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Live-Work Property with Finished Garage
New
For Sale
$350,000

13465 Horning Road, Brooklyn, MI 49230

Commercial Sale, Brooklyn, MI

Property Size2,124 SF
Lot Size3.03 Acres
Price / SF$164.78
Days on Market2

Property Features for 13465 Horning Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Res
Bathrooms 4
Full bathrooms 3
Rooms Basement, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
Elementary school district Columbia
Middle school district Columbia
High school district Columbia
Standard status Active
APN 000-20-23-100-002-01
Size 2,124 SF
Lot size 3.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG AT N 1/4 POST SEC 23 TH N89(DEGREES)17'47''E 164.11 FT ALG N LN OF SD SEC 23 TH S00(DEGREES)40'07''E 575 FT ALG E LN
Tax Annual Amount 3229
Legal Description BEG AT N 1/4 POST SEC 23 TH N89(DEGREES)17'47''E 164.11 FT ALG N LN OF SD SEC 23 TH S00(DEGREES)40'07''E 575 FT ALG E LN

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Well

Amenities

insulation
heating
cooling
garage bathroom
walkout basement

Building Details

Year built 2001
Number of units 1
Building materials Vinyl Siding
Roof type Composition
Listing Agency: ERA Reardon Realty
Listed By: Michelle Epperly
Added: Oct 22 Last Checked: Oct 23 at 2:06PM
MLS# 26056167

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.

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Investment Insights

Based on property information with market context.

Set on 3.03 acres, this live-work property includes a 2,124-square-foot residence and a finished garage. The garage has insulation, heating, cooling, and a bathroom; it previously housed a dog grooming business. The home was built in 2001 and includes three bedrooms, an open floor plan, and a walkout basement.

Propane service, a private well, and a septic system serve the property. Any business use, rental arrangement, or home conversion is subject to applicable zoning and township approvals.

Key Highlights

  • 3.03‑acre property with a 2,124‑square‑foot residence
  • Finished garage has insulation, heating, cooling, and a bathroom
  • Residence includes three bedrooms, an open floor plan, and a walkout basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,801
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,020 $356.0K
Cap Rate 7%
$254,300 $254.3K
Cap Rate 9%
$197,789 $197.8K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$30.6K $14.40/SF
− Vacancy
−$6.9K −$3.23/SF
EGI
$23.7K $11.17/SF
− OpEx
−$5.9K −$2.79/SF
NOI
$17.8K $8.38/SF
Area
Jackson County, MI
Vacancy
22.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,020
Cap Rate 7%
$254,300
Cap Rate 9%
$197,789

Alternative Uses

Best Use
Office B
$254.3K
$222.5K – $296.7K (±1% cap)
NOI $17,801 @ 7.0% cap · market cap 5.09%
Second Best
Mixed Use
$251.5K
$220.0K – $293.4K (±1% cap)
NOI $17,603 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$339.1K
$296.7K – $395.6K (±1% cap)
NOI $23,734 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 49230, MI

10,364
Population
6,108
Households
1.7
Avg Household Size
52
Median Age
27%
College-Educated
96%
High-School Grad
64.0 sq mi
ZIP Area
162
Density / Sq Mi
$81,052
Median Household Income
$52,448
Median Earnings
$1,116
Median Rent
$252,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - A residence and climate-controlled garage provide separate spaces for living and work-related use.
Where is this live-work space located?
The property is located at 13465 Horning Road Brooklyn, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3.03‑acre property with a 2,124‑square‑foot residence; Finished garage has insulation, heating, cooling, and a bathroom; Residence includes three bedrooms, an open floor plan, and a walkout basement
More about this property
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