Property profile

117 Us-23 Harrisville, MI 48740

OFF-MARKET
Retail properties & Spaces
9,016 SF 1.07 ac lot Built 1989
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Property summary

AI-generated overview

This exceptional Harrisville, MI retail property boasts 9,016 square feet across two buildings situated on a 1.07-acre lot with 322 feet of prime US-23 frontage. The property enjoys a high daily traffic count of 6,800 vehicles, providing unparalleled visibility and accessibility. The main building offers 4,800 square feet, while the adjacent building provides an additional 4,216 square feet of space. Both buildings feature steel roofs installed in 2023 and utilize wood heating. The property's versatile layout presents numerous business opportunities, including a used car lot, tractor and snowmobile sales, income-generating storage units, a drive-thru car wash, an oil lube/tire operation, or a landscaping/floral business. The current U-Haul business, generating $17,000 annually, is transferable to the new owner. This is a remarkable chance to establish or expand a thriving business in a high-demand location. The asking price is $295,000. This property offers significant potential for a wide range of commercial ventures.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1989
Total area 9,016 SF
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

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

Location

117 Us-23 Harrisville, MI 48740
Harrisville metro
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Value estimations

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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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