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    5303 Old Us 23 Brighton, MI 48114

    Sponsored
    For Sale
    $309,000

    Free-standing retail space, high visibility.

    Property size:
    2,568 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2,568-square-foot free-standing retail building is situated on a 0.333-acre lot at 5303 Old US 23 in Brighton, Michigan, 48114. Built in 1992, this single-story structure offers significant potential for a variety of businesses. The asking price is $309,000, translating to $120.33 per square foot. The property boasts eight parking spaces, a significant advantage for customer convenience. Its location on the busy Old US 23 corridor ensures high visibility and accessibility, further enhanced by its proximity to US-23 and I-96. The interior is open and adaptable, allowing for flexible build-outs to suit diverse business needs. The property is zoned B-3 - Special Business District, providing a range of permitted uses. The parcel number is 4712-32-201-012. This prestigious Brighton address offers a prime opportunity for businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation routes. The building is ready for final touches to suit a new owner's vision.

    Property Features for 5303 Old Us 23

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,568 SF
    Lot Size
    14,505 SF

    Building Details

    Year Built
    1992
    Stories
    1

    HighLights

    • High‑traffic location on Old US 23 corridor in Brighton, MI.
    • Open floor plan adaptable to various business needs.
    • Excellent access to US‑23 and I‑96.
    • Prestigious Brighton address.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7588554
    Latitude
    42.52704

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    FAQs

    What type of property is this?
    Individual retail property - Free-standing retail space, high visibility.
    Where is this individual retail property located?
    The property is located at 5303 Old Us 23 Brighton, MI.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: High-traffic location on Old US 23 corridor in Brighton, MI.; Open floor plan adaptable to various business needs.; Excellent access to US-23 and I-96.
    (248) 476-3700
    Request Owner's contact information
    5303 Old Us 23 Brighton, MI 48114
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    Brighton, MI 48114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5303 Old Us 23 Brighton, MI 48114
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