41861 M-40 Paw Paw, MI 49079
- Retail properties
- 8,168 SF
- 4.39 lot acres
Current Use by Public Records
- Retail properties
Property Details for 41861 M-40
- Year built
- 1977
- Lot size
- 4.39 lot acres
- Property size
- 8,168 SF
- Property type
- Retail properties
Description
This exceptional 8,168-square-foot retail property, situated on a generous 4.39-acre lot in Paw Paw, Michigan, presents a unique investment opportunity. Built in 1977 and renovated in 1986, the single-story building features two units and ample parking for 60 vehicles. The property boasts a versatile AG-LD zoning, allowing for a range of uses beyond traditional retail. Currently configured as a 7,400 square foot facility, the property is ideal for various agricultural operations, including a mini-farm, church, kennels, or a foster care home. Special use permits could accommodate banquets, cider/wine/beer production and sales. The existing infrastructure includes a convenient picnic shelter and a fully installed restaurant hood, ready for immediate use. The property's expansive acreage offers potential for farming and tourism-related activities. Propane gas supplies the building. This property is offered at $399,000 with a NNN lease type. The property includes one building with a total of 60 parking spaces.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paw Paw
- County
- Van Buren
- State
- Michigan
- Longitude
- -85.8787
- Latitude
- 42.2672
