18853 Us-12 New Buffalo, MI 49117
This exceptional 6,480-square-foot Class B office building, constructed in 2007, presents a compelling investment opportunity in New Buffalo, Michigan. Located at 18853 US-12, this single-building property sits on a 1.18-acre lot and is zoned C-1. The building features six units, offering flexibility for owner-occupancy and rental income. Approximately 4,200 square feet are currently available, easily divisible into three 1,400-square-foot units. Two existing tenants, Moco Floors & Homes by Dutch Mill, occupy the remaining space, generating consistent rental revenue. The vacant unit boasts two convenient overhead doors in the rear, providing excellent access. Multiple entrances and exits directly onto US-12 ensure high visibility and accessibility. Benefit from prominent monument signage along US-12, a high-traffic area with approximately 8,176 vehicles passing daily. This location is ideal for a variety of uses, including home supply vendors, retail businesses, or professional offices. Please note that the property is not zoned for cannabis-related businesses. The asking price is $799,000, translating to $123.30 per square foot. This presents a rare chance to acquire a well-situated, income-producing property in a desirable Michigan location.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.