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Millington Mixed-Use Opportunity
For Sale
$199,500

8516 State Rd, Millington, MI 48746

Updated commercial building with income potential in downtown Millington.

Property Size6,713 SF
Lot Size0.18 Acres
Days on Market150

Property Features for 8516 State Rd

General Information

Standard status Active
Size 6,713 SF
Lot size 0.18 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,343

Building Details

Building Size 6,713 SF
Year Built 1876
Listing Agency:
Listed By: Jason Loomis
Source: Elliman
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 20 at 10:08AM

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 Jason Loomis

Investment Insights

Based on property information with market context.

This mixed-use commercial building in Millington, originally constructed in 1874, presents an opportunity for investors and owner-users. The property has undergone improvements since 2017, including a new roof, new siding on the front and back, a new balcony/walk-up deck, a new rear concrete delivery pad, and a new double rear door at the large storefront. Additional upgrades include updated electrical and lighting, all new upstairs windows and doors, and new storefront windows. The building offers multiple functional spaces, including a large storefront, a dedicated groomer room with newer plumbing and dryer hookup, and a salon area with updated electrical, a new furnace, and a new front window. The salon space has a month-to-month lease in place, offering income potential. The property is located on State Road and has completed capital improvements.

Key Highlights

  • Updated commercial building with significant capital improvements since 2017, including new roofing, siding, windows, and doors.
  • Versatile mixed‑use property with multiple functional spaces: large storefront, groomer room with plumbing, and salon area.
  • Existing income potential from a month‑to‑month salon lease.

Property Analytics

Current Use

The Mane Salon 1:6 Hair Salon Diane’s Dog Pawlour Pet Grooming Service

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Dental Office Pharmacy Big Box & Wholesale Store

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

143
Businesses Nearby

Demographics for 48746, MI

8,163
Population
3,721
Households
2.2
Avg Household Size
46
Median Age
10%
College-Educated
93%
High-School Grad
82.2 sq mi
ZIP Area
99
Density / Sq Mi
$67,879
Median Household Income
$41,633
Median Earnings
$923
Median Rent
$166,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated commercial building with income potential in downtown Millington.
Where is this mixed-use property located?
The property is located at 8516 State Rd Millington, MI.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Updated commercial building with significant capital improvements since 2017, including new roofing, siding, windows, and doors.; Versatile mixed‑use property with multiple functional spaces: large storefront, groomer room with plumbing, and salon area.; Existing income potential from a month‑to‑month salon lease.
More about this property
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