Mixed-Use Property with
1461 S Huron Rd, Kawkawlin, MI 48631
For Sale
New
$945,000
A retail and food-and-beverage operation includes a cafe, bar and lounge areas, and an equipped liquor store.
Property Size6,173 SF
Lot Size1.06 Acres
Price / SF$153.09
Days on Market5
Property Features for 1461 S Huron Rd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Mixed-Use Components
Liquor License
Building Details
Building Size
Year Built
Stories
Listing Agency:
TDG Commercial
Listed By:
Brock Bean · License #462328
Source:
Cpix.resimplifi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:44PM
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 TDG Commercial
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Investment Insights
Based on property information with market context.
This 6,173-square-foot mixed-use property, built in 1940, occupies 1.06 acres and is zoned C-2. Its commercial spaces include an equipped liquor store, a cafe, and bar and lounge areas. Liquor inventory is included in the sale. A house at the rear of the property could be converted into two rental units.
The site has more than 101 feet of frontage on S Huron Rd in Kawkawlin, Michigan.
The site has more than 101 feet of frontage on S Huron Rd in Kawkawlin, Michigan.
Key Highlights
- 6,173‑square‑foot mixed‑use property on 1.06 acres
- Commercial spaces include an equipped liquor store, cafe, and bar and lounge areas
- Rear house has potential for conversion into two rental units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,068
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,360
$1.3M
Cap Rate 7%
$900,971
$901.0K
Cap Rate 9%
$700,756
$700.8K
Market Conditions
NOI Build-Up for 6,173 SF
Gross rent
$88.9K $14.40/SF
− Vacancy
−$4.8K −$0.78/SF
EGI
$84.1K $13.62/SF
− OpEx
−$21.0K −$3.41/SF
NOI
$63.1K $10.22/SF
Area
Bay County, MI
Vacancy
5.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,360
Cap Rate 7%
$900,971
Cap Rate 9%
$700,756
Alternative Uses
Best Use
Specialty Retail
$901.0K
$788.4K – $1.05M
NOI $63,068 @ 7.0% cap · market cap 6.67%
Second Best
Mixed Use
$744.1K
$651.1K – $868.1K
NOI $52,085 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$1.12M
$977.8K – $1.30M
NOI $78,224 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 48631, MI
4,260
Population
1,942
Households
2.2
Avg Household Size
48
Median Age
20%
College-Educated
91%
High-School Grad
32.9 sq mi
ZIP Area
129
Density / Sq Mi
$77,813
Median Household Income
$50,139
Median Earnings
$772
Median Rent
$164,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A retail and food-and-beverage operation includes a cafe, bar and lounge areas, and an equipped liquor store.
Where is this mixed-use property located?
The property is located at 1461 S Huron Rd Kawkawlin, MI.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 6,173‑square‑foot mixed‑use property on 1.06 acres; Commercial spaces include an equipped liquor store, cafe, and bar and lounge areas; Rear house has potential for conversion into two rental units
