1040 4th Ave, Lake Odessa, MI 48849-1004

    $310,000
    Estimated value
    3,600 sqft 0.13 AC lot
    View details
    9801 Brown Rd
    INDUSTRIAL - VACANT LAND

    9801 Brown Rd, Lake Odessa, MI 48849-9439

    Value Estimation by Request
    31.59 AC lot
    View details
    1108 3rd Ave
    COMMERCIAL (GENERAL)

    1108 3rd Ave, Lake Odessa, MI 48849

    Value Estimation by Request
    3,360 sqft 0.24 AC lot
    View details
    1020 Tupper Lk Rdetc
    COMMERCIAL (GENERAL)

    1020 Tupper Lk Rdetc, Lake Odessa, MI 48849

    $330,000
    Estimated value
    12,430 sqft 0.94 AC lot
    View details
    1019 1st St
    COMMERCIAL (GENERAL)

    1019 1st St, Lake Odessa, MI 48849-1108

    $350,000
    Estimated value
    6,296 sqft 0.54 AC lot
    View details
    Saddlebag Rd
    WAREHOUSE, STORAGE

    Saddlebag Rd, Lake Odessa, MI 48849

    Value Estimation by Request
    0.30 AC lot
    View details
    Cedar St
    COMMERCIAL (GENERAL)

    Cedar St, Lake Odessa, MI 48849

    $85,000
    Estimated value
    0.13 AC lot
    View details
    5810 Saddlebag Lk Rd
    COMMERCIAL (GENERAL)

    5810 Saddlebag Lk Rd, Lake Odessa, MI 48849-9304

    Value Estimation by Request
    17.63 AC lot
    View details
    1390 Eaton Hwy
    COMMERCIAL (GENERAL)

    1390 Eaton Hwy, Lake Odessa, MI 48849-9411

    $240,000
    Estimated value
    59.72 AC lot
    View details
    7220 Saddlebag Lk Rd
    COMMERCIAL (GENERAL)

    7220 Saddlebag Lk Rd, Lake Odessa, MI 48849-9303

    $55,000
    Estimated value
    0.92 AC lot
    View details
    Saginaw Hwy
    COMMERCIAL (GENERAL)

    Saginaw Hwy, Lake Odessa, MI 48849

    Value Estimation by Request
    4.18 AC lot
    View details
    7613 Saddlebag Lk Rd
    OFFICE BUILDING

    7613 Saddlebag Lk Rd, Lake Odessa, MI 48849-9319

    Value Estimation by Request
    19,576 sqft 21.28 AC lot
    View details
    1137 4th Ave
    COMMERCIAL (GENERAL)

    1137 4th Ave, Lake Odessa, MI 48849-1022

    $280,000
    Estimated value
    3,440 sqft 0.19 AC lot
    View details
    1005 Tupper Lk St
    COMMERCIAL (GENERAL)

    1005 Tupper Lk St, Lake Odessa, MI 48849-1177

    $290,000
    Estimated value
    4,928 sqft 0.13 AC lot
    View details
    2100 Lapo Rd
    COMMERCIAL (GENERAL)

    2100 Lapo Rd, Lake Odessa, MI 48849-9417

    $315,000
    Estimated value
    7,280 sqft 1.95 AC lot
    View details

    Lake Odessa, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lake Odessa, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 27,800 square feet of properties for sale, with an estimated market value of $756,000.

    Sale prices for business properties in Lake Odessa, MI start at $56,000, averaging $252,000, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,801
    Population Growth (5Y) -3.2%
    Median Household Income $79,423
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Lake Odessa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48849 $254K

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $74.55 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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