For Lease
Property summary
This 1,188 square foot industrial building is situated on a 0.2-acre corner lot in the thriving downtown Lowell, Michigan. Boasting excellent visibility from Main Street, this property presents a unique investment opportunity. Currently leased to a tenant willing to remain, providing immediate and consistent cash flow. The building is well-maintained and offers ample parking for customers and employees. A key feature is the presence of two overhead drive-in doors, currently covered but easily reopened to suit a variety of operational needs. This versatility makes the property ideal for a range of uses, including retail or office space. The building's location in a rapidly growing area of West Michigan ensures strong potential for future appreciation. The asking price of $225,000 represents a compelling entry point into the Lowell commercial real estate market. This property offers a blend of immediate income generation and long-term growth potential, making it an attractive investment for discerning buyers. Serious inquiries are encouraged to explore this exceptional opportunity further.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon
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Environmental Engineer Environmental Consultant
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Business Management Consultant
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lowell market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
C2 · Lowell, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Lowell, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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