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Commercial Rental Building For Sale
For Sale
$1,150,000

462 West Sanilac Rd, Sandusky, MI 48471

Commercial Rental Buiding

Property Size20,000 SF
Lot Size1.93 Acres
Price / SF$57.50
Days on Market175

Property Features for 462 West Sanilac Rd

General Information

Standard status Active
Property type Strip malls, Shopping malls
Size 20,000 SF
Net Rentable 20,000 SF
Class A
Total Parking Spaces 50
Elevators N/A
Lot size 1.93 Acres
Occupancy 50%
Investment Type Net Lease
Net Operating Income $85,200

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 4
Listing Agency:
Listed By: Dan
Added: Feb 27 Changed: Apr 8

Investment Insights

Based on property information with market context.

This commercial rental building, located in Sandusky, Michigan, offers 20,000 square feet of space on a 1.9-acre lot. Situated in the county seat, the property benefits from high traffic volume due to its location on the major state highway M-46. Currently, two units are occupied under rental agreements, while two units are available for rent.

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store Smokers Cove (Bike/Boat/Book/etc) Store Real Video Store Big Box & Wholesale Store

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Storage Facility Locksmith Kitchen & Bath Showroom Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 48471, MI

5,668
Population
2,556
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
92%
High-School Grad
100.9 sq mi
ZIP Area
56
Density / Sq Mi
$62,661
Median Household Income
$36,201
Median Earnings
$733
Median Rent
$129,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Commercial Rental Buiding
Where is this strip mall located?
The property is located at 462 West Sanilac Rd Sandusky, MI.
What is the asking price?
The asking price for this property is $1,150,000.
More about this property
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