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High-Traffic Commercial Building for Sale

12950 Brady Rd Chesaning, MI 48616

Claim this Listing
For Sale
$850,000

9,000 sq ft building at a highly visible intersection.

Type:Commercial
Property size:
9,000 SF
Lot size:
2.98 Acres
Price / SF:
$94/SF
Added:
Mar 10, 2026
Days on Market:
125
Last Refresh:
Jul 2 at 12:17 pm

Property Features for 12950 Brady Rd

General Information

Standard status
Active
Size
9,000 SF
Lot size
2.98 Acres
Property subtype
Commercial

Building Details

Year Built
1965

Listing office CENTURY 21 LEE-MAC REALTY

Listing date Mar 10, 2026

Source Elliman

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 LEE-MAC REALTY


Investment Insights

Based on property information with market context.

This 9,000 sq. ft. commercial building is located at the intersection of M-52 and M-57. The property, formerly a restaurant and banquet center, offers potential for retail, dining, event space, or redevelopment. The exterior has been recently updated. The interior features expansive open areas and multiple entrances. Ample parking is available. The property is located at the crossroads of two major routes.

Key Highlights

  • Prime location at the intersection of M‑52 and M‑57 with high traffic counts.
  • 9,000 sq. ft. commercial building with versatile potential for retail, dining, or event space.
  • Recently updated exterior providing excellent curb appeal.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $116.6k $12.96
− Vacancy −$20.9k −$2.32
EGI $95.8k $10.64
− OpEx −$28.7k −$3.19
NOI $67.0k $7.45
9,000 SF · lease $12.96/SF/yr · vacancy 17.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$957.6K
$837.9K – $1.12M (±1% cap)
NOI $67,033 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,397 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Parking Lot & Garage Grocery & Convenience Store Bed & Breakfast Restaurant Auto Repair Shop Auto Parts Store Bar & Pub Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - 9,000 sq ft building at a highly visible intersection.
Where is this retail space located?
The property is located at 12950 Brady Rd Chesaning, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime location at the intersection of M‑52 and M‑57 with high traffic counts.; **9,000 sq. ft. commercial building with versatile potential for retail, dining, or event space.**; Recently updated exterior providing excellent curb appeal.
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