Property profile

5303 Old Us 23 Brighton, MI 48114

OFF-MARKET
Retail properties & Spaces
2,568 SF 0.33 ac lot Built 1992
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Property summary

AI-generated overview

This exceptional 2,568-square-foot free-standing retail building is situated on a 0.333-acre lot at 5303 Old US 23 in Brighton, Michigan, 48114. Built in 1992, this single-story structure offers significant potential for a variety of businesses. The asking price is $309,000, translating to $120.33 per square foot. The property boasts eight parking spaces, a significant advantage for customer convenience. Its location on the busy Old US 23 corridor ensures high visibility and accessibility, further enhanced by its proximity to US-23 and I-96. The interior is open and adaptable, allowing for flexible build-outs to suit diverse business needs. The property is zoned B-3 - Special Business District, providing a range of permitted uses. The parcel number is 4712-32-201-012. This prestigious Brighton address offers a prime opportunity for businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation routes. The building is ready for final touches to suit a new owner's vision.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1992
Total area 2,568 SF
Lot 0.33 ac (14,505 SF)

Cap rate & NOI

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

Location

5303 Old Us 23 Brighton, MI 48114
Brighton 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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