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Flex Industrial Building with 3-Phase Power

309 S Steer Street, Addison, MI 49220

For Sale
$325,000

Commercial Sale, Addison, MI

Property Size5,288 SF
Lot Size0.68 Acres
Price / SF$61.46
Days on Market35

Property Features for 309 S Steer Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Elementary school district Addison
Middle school district Addison
High school district Addison
Standard status Active
APN RL1-300-8015-00
Size 5,288 SF
Lot size 0.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THAT PART OF SW 1/4 OF NE 1/4 SEC 6 BEG AT NW COR OUTLOT A ASSESS PLAT NO 1 RUNN TH S'LY ALG A 1008.8 FT CURVE LEFT 91.6
Tax Annual Amount 2293
Legal Description THAT PART OF SW 1/4 OF NE 1/4 SEC 6 BEG AT NW COR OUTLOT A ASSESS PLAT NO 1 RUNN TH S'LY ALG A 1008.8 FT CURVE LEFT 91.6

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Number of units 1
Building materials Block, Brick
Listing Agency: ERA REARDON REALTY, L.L.C.
Listed By: ALEX C PERLOS · License MI #6501210977
Added: Oct 6 Last Checked: Nov 9 at 1:06PM
MLS# 26053221

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.

At 309 S Steer Street in Addison, this 5,288-square-foot flex property occupies 0.68 acres. The block building includes office space and a bathroom, with forced-air heating. Three-phase electrical service and existing bus duct provide key infrastructure for industrial operations.

The property is zoned Light Industrial, with manufacturing, contractor, warehouse, and industrial uses identified as permitted categories. Its combination of office and industrial space is located within an established Addison address, with access to area highways and surrounding communities.

Key Highlights

  • 5,288‑square‑foot building on 0.68 acres
  • Three‑phase electrical service and existing bus duct
  • Block construction with office space and a bathroom

Property Analytics

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

Springdale Automatics Inc Industrial Manufacturer

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Building Supply Nail Salon Grocery & Convenience Store Restaurant

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
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49220, MI

2,390
Population
1,313
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
96%
High-School Grad
32.0 sq mi
ZIP Area
75
Density / Sq Mi
$70,726
Median Household Income
$37,364
Median Earnings
$803
Median Rent
$205,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Flex space in Lenawee County, MI

$63.24 Jul
$52.14 Aug
$79.36 Sep
$73.2 Oct

Properties on Market for Flex space in Lenawee County

Jul
Aug
Sep
Oct

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 - Light Industrial zoning accommodates manufacturing, contractor, warehouse, and other industrial uses.
Where is this flex space located?
The property is located at 309 S Steer Street Addison, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5,288‑square‑foot building on 0.68 acres; Three‑phase electrical service and existing bus duct; Block construction with office space and a bathroom
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