Property profile

4675 M-28 Kenton, MI 49967

OFF-MARKET
Investment properties
1,728 SF Built 2005
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Year built 2005
Total area 1,728 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4675 M-28 Kenton, MI 49967
Kenton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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