Property profile

20143 Hwy McMillan, MI 49925

OFF-MARKET
Specialty properties
1,340 SF
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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

Location

20143 Hwy McMillan, MI 49925
McMillan metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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