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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

41861 M-40 Paw Paw, MI 49079

8,168 SF 4.39 ac lot Built 1977
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1977
Total area 8,168 SF
Lot 4.39 ac (191,228 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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