Turn-Key Corner Retail
N 8009 N Mckinley Road Unit SourceFi Flushing, MI 48433
N 8009 N Mckinley Road Unit SourceFi, Flushing, MI, 48433
$165,000
For Sale
$165,000
Corner commercial building offers a fully finished main level plus additional finished basement space.
Property Size1,120 SF
Price / SF$147.32
Days on Market133
Property Features for N 8009 N Mckinley Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 1,120 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing Agency
REMAX Town & Country
(810) 287-1535
Listed by
Quinton Bartlett · License #FAAR-135334
(810) 287-1535
Source
Xome
Added: Mar 10 Checked: Jul 20 at 1:41 am
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 REMAX Town & Country
Investment Insights
Based on property information with market context.
This turn-key corner commercial building was built in 1985 and features passive-solar construction with newer vinyl windows. The property is set up as a salon with well-appointed interior equipment that could be included with a strong offer. The main floor provides full usable space, and an additional full finished basement level is available for added flexibility. Wood basement construction and flooring are described as keeping the lower level dry and comfortable year-round.
The lot has frontage on Mount Morris Rd and McKinley Rd in Flushing Township, and the property is positioned for high-traffic visibility. A large parking area supports customer access, and an ADA ramp provides convenient entry.
A roof replacement is noted as new in 2026. The building’s overall condition is described as clean and well maintained, supporting immediate occupancy for the right user.
The lot has frontage on Mount Morris Rd and McKinley Rd in Flushing Township, and the property is positioned for high-traffic visibility. A large parking area supports customer access, and an ADA ramp provides convenient entry.
A roof replacement is noted as new in 2026. The building’s overall condition is described as clean and well maintained, supporting immediate occupancy for the right user.
Key Highlights
- Corner commercial lot with frontage on Mount Morris Rd and McKinley Rd in Flushing Twp
- Built in 1985 passive‑solar construction with green technology
- Full finished main level with 1,120 sq ft plus an additional 1,120 sq ft in a fully finished basement
Local Financial Insights For Retail
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 | $17.3k | $15.48 |
| − Vacancy | −$728 | −$0.65 |
| EGI | $16.6k | $14.83 |
| − OpEx | −$5.0k | −$4.45 |
| NOI | $11.6k | $10.38 |
1,120 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$166.1K
$145.3K – $193.8K
NOI $11,627 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.7K
$206.2K – $275.0K
NOI $16,497 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ultimate Visions Unisex ...
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Corner commercial building offers a fully finished main level plus additional finished basement space.
Where is this storefront property located?
The property is located at N 8009 N Mckinley Road Unit SourceFi Flushing, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Corner commercial lot with frontage on Mount Morris Rd and McKinley Rd in Flushing Twp; Built in 1985 passive‑solar construction with green technology; Full finished main level with 1,120 sq ft plus an additional 1,120 sq ft in a fully finished basement
