1523 M28 Seney, MI 49883
- Industrial properties
- 6,954 SF
- 0.33 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1523 M28
- Year built
- 1955
- Lot size
- 0.33 lot acres
- Property size
- 6,954 SF
- Property type
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seney
- County
- Schoolcraft
- State
- Michigan
- Longitude
- -86.2414
- Latitude
- 46.346
