Commercial Building with Kitchen
8127 Miller Road Swartz Creek, MI 48473
8127 Miller Road, Swartz Creek, MI, 48473
$309,900
For Sale
$309,900
COMMERCIAL - Swartz Creek, MI
Property Size1,020 SF
Lot Size0.18 Acres
Price / SF$303.82
Days on Market71
Property Features for 8127 Miller Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- 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
Building Details
- Roof type
- Flat
Listing Agency
Keller Williams First
(810) 515-1503
10785 S Saginaw St Suite E, Grand Blanc, MI
Listed by
Michele Papatheodore · License #123319
(810) 516-3060
Added: May 12 Updated: Jun 12 at 10:41 am Checked: Jul 21 at 1:06 am
MLS# 50207355
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Investment Insights
Based on property information with market context.
This fully renovated commercial building includes updates to both the exterior and interior presentation. The ceilings were raised to 9 feet from 7.5 feet, and recent improvements include new James Hardie siding, an Amish-built roof from approximately 2.5 years ago, and a full commercial drip cap. Inside, the space features a luxury bathroom with a floating vanity, slate-style vinyl tile, and a modern kitchenette with soft-close shaker cabinets and quartz countertops. The layout includes one front entrance and two rear entrances, supporting flexible use and a possible multi-office configuration. A back room is set up with existing exhaust and venting for a commercial kitchen and is currently used for storage, making it ready for conversion.
The property is located at 8127 Miller Road in Swartz Creek, directly across from a newly remodeled funeral home that has recently undergone a major upgrade. The existing building configuration can accommodate businesses that benefit from easy access from the front and additional rear entries for operations and workflow.
With its existing kitchen exhaust/venting and adaptable layout, the space can fit a range of service, office, or food-focused uses, including a cafe or other food service concept that requires commercial venting. The ductwork has been professionally cleaned and sanitized, and the property includes a modern interior finish package to support new occupancy upon conversion of the back room.
The property is located at 8127 Miller Road in Swartz Creek, directly across from a newly remodeled funeral home that has recently undergone a major upgrade. The existing building configuration can accommodate businesses that benefit from easy access from the front and additional rear entries for operations and workflow.
With its existing kitchen exhaust/venting and adaptable layout, the space can fit a range of service, office, or food-focused uses, including a cafe or other food service concept that requires commercial venting. The ductwork has been professionally cleaned and sanitized, and the property includes a modern interior finish package to support new occupancy upon conversion of the back room.
Key Highlights
- Heated and cooled by forced air heating and central air conditioning
- Flat roof with a 2.5‑year‑old Amish‑built roof and full commercial drip cap
- 9‑foot ceilings (raised from 7.5 feet) plus newly installed James Hardie siding
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 | $17.4k | $17.04 |
| − Vacancy | −$2.4k | −$2.35 |
| EGI | $15.0k | $14.69 |
| − OpEx | −$3.7k | −$3.67 |
| NOI | $11.2k | $11.02 |
1,020 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$160.5K
$140.5K – $187.3K
NOI $11,237 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$151.3K
$132.4K – $176.5K
NOI $10,589 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$214.6K
$187.8K – $250.4K
NOI $15,024 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Fully renovated building with raised ceilings and existing exhaust/venting for a future commercial kitchen concept.
Where is this office units located?
The property is located at 8127 Miller Road Swartz Creek, MI.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Heated and cooled by forced air heating and central air conditioning; Flat roof with a 2.5‑year‑old Amish‑built roof and full commercial drip cap; 9‑foot ceilings (raised from 7.5 feet) plus newly installed James Hardie siding
