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    Income-Producing Commercial Opportunity

    4341 Page Avenue Michigan Center, MI 49254

    Claim this Listing
    For Sale
    $135,000

    COMMERCIAL - Michigan Center, MI

    Type:Office
    Property size:
    1,547 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $87.27/SF
    Added:
    Feb 16, 2026
    Days on Market:
    148
    Last Refresh:
    Jul 14 at 6:06 am

    Property Features for 4341 Page Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Bathrooms
    2
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Standard status
    Active
    APN
    000-14-05-451-005-00
    Size
    1,547 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Part of Sec 5, T3S, R1E
    Tax Annual Amount
    1710

    Utilities

    Heating system
    Forced Air
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    1
    Building materials
    Vinyl Siding
    Roof type
    Composition

    Listing agent Brittany Ostrowski License #6501397335

    Listing office ERA Reardon Realty, L.L.C. 910 N West Ave, Jackson, MI

    Listing date Feb 16, 2026

    MLS# 26005605

    Copyright © 2026 Michigan Regional Information Center, LLC. 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 income-producing commercial property is located in the heart of Michigan Center. The property is currently leased for $1,200 per month under a long-term lease agreement, providing immediate cash flow. Situated in a highly desirable area, it offers convenient access to I-94 and US-127, along with strong traffic exposure and a solid local customer base. The property features 3 bedrooms and 2 full baths, offering flexibility for mixed-use potential or future owner-user possibilities. The layout can be customized to accommodate various business needs, including retail, office, or service-based operations. The building has a total area of 1547 square feet and sits on a 0.33-acre lot. Updates include a new roof installed in 2017 and updated siding. A detached one-car garage provides additional storage or workspace.

    Key Highlights

    • Immediate income generation with existing long‑term lease at $1,200/month.
    • Prime location in Michigan Center with high traffic exposure and easy access to I‑94 and US‑127.
    • Versatile layout with 3 bedrooms and 2 full baths, suitable for mixed‑use, owner‑user, or various business operations.

    Local Financial Insights For Retail

    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 $18.6k $12.00
    − Vacancy −$3.3k −$2.15
    EGI $15.2k $9.85
    − OpEx −$4.6k −$2.96
    NOI $10.7k $6.90
    1,547 SF · lease $12.00/SF/yr · vacancy 17.90% · expense 30.00%

    Alternative Uses

    Best Use
    Office B
    $185.2K
    $162.1K – $216.1K (±1% cap)
    NOI $12,965 @ 7.0% cap · market cap 9.60%
    Second Best
    Mixed Use
    $183.2K
    $160.3K – $213.7K (±1% cap)
    NOI $12,821 @ 7.0% cap · market cap 9.50%
    Theoretical Best
    Office A
    $247.0K
    $216.1K – $288.1K (±1% cap)
    NOI $17,287 @ 7.0% cap · market cap 12.81%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Dental Office Restaurant Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Auto Parts Store Garden Center Building Supply

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

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile property with income in a prime location.
    Where is this mixed-use property located?
    The property is located at 4341 Page Avenue Michigan Center, MI.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Immediate income generation with existing long‑term lease at $1,200/month.; Prime location in Michigan Center with high traffic exposure and easy access to I‑94 and US‑127.; Versatile layout with **3 bedrooms and 2 full baths**, suitable for mixed‑use, owner‑user, or various business operations.
    Contact an agent
    (517) 414-4461
    We can help!
    Contact an agent
    Brittany Ostrowski
    Real Estate License ID: 6501397335
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