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Property profile

10049 Buchanan Rd Canadian Lakes, MI 49346

OFF-MARKET
Office Spaces
21,000 SF 4.23 ac lot Built 1983
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Property summary

AI-generated overview

This exceptional 21,000-square-foot single-tenant office building presents a unique investment opportunity in the heart of Canadian Lakes, Michigan. Built in 1983, this traditional office space sits on a generous 4.23-acre lot, offering ample parking and high visibility from Buchanan Road. The property's Commercial 2 zoning allows for a variety of uses. The building itself boasts convenient doorstep parking and excellent signage opportunities, maximizing its presence within the thriving Canadian Lakes resort community. This area is a popular golf and summer resort destination, attracting significant seasonal and year-round traffic. The location benefits from proximity to several established businesses, including Hixon's Family Market, Canadian Lakes Pharmacy, Canadian Lake Eye Care, and Antlers Fireside Grill, creating a strong commercial synergy. The property is strategically positioned for easy access to major Michigan cities, with Grand Rapids, Kalamazoo, Lansing, and Flint all within a 1.5 to 2-hour drive. While the building does not feature elevators, its single-tenant configuration and substantial square footage offer significant potential for a variety of businesses seeking a prominent location in a desirable resort community. This is an exceptional opportunity to acquire a well-situated commercial property in a high-demand area.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 21,000 SF
Lot 4.23 ac (184,259 SF)

Cap rate & NOI

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

Location

10049 Buchanan Rd Canadian Lakes, MI 49346
Canadian Lakes 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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