Property profile

12950 Brady St Chesaning, MI 48616

OFF-MARKET
Industrial properties
8,868 SF 2.98 ac lot Built 1919
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Property summary

AI-generated overview

This exceptional 8,868 square foot industrial property, situated on a generous 2.98-acre lot in Chesaning, MI, presents a unique investment opportunity. Located at 12950 Brady, this property boasts a prime commercial location with high visibility, benefiting from its proximity to key brands such as McDonald's, BP Gas Station & Store, and an adjacent Taco Bell. The building features a desirable 10-foot ceiling height, providing ample space and versatility. Multiple bathrooms are conveniently located throughout the property. The building offers both a covered porch entrance and a separate side entrance, making it ideally suited for multiple businesses to share the space. Previously utilized as a restaurant and banquet center, this adaptable property offers numerous possibilities for a variety of commercial uses. An added benefit is the inclusion of an outbuilding perfect for storage, along with an on-site generator, ensuring operational continuity. The property is being sold "as-is," allowing for creative redevelopment and customization to meet specific business needs. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area with significant potential for growth and return on investment. The asking price has been significantly reduced to $299,900.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 8,868 SF
Lot 2.98 ac (129,809 SF)

Cap rate & NOI

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

Location

12950 Brady St Chesaning, MI 48616
Chesaning metro
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Value estimations

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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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