20143 Hwy, McMillan, MI 49925
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.