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Property profile & analytics

6798 Dixie Hwy Vlg Village of Clarkston, MI 48346

  • Retail properties
  • 7,440 SF
  • 1.55 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 6798 Dixie Hwy Vlg

Lot size
1.55 lot acres
Property size
7,440 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This 7,440 square foot retail property, located at 6798 Dixie Hwy in the Village of Clarkston, Michigan (zip code 48346), presents a unique investment opportunity. Situated on a 1.55-acre waterfront lot with ample parking, this high-visibility location boasts 31,755 vehicles per day passing on Dixie Highway, between Main Street and White Lake Road. The existing building, totaling 7,440 square feet, includes a 1,970 square foot office space with a 3,940 square foot walkout lower level featuring full windows on two sides, and a 3,500 square foot adjacent cinema. The property features seven bathrooms. Both the office and cinema have been vacant for several years, presenting potential for renovation, repurposing, or demolition and new construction. The property is zoned for a variety of uses, including C-1, C-2, C-3, C-4, O-1, O-2, PUD, and PRU. The asking price is $895,000 ($120.30/sq ft), and the owner is open to negotiating land lease or land contract terms. This prime location offers significant potential for redevelopment and is in close proximity to downtown Clarkston.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Village of Clarkston
County
Oakland
State
Michigan
Longitude
-83.4224
Latitude
42.7225
More about this property
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