Listing Agency: Trademark Commercial Group

Listed By: Gretchen Witherspoon,SIOR,CCIM · License #6501316390 Show Phone

Source: Trademarkcommercial

Added: May 14 Changed: Sep 5 Last Checked: Sep 7 at 4:55AM

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Investment Insights

Based on property information with market context.

A 1,602 SF former financial institution building on a 1.03-acre site in Albee Township, Burt, MI. The property is deed restricted and not available for financial institution or wealth management use for 3 years from the start date, so buyer and use eligibility should be reviewed in detail.

The site is zoned B-2 commercial and offers drive-through access around the building. An ATM is not included in the sale.

Call Trademark Commercial for a confidential showing and to confirm permitted uses with the Township, since a number of non-financial uses are described as potentially applicable depending on zoning requirements.

Key Highlights

• Former financial institution building built in 1980 with 1,602 SF of space
• Deed restriction: must not be used as a financial institution or wealth management user for 3 years from the start date
• Sited on 1.03 acres in a B‑2 commercial district

Property Analytics

Property Profile

Current Use

The State Bank - Connect! ... Bank ATM Atm Community State Bank Bank

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 48417, MI

2,612

Population

1,064

Households

2.5

Avg Household Size

45

Median Age

7%

College-Educated

89%

High-School Grad

23.2 sq mi

ZIP Area

113

Density / Sq Mi

$70,280

Median Household Income

$49,024

Median Earnings

$875

Median Rent

$163,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this banks located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Bank - Former financial institution building on 1.03 acres with surrounding drive-through access in a B-2 commercial district.

Where is this bank located?

The property is located at 10811 Albee Rd Burt, MI.

What are key features of this property?

This property features: Former financial institution building built in 1980 with 1,602 SF of space; Deed restriction: must not be used as a financial institution or wealth management user for 3 years from the start date; Sited on 1.03 acres in a B‑2 commercial district