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Two-Building Flex Property
For Sale
$450,000

11616 NW Monroe Road, Riverdale, MI 48877

Commercial zoning and paved parking support a range of business operations.

Property Size11,118 SF
Lot Size3.15 Acres
Price / SF$40.47
Days on Market188

Property Features for 11616 NW Monroe Road

General Information

Standard status Active
Size 11,118 SF
Lot size 3.15 Acres
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $11,814

Amenities

Kitchenettes
Bathrooms
Central Air
Heat
Security Cameras
Back-up Generator
Paved Parking
Pond

Building Details

Building Size 11,118 SF
Year Built 2015
Buildings 2
Listing Agency: CENTURY 21 SIGNATURE - Mt. Pleasant
Listed By: James Parsons
Source: Carterassociatesrealty
Added: Apr 20 Changed: Oct 23 Last Checked: Oct 23 at 5:39PM

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 CENTURY 21 SIGNATURE - Mt. Pleasant

Rey
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Investment Insights

Based on property information with market context.

This 11,118-square-foot flex property comprises two commercial buildings on 3.15 acres. Both buildings include overhead doors, kitchenettes, bathrooms, central air conditioning, heating, security cameras, and backup generators. The property also features a pond and paved parking. The buildings were constructed in 2015 and are zoned Commercial.

Key Highlights

  • Two commercial buildings totaling 11,118 square feet
  • 3.15‑acre property with a pond
  • Overhead doors in both buildings

Property Analytics

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Current Use

How Smooth It ... (Bike/Boat/Book/etc) Store Rustic Creations Furniture & Home Goods

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Electronics & Wireless Store Department 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

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48877, MI

2,300
Population
1,051
Households
2.2
Avg Household Size
43
Median Age
10%
College-Educated
87%
High-School Grad
36.9 sq mi
ZIP Area
62
Density / Sq Mi
$57,222
Median Household Income
$29,583
Median Earnings
$637
Median Rent
$107,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercial zoning and paved parking support a range of business operations.
Where is this flex space located?
The property is located at 11616 NW Monroe Road Riverdale, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two commercial buildings totaling 11,118 square feet; 3.15‑acre property with a pond; Overhead doors in both buildings
More about this property
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