29448-29452 Cherry Hill Rd Garden City, MI 48135
This exceptional retail storefront property, located at 29448-29452 Cherry Hill Road in Garden City, Michigan, presents a compelling investment opportunity. The property boasts a total of 3,000 square feet, divided into two conveniently sized units, ideal for a variety of retail or office uses. Situated on a 0.15-acre lot, this property is zoned C-1 Local Business, allowing for a wide range of commercial activities. The asking price is $199,000. Annual property taxes are under $3,950. The building offers significant potential for income generation, with limited-time reduced lease rates available starting at $6.00 per square foot, plus the added incentive of free rent. This prime location in Wayne County, Michigan, zip code 48135, offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a thriving commercial environment. The property's size and zoning make it suitable for a diverse range of businesses, ensuring a strong return on investment. Don't miss this chance to acquire a well-located, versatile retail space in a desirable Michigan market. Contact us today to learn more about this exceptional opportunity.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.