Office Building on
For Sale
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1107 W Chicago Boulevard, Tecumseh, MI 49286
Tecumseh office property with commercial-corridor frontage and an adjacent retail space.
Property Size1,512 SF
Price / SF$1.32
Days on Market48
Property Features for 1107 W Chicago Boulevard
General Information
Standard status
Active
Size
1,512 SF
Additional Details
Road Access
Yes
Building Details
Building Size
1,512 SF
Listing Agency:
Howard Hanna Real Estate Services-Tecumseh
Listed By:
Patrick J Hoffman · License #SAL.2012002500
(248) 342-4604
Source:
Alexmi
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 20 at 8:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Real Estate Services-Tecumseh
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Investment Insights
Based on property information with market context.
Located at 1107 W Chicago Boulevard in Tecumseh, this office building contains 1,512 square feet and fronts M-50, a principal commercial route through the area. The property was previously used as an attorney office and sits next to new retail space.
Planned property work includes painting, flooring replacement, carpet and floor removal, drywall installation in the office area, tree removal, driveway repairs, cleanup, and a new roof. The listed work schedule includes driveway repairs on 8/10/26, roof installation on 8/13/26, and interior improvements on 8/14/26 and 8/18/26.
Planned property work includes painting, flooring replacement, carpet and floor removal, drywall installation in the office area, tree removal, driveway repairs, cleanup, and a new roof. The listed work schedule includes driveway repairs on 8/10/26, roof installation on 8/13/26, and interior improvements on 8/14/26 and 8/18/26.
Key Highlights
- 1,512‑square‑foot office building at 1107 W Chicago Boulevard
- Frontage on M‑50 in Tecumseh’s main commercial corridor
- Former attorney office configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,657
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,140
$333.1K
Cap Rate 7%
$237,957
$238.0K
Cap Rate 9%
$185,078
$185.1K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$25.8K $17.04/SF
− Vacancy
−$3.6K −$2.35/SF
EGI
$22.2K $14.69/SF
− OpEx
−$5.6K −$3.67/SF
NOI
$16.7K $11.02/SF
Area
Lenawee County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,140
Cap Rate 7%
$237,957
Cap Rate 9%
$185,078
Alternative Uses
Best Use
Office B
$238.0K
$208.2K – $277.6K
NOI $16,657 @ 7.0% cap · market cap 832.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$18.76M
$16.41M – $21.89M
NOI $1,313,143 @ 7.0% cap · market cap 65,657.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
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Business Placement
Demographics for 49286, MI
14,991
Population
6,144
Households
2.4
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
58.2 sq mi
ZIP Area
258
Density / Sq Mi
$73,054
Median Household Income
$37,480
Median Earnings
$954
Median Rent
$221,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Tecumseh office property with commercial-corridor frontage and an adjacent retail space.
Where is this office building located?
The property is located at 1107 W Chicago Boulevard Tecumseh, MI.
What are key features of this property?
This property features: 1,512‑square‑foot office building at 1107 W Chicago Boulevard; Frontage on M‑50 in Tecumseh’s main commercial corridor; Former attorney office configuration
