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    OFF-MARKET
    Industrial properties

    1523 M28, Seney, MI 49883

    6,954 SF 0.33 ac lot Built 1955
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6,954 square foot industrial property presents a compelling investment opportunity. Situated on a prominent 0.33-acre lot with 160 feet of frontage along the busy M28 highway, this location ensures high visibility and significant traffic flow. The building is strategically divided into sections, offering diverse income streams and expansion potential. A portion of the building is currently leased to the United States Post Office, providing a stable and reliable income source. The remaining space is occupied by an established breakfast diner, which also includes retail space. This versatile layout offers numerous possibilities for future tenants or business ventures. Potential uses could include, but are not limited to, a laundromat, antique shop, or storage rental facility. The high traffic count and strategic location make this property ideal for a variety of businesses seeking a high-visibility presence in a thriving community. The asking price for this income-generating property is $295,000. This represents a significant opportunity for investors seeking a strong return on investment in a prime commercial location. The property's size, location, and existing tenancy make it an attractive proposition for both established businesses and new ventures.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1955
    Total area 6,954 SF
    Lot 0.33 ac (14,375 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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