Renovated Mixed-Use Commercial
For Sale
$299,000
8127 Miller Road, Swartz Creek, MI 48473
COM/IND/BUS OPP, Swartz Creek, MI
Property Size1,020 SF
Lot Size0.18 Acres
Price / SF$293.14
Days on Market148
Property Features for 8127 Miller Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Subdivision
Brady & Hedglen Sub
Lot features
Main Street
Standard status
Active
APN
58-02-527-001
Size
1,020 SF
Lot size
0.18 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
luxury bathroom
modern kitchenette
exhaust and venting for commercial kitchen
Building Details
Roof type
Flat
Listing Agency:
Keller Williams First · Keller Williams Realty
(810) 515-1503
Listed By:
Michele Papatheodore · License #123319
(810) 516-3060
Added: May 12
Changed: Aug 19
Last Checked: Oct 6 at 8:06AM
MLS# 50207355
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully renovated mixed-use property provides 1,020 square feet of commercial space with 9-foot ceilings, one front entrance, and two rear entrances. The interior includes a luxury bathroom, modern kitchenette with shaker cabinetry and quartz countertops, and a rear room with existing exhaust and venting for a commercial kitchen. The layout can be configured for multiple offices or other business uses, while the rear area is currently used for storage.
Exterior improvements include new James Hardie siding, a 2.5-year-old Amish-built roof, and a full commercial drip cap. The building also has forced-air heating, central air, public water, a flat roof, and a basement. Ductwork has been professionally cleaned and sanitized. Located in downtown Swartz Creek, the property sits across from a remodeled funeral home and near a new baseball diamond under construction.
Exterior improvements include new James Hardie siding, a 2.5-year-old Amish-built roof, and a full commercial drip cap. The building also has forced-air heating, central air, public water, a flat roof, and a basement. Ductwork has been professionally cleaned and sanitized. Located in downtown Swartz Creek, the property sits across from a remodeled funeral home and near a new baseball diamond under construction.
Key Highlights
- 1,020 SF fully renovated mixed‑use commercial property
- 9‑foot ceilings raised from 7.5 feet
- One front entrance and two rear entrances support flexible configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,237
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,740
$224.7K
Cap Rate 7%
$160,529
$160.5K
Cap Rate 9%
$124,856
$124.9K
Market Conditions
NOI Build-Up for 1,020 SF
Gross rent
$17.4K $17.04/SF
− Vacancy
−$2.4K −$2.35/SF
EGI
$15.0K $14.69/SF
− OpEx
−$3.7K −$3.67/SF
NOI
$11.2K $11.02/SF
Area
Genesee County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,740
Cap Rate 7%
$160,529
Cap Rate 9%
$124,856
Alternative Uses
Best Use
Office B
$160.5K
$140.5K – $187.3K
NOI $11,237 @ 7.0% cap · market cap 3.76%
Second Best
Mixed Use
$139.3K
$121.9K – $162.6K
NOI $9,754 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$214.6K
$187.8K – $250.4K
NOI $15,024 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
9 ft
Clear height
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 48473, MI
22,035
Population
9,853
Households
2.2
Avg Household Size
45
Median Age
25%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
392
Density / Sq Mi
$76,765
Median Household Income
$40,908
Median Earnings
$1,092
Median Rent
$191,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible interior supports office layouts and food-service conversion.
Where is this mixed-use property located?
The property is located at 8127 Miller Road Swartz Creek, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,020 SF fully renovated mixed‑use commercial property; 9‑foot ceilings raised from 7.5 feet; One front entrance and two rear entrances support flexible configuration
