Multi-Building Flex and Warehouse
3552 Avon Street Hartland, MI 48353
3552 Avon Street, Hartland, MI, 48353
Contact for pricing
For Sale
Contact for pricing
One parcel includes five buildings totaling office, retail, and warehouse space across 1.25 acres.
Property Size20,360 SF
Lot Size1.25 Acres
Price / SF$46.66
Days on Market36
Property Features for 3552 Avon Street
General Information
- Standard status
- Active
- Size
- 20,360 SF
- Lot size
- 1.25 Acres
- Property subtype
- Mixed Use, Office, Industrial
Building Details
- Year Built
- 1890
Listing agency
Callan/Luke RE/MAX Commercial Brokers
Listed by
John Luke · License #MI 229646
Source
Crexi
Added: Jun 16 Updated: Jul 20 at 8:20PM Checked: Jul 21 at 10:56AM
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 Callan/Luke RE/MAX Commercial Brokers
Investment Insights
Based on property information with market context.
This for-sale property is a five-building commercial campus on a single parcel. The configuration includes a two-story office building with office space on both the first and second floors, along with retail capabilities on the first floor. A neighboring two-story building is operated as a hair salon. Behind these are two additional warehouse buildings, including one described as a welder/fabricator and another that houses a staging company.
All buildings are located on 1.25 acres and are intended to be sold together as one offering. The overall site provides a mix of office, retail, and industrial warehouse functions within the same property footprint.
The campus includes approximately 5,000 square feet in the office/retail building, about 3,500 square feet for the hair salon building, and warehouse spaces of approximately 2,960 and 4,000 square feet, respectively.
All buildings are located on 1.25 acres and are intended to be sold together as one offering. The overall site provides a mix of office, retail, and industrial warehouse functions within the same property footprint.
The campus includes approximately 5,000 square feet in the office/retail building, about 3,500 square feet for the hair salon building, and warehouse spaces of approximately 2,960 and 4,000 square feet, respectively.
Key Highlights
- One parcel on 1.25 acres includes five buildings to be sold together.
- 2‑story office building (~5,000 SF) with 1st- and 2nd‑floor office space plus 1st‑floor retail capabilities.
- Adjacent 2‑story hair salon building (~3,500 SF).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.2k | $6.00 |
| − Vacancy | −$28.7k | −$1.41 |
| EGI | $93.5k | $4.59 |
| − OpEx | −$23.4k | −$1.15 |
| NOI | $70.1k | $3.44 |
20,360 SF · lease $6.00/SF/yr · vacancy 23.50% · expense 25.00%
Alternative Uses
Best Use
Retail
$3.01M
$2.63M – $3.51M
NOI $210,616 @ 7.0% cap · market cap 22.17%
Second Best
Warehouse
$2.13M
$1.86M – $2.48M
NOI $148,901 @ 7.0% cap · market cap 15.67%
Theoretical Best
Healthcare Medical
$3.24M
$2.84M – $3.78M
NOI $227,012 @ 7.0% cap · market cap 23.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Flex space - One parcel includes five buildings totaling office, retail, and warehouse space across 1.25 acres.
Where is this flex space located?
The property is located at 3552 Avon Street Hartland, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: One parcel on 1.25 acres includes five buildings to be sold together.; 2‑story office building (~5,000 SF) with 1st- and 2nd‑floor office space plus 1st‑floor retail capabilities.; Adjacent 2‑story hair salon building (~3,500 SF).
