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Property profile & analytics
OFF-MARKET
Commercial real estate

1323 Main St Flushing, MI 48433-2243

4,070 SF 0.37 ac lot Built 1965
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US43-1319166
Property summary
AI-generated overview

This exceptional 4,046 square foot industrial property is situated on a 0.37-acre lot at 1323 E MAIN in Flushing, MI. The building boasts a beautiful brick and block exterior and enjoys a highly visible location directly on Main Street, across from the local golf course, ensuring excellent exposure for your business. The property is zoned B1 - Local Business, offering versatility in its potential uses. The property is comprised of two distinct units: a west office/warehouse unit spanning 3,524 square feet, featuring a convenient 12-foot overhead door, and an east office unit of 522 square feet. Each unit is equipped with its own bathroom and separate utilities, providing flexibility and independence for tenants or occupants. Currently, both units are leased, presenting a lucrative investment opportunity with existing rental income. Alternatively, the property offers the potential to occupy one unit while leasing the other, or to utilize both units to accommodate the needs of a growing business. The property's strategic location, combined with its versatile layout and existing rental income, presents a compelling opportunity for a wide range of business ventures. This is a rare chance to acquire a well-maintained, high-visibility industrial property in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 4,070 SF
Lot 0.37 ac (16,204 SF)
Zoning code B-1 LOC BUSNES
APN 55-25-300-008
UPID US43-1319166
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Major Driving School LLC, Flushing Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Paras Properties LLC · 13 yrs held
Paras Properties LLC
since 2013
4 recorded transactions
2013
$70,000
2012
$50,000
2011
Price N/A
2006
Price N/A
Zoning & alternative use
B-1 LOC BUSNES · Flushing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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