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    OFF-MARKET
    Specialty properties

    20143 Hwy, McMillan, MI 49925

    1,340 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 20143 Hwy M28 in Ewen, Michigan, presents a unique investment opportunity. The 1,340 square foot building sits on a sizable lot exceeding half an acre, providing ample parking for customers. Boasting approximately 200 feet of frontage along the high-traffic M-28 highway, this property ensures maximum visibility for any business. The building's open-concept design offers flexibility for a wide range of commercial uses. Previously used as a barber shop, the space is ready for immediate occupancy and customization. Recent improvements include a newly renovated bathroom and a durable metal roof. Furthermore, the property benefits from convenient access to city sewer, water, and natural gas utilities. Its strategic location in Ewen, Luce County, Michigan (zip code 49925), offers easy access for customers and employees. The asking price for this versatile commercial property is $127,500. This is an ideal opportunity for entrepreneurs seeking a well-located, ready-to-use commercial space with significant potential for growth. The property's size and highway frontage make it an attractive option for businesses seeking high visibility and convenient customer access. Don't miss this chance to establish your business in a thriving community.

    Property profile
    Verified
    Property type Specialty properties
    Total area 1,340 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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