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Property profile

2380 Patterson Rd Shelbyville, MI 49344

OFF-MARKET
Commercial real estate
1,900 SF 0.04 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional 1,900 square foot commercial building is situated in Shelbyville, Michigan, at 2380 S Patterson Road, offering a truly unique opportunity. Located in Allegan County on a 0.04-acre lot, its prime location provides convenient access to a nearby bank, grocery store, Gun Lake launch site, and a park. A significant advantage is a 14-foot easement, allowing for private boat docking or easy access to the park and its stunning lake views. The property's versatility is a key selling point, with numerous potential uses subject to township approval. Short-term rentals are permitted, adding to its investment appeal. The asking price is $375,000, and the seller is exclusively considering all-cash offers or pre-approved financing. This presents a rare chance to acquire a well-positioned commercial property with significant upside potential in a desirable location. The building's proximity to amenities and recreational opportunities makes it an attractive proposition for a wide range of businesses. The ease of access to Gun Lake and the park adds to the property's overall desirability and potential for attracting customers or tenants. Don't miss this chance to own a piece of Shelbyville's vibrant commercial landscape.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Total area 1,900 SF
Lot 0.04 ac (1,742 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2380 Patterson Rd Shelbyville, MI 49344
Shelbyville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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