Remodeled Mixed-Use
6865 Middlebelt Road Garden City, MI 48135
6865 Middlebelt Road, Garden City, MI, 48135
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For Sale
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Storefront property with two separate units, private entrances, and a private parking lot with 10 spaces.
Property Size2,400 SF
Price / SF$124.96
Days on Market76
Property Features for 6865 Middlebelt Road
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Retail, Office, Special Purpose
Building Details
- Year Built
- 1959
Listing agency
The Signature Group Realty
Listed by
Sam Mahdi · License #MI 6501355931
Source
Crexi
Added: May 8 Updated: Jul 21 at 8:43PM Checked: Jul 21 at 8:43PM
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 The Signature Group Realty
Investment Insights
Based on property information with market context.
This storefront property was previously used for durable medical equipment and supplies and has since been divided into two separate units with private entrances. One unit is completely remodeled and ready for immediate occupancy, while the second unit has been gutted to the studs for a custom build-out.
The property is located on highly traveled Middlebelt Road and features approximately 80 feet of road frontage. It sits directly across from Garden City High School, with City Hall and the Police Station just blocks away.
On-site parking includes a private lot with approximately 10 parking spaces, including two handicap-accessible spots.
The property is located on highly traveled Middlebelt Road and features approximately 80 feet of road frontage. It sits directly across from Garden City High School, with City Hall and the Police Station just blocks away.
On-site parking includes a private lot with approximately 10 parking spaces, including two handicap-accessible spots.
Key Highlights
- 1959‑built commercial storefront on Middlebelt Rd with approx. 80 ft of road frontage
- Building divided into 2 separate units with private entrances for flexible owner‑user or multi‑tenant use
- One unit fully remodeled and move‑in ready; second unit gutted to the studs for custom build‑out
Local Financial Insights For Healthcare Medical
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 | $48.1k | $20.04 |
| − Vacancy | −$6.0k | −$2.49 |
| EGI | $42.1k | $17.55 |
| − OpEx | −$16.8k | −$7.02 |
| NOI | $25.3k | $10.53 |
2,400 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$361.0K
$315.9K – $421.2K
NOI $25,273 @ 7.0% cap · market cap 8.43%
Second Best
Retail
$324.9K
$284.3K – $379.0K
NOI $22,740 @ 7.0% cap · market cap 7.58%
Theoretical Best
Specialty Retail
$444.3K
$388.8K – $518.4K
NOI $31,104 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Advanced Medical Supply-Mi
Medical Supply Store
Bus depot
Parking Lot & Garage
Similar For Sale Nearby
Similar Off Market Nearby
- The Wild Iris Floral Boutique — 6205 Middlebelt Rd, Garden City, MI 48135
- Kroger Floral Department — 7350 N Middlebelt Rd, Westland, MI 48185
FAQs
What type of property is this?
Storefront property - Storefront property with two separate units, private entrances, and a private parking lot with 10 spaces.
Where is this storefront property located?
The property is located at 6865 Middlebelt Road Garden City, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1959‑built commercial storefront on Middlebelt Rd with approx. 80 ft of road frontage; Building divided into 2 separate units with private entrances for flexible owner‑user or multi‑tenant use; One unit fully remodeled and move‑in ready; second unit gutted to the studs for custom build‑out
