4675 M-28, Kenton, MI 49967
This 1,728 square foot commercial building, constructed in 2005, enjoys a highly visible location on Highway M-28 in Kenton, Michigan. The fully insulated structure offers significant potential for a variety of business ventures or even conversion to residential use. Heating is provided by both an LP furnace and an outdoor wood boiler, offering efficient and cost-effective options. The interior layout is already well-suited for commercial use, featuring a dedicated display area (both inside and outside), restrooms, a shower room, a kitchenette, and a separate office space. This ready-to-use space eliminates the need for extensive renovations, allowing for a quick start to operations. The property sits on a 0-acre lot, minimizing land maintenance. 2023 tax information reveals a taxable value of $23,390, a state equalized value (SEV) of $61,571, and total taxes of $1,153. This represents a significant opportunity for entrepreneurs seeking a well-equipped and conveniently located commercial space in a thriving community. The property's adaptability makes it suitable for a wide range of businesses, offering a strong return on investment. Interested parties are encouraged to explore the possibilities this versatile property presents.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.