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Flex Building with Two Units

3401 Fenton Road Flint, MI 48507

Claim this Listing
For Sale
$67,900

Commercial Sale, Other - Flint, MI

Property size:
1,014 SF
Lot size:
0.21 Acres
Price / SF:
$66/SF
Added:
Apr 22, 2026
Days on Market:
81
Last Refresh:
Jul 11 at 4:06 am

Property Features for 3401 Fenton Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
1,014 SF
Lot size
0.21 Acres

Building Details

Year built
1965
Architectural style
Other

Listing agent Jeremy Thibault License #6501345781,PersonLicenseNumber

Listing office NextHome Inspire 6004 Torrey Rd, Suite F, MI

Listing date Apr 22, 2026

MLS# 50205004 Listing URL

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale flex building totals 1,014 square feet and is currently configured as two separate units, providing flexibility for an owner-occupant or a multi-tenant setup. The property sits on a 0.21-acre lot and is described as a versatile commercial structure suitable for a range of uses. The seller notes the space can be operated as separate businesses or converted back into one larger layout, depending on the buyer’s goals.

The building is positioned in a high-traffic area with excellent exposure, supporting retail- and service-oriented activity. The remarks also include an on-site income-producing billboard, intended to help offset ownership expenses.

For tenants or buyers seeking adaptable commercial space, this configuration can support office uses, retail sales, auto detailing, mechanic or body shop operations, contractor headquarters, service-based businesses, storage, or vehicle sales, as referenced in the listing. The seller also notes that the property may be suitable for a marijuana dispensary or related cannabis business, subject to municipal approval, zoning requirements, and licensing regulations. Buyer and Buyer’s Agent should verify all intended uses before proceeding.

Key Highlights

  • Commercial property built in 1965 with approximately 1,000+ SF on just under a 1/4‑acre lot
  • Configured as two separate units for owner‑occupant use, rental income, or multi‑business setups
  • Can be converted back into one larger space to fit different business needs

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $9.1k $9.00
− Vacancy −$922 −$0.91
EGI $8.2k $8.09
− OpEx −$2.5k −$2.43
NOI $5.7k $5.66
1,014 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%

Alternative Uses

Best Use
Office B
$159.6K
$139.6K – $186.2K (±1% cap)
NOI $11,171 @ 7.0% cap · market cap 16.45%
Second Best
Retail
$150.4K
$131.6K – $175.4K (±1% cap)
NOI $10,526 @ 7.0% cap · market cap 15.50%
Theoretical Best
Office A
$213.4K
$186.7K – $248.9K (±1% cap)
NOI $14,936 @ 7.0% cap · market cap 22.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Real Estate Agency Building Supply Dental Office Skin Care Clinic Furniture & Home Goods Kitchen & Bath Showroom Bakery Locksmith Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Versatile, highly visible flex building with two separate units and an on-site income-producing billboard.
Where is this flex space located?
The property is located at 3401 Fenton Road Flint, MI.
What is the asking price?
The asking price for this property is $67,900.
What are key features of this property?
This property features: Commercial property built in 1965 with approximately 1,000+ SF on just under a 1/4‑acre lot; Configured as two separate units for owner‑occupant use, rental income, or multi‑business setups; Can be converted back into one larger space to fit different business needs
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