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Downtown Commercial Building For Sale
For Sale
$185,000

15 WELLS St, Croswell, MI 48422

4616 sq ft building in great downtown location.

Property Size4,616 SF
Price / SF$40.08
Days on Market118

Property Features for 15 WELLS St

General Information

Standard status Active
Size 4,616 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,665

Building Details

Year Built 1950
Listing Agency: Town & Country Realty L.L.C
Listed By: Virginia McNabb · License #6506039284
Source: Elliman
Added: Apr 26 Changed: Aug 12 Last Checked: Aug 20 at 9:26AM

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 Town & Country Realty L.L.C

Investment Insights

Based on property information with market context.

The property features a 4616 sq ft building in a downtown location. The front portion, approximately 3648 sq ft, is a masonry building estimated to have been built in the 1950s. It has a flat rubber roof that is approximately 6 years old. This area is divided into a showroom, office, lobby, and parts area, and is heated by natural gas forced air. A 968 sq ft pole barn addition was added in 2010-2011. The rear shop area is heated by a variety of heating units and includes overhead doors for vehicle access. The location has a bike score of 34, indicating it is somewhat bikeable, and a walk score of 23, indicating car dependence.

Key Highlights

  • Large Building: 4616 sq ft gross building area.
  • Prime Downtown Location.
  • Substantial Front Showroom/Office/Lobby Space: 3648 sq ft.

Property Analytics

Current Use

Bricker Auto Sales ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Spa & Massage Center Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Bakery

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

206
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48422, MI

6,130
Population
2,875
Households
2.1
Avg Household Size
43
Median Age
14%
College-Educated
89%
High-School Grad
95.2 sq mi
ZIP Area
64
Density / Sq Mi
$57,078
Median Household Income
$33,312
Median Earnings
$807
Median Rent
$162,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Showroom - 4616 sq ft building in great downtown location.
Where is this showroom located?
The property is located at 15 WELLS St Croswell, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Large Building: 4616 sq ft gross building area.; Prime Downtown Location.; Substantial Front Showroom/Office/Lobby Space: 3648 sq ft.
More about this property
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