12950 Brady St, Chesaning, MI 48616
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.