Property profile

10691 Grand River Ave Fowlerville, MI 48836

OFF-MARKET
Industrial properties
2,939 SF 0.9 ac lot Built 1919
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Property summary

AI-generated overview

This exceptional 2,939 square foot free-standing industrial building in Fowlerville, MI, presents a compelling investment opportunity. Currently housing a thriving breakfast and lunch restaurant (operating 7 AM to 3 PM daily with seating for 85 guests and occupying 2,000 square feet), the property also includes 880 square feet of vacant space ideal for retail use or a meeting room. The building sits on a 0.9-acre lot with ample paved parking. The property is zoned "Neighborhood Service Commercial," offering flexibility for various business ventures. A significant advantage is the potential for increased revenue by extending operating hours and introducing catering services. The building is available via land contract, offering attractive terms with a low down payment. The asking price of $175,000 is for the business and building

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 2,939 SF
Lot 0.9 ac (39,204 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
  • Restaurant

Location

10691 Grand River Ave Fowlerville, MI 48836
Fowlerville 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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