20312 M-28 Ewen, MI 49925
- Investment properties
- 3,960 SF
- 0.69 lot acres
Current Use by Public Records
- Investment properties
Property Details for 20312 M-28
- Year built
- 2004
- Lot size
- 0.69 lot acres
- Property size
- 3,960 SF
- Property type
- Investment properties
Description
This meticulously maintained 3,960 square foot commercial building is situated conveniently on M-28, just half a mile west of Ewen, Michigan. Constructed in 2004, the property boasts a spacious 20' x 34' covered entrance and sits on a 0.69-acre lot. Currently, the building houses a thriving mix of established businesses including a hair, nail, and tanning salon, a chiropractic office, and an ophthalmologist's practice. The existing leases present a compelling investment opportunity for a buyer seeking immediate income generation. Alternatively, the property offers significant potential for a new business venture, providing ample space and high visibility on a busy highway. The building's excellent condition and prime location make it an attractive proposition for a variety of commercial uses. Tax information is available upon request, including the State Equalized Value ($86,480), Taxable Value ($81,567), and Total Taxes ($4,395). This turnkey opportunity is priced at $199,000. Further details and scheduling of viewings can be arranged.
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
- Ewen
- County
- Ontonagon
- State
- Michigan
- Longitude
- -89.2889
- Latitude
- 46.5351
