Corunna, MI 48867
- Retail properties
- 50,508 SF
- 8.20 lot acres
Current Use by Public Records
- Retail properties
Property Details
- Year built
- 1992
- Lot size
- 8.20 lot acres
- Property size
- 50,508 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Riverwood Crossing, located at E M 21 in Corunna, Michigan (zip code 48867), offers exceptional retail, restaurant, and office space opportunities. This single-story, 50,508 square foot shopping center, built in 1992 and renovated in 2015, sits on 8.2 acres of land and is zoned for commercial use. Currently, there are seven suites in total, with 15,025 square feet of vacant space available. Individual suite sizes range from 1,050 to 5,400 square feet, with a maximum contiguous space of 5,400 square feet. The center enjoys a high-traffic location next to a Super Walmart, drawing customers from a 30-mile radius, boasting a daily vehicle count of 24,000 and a trade area population exceeding 50,000. This vibrant shopping center is anchored by established businesses including Harbor Freight, Dollar Tree, ATI Physical Therapy, and Jet's Pizza, providing strong synergy and a built-in customer base. The property's versatile spaces are ideal for a variety of uses, including retail, restaurants, general office space, or medical offices. Located in Shiawassee County, this property presents a compelling investment opportunity in a thriving commercial area.
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
- Corunna
- County
- Shiawassee
- State
- Michigan
- Longitude
- -84.1063
- Latitude
- 42.9987
