Property profile

183 Broadway St Orion Township, MI 48362

OFF-MARKET
Retail properties & Spaces
3,484 SF 0.47 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional 1,700 square foot office space, part of a larger 3,484 square foot building, presents a unique opportunity in the vibrant heart of downtown Lake Orion, Oakland County. Located within walking distance of numerous restaurants and Lake Orion's recreational attractions, this property boasts a prime location next to a children's park and enjoys river frontage. The building, constructed in 1972, is a two-story structure situated on a 0.47-acre lot. Currently available as a single-tenant space, this versatile property is ideal for a variety of businesses, including screen printing, fulfillment centers, embroidery shops, or service-based offices. The space is adaptable and offers the potential for subdivision to accommodate multiple tenants, should the need arise. The current owner is open to negotiating renovations to customize the space to meet specific business requirements. This is a rare opportunity to establish a presence in a thriving downtown area with high visibility and convenient access to amenities. The property is classified as both Traditional and Creative Office space, reflecting its adaptability and potential. The building's total square footage is 3,484 square feet.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1972
Total area 3,484 SF
Lot 0.47 ac (20,473 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Custom T-Shirt Store

Location

183 Broadway St Orion Township, MI 48362
Orion Township 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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