Mixed-Use Property with Commercial
124 Brooklyn Road Napoleon, MI 49261
New
124 Brooklyn Road, Napoleon, MI, 49261
$399,900
For Sale
$399,900
COMMERCIAL - Napoleon, MI
Property Size3,111 SF
Lot Size0.63 Acres
Price / SF$128.54
Days on Market2
Property Features for 124 Brooklyn Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking
- 10
- Standard status
- Active
- APN
- 000-14-36-477-018-00
- Size
- 3,111 SF
- Lot size
- 0.63 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BEG AT INTERSECTION OF STONEY LAKE RD WITH THE E LN OF SEC 36 TH W ALGCEN LN OF SD RD 145 FT TO A PT FOR POB OF THIS DES
- Tax Annual Amount
- 2929
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Composition
Listing Agency
The Brokerage House
(517) 788-8733
100 S Jackson St., Jackson, MI
Listed by
JENIFER SCANLON · License #6501367704
(734) 664-6789
Added: Jul 17 Checked: Jul 18 at 11:06 pm
MLS# 26036895
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale mixed-use property at 124 Brooklyn Road in Napoleon, MI includes main-floor commercial space of 1,052 square feet with a fully equipped commercial kitchen, with kitchen equipment included. An additional 912 square foot upper apartment is currently occupied by a long-term tenant paying $1,400 per month, providing supplemental income.
Set on a 0.63-acre lot with oversized parking and monument signage, the property is designed for convenient customer access and visibility. Reported improvements include a newer roof, fresh exterior paint, updated electrical, new AC, two tankless water heaters, and major kitchen system upgrades.
The combination of turnkey commercial kitchen infrastructure and an income-producing upper unit offers a flexible setup for food-focused operations requiring on-site preparation space.
Set on a 0.63-acre lot with oversized parking and monument signage, the property is designed for convenient customer access and visibility. Reported improvements include a newer roof, fresh exterior paint, updated electrical, new AC, two tankless water heaters, and major kitchen system upgrades.
The combination of turnkey commercial kitchen infrastructure and an income-producing upper unit offers a flexible setup for food-focused operations requiring on-site preparation space.
Key Highlights
- Mixed‑use property with 1,052 SF main‑floor commercial space plus a 912 SF upper apartment
- Main‑floor commercial space includes a fully equipped commercial kitchen and all kitchen equipment
- Upper apartment is occupied by a long‑term tenant paying $1,400/month
Local Financial Insights For Specialty 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 | $42.9k | $13.80 |
| − Vacancy | −$3.5k | −$1.13 |
| EGI | $39.4k | $12.67 |
| − OpEx | −$9.9k | −$3.17 |
| NOI | $29.6k | $9.50 |
3,111 SF · lease $13.80/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$422.3K
$369.5K – $492.7K
NOI $29,559 @ 7.0% cap · market cap 7.39%
Second Best
Mixed Use
$368.3K
$322.3K – $429.7K
NOI $25,782 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$496.6K
$434.6K – $579.4K
NOI $34,764 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial kitchens
FAQs
What type of property is this?
Mixed-use property - For sale in Napoleon, MI: main-floor commercial space with a fully equipped kitchen plus an upstairs leased apartment.
Where is this mixed-use property located?
The property is located at 124 Brooklyn Road Napoleon, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Mixed‑use property with 1,052 SF main‑floor commercial space plus a 912 SF upper apartment; Main‑floor commercial space includes a fully equipped commercial kitchen and all kitchen equipment; Upper apartment is occupied by a long‑term tenant paying $1,400/month
