12517 Mill Street, Carleton, MI 48117

Building Details

Building Size 9,000 SF More

Year Built 1988 More

Buildings 2 More

Listing Agency: Coldwell Banker Haynes Real Estate Commercial

Listed By: Cole McNew · License #6501447424 Show Phone

Source: Alleyrealestatesales

Added: Nov 2 Last Checked: Nov 6 at 2:19AM

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Investment Insights

Based on property information with market context.

Two adjacent buildings are available together as a flex-space property in Carleton. The combined site covers approximately 0.81 acres and includes warehouse, shop, storage, and office areas. The property was built in 1988 and is zoned Commercial, Non-Conforming.

Mill Street provides the property address, with regional access to I-275, I-75, and US-24.

Key Highlights

• Two adjacent commercial buildings offered together
• Approximately 0.81 acres
• Warehouse, shop, storage, and office areas

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Auto Parts 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.

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

126

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48117, MI

10,154

Population

4,316

Households

2.4

Avg Household Size

46

Median Age

14%

College-Educated

92%

High-School Grad

54.1 sq mi

ZIP Area

188

Density / Sq Mi

$76,600

Median Household Income

$52,338

Median Earnings

$1,081

Median Rent

$276,600

Median Home Value

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 - Two adjacent buildings are offered together, with warehouse, shop, storage, and office areas across the property.

Where is this flex space located?

The property is located at 12517 Mill Street Carleton, MI.

What is the lease rate?

The lease rate is $9,000/Mo.

What are key features of this property?

This property features: Two adjacent commercial buildings offered together; Approximately 0.81 acres; Warehouse, shop, storage, and office areas