Property summary
This exceptional retail property, located at 5987 26 Mile Rd, Washington, MI 48094, presents a unique investment opportunity. The 4,738 square foot building sits on a 4-acre lot and boasts 200 parking spaces, ensuring ample customer convenience. Built in 2005, the structure is zoned C-1, allowing for a variety of commercial uses. The property enjoys excellent visibility and a prime location in a thriving commercial area, sharing proximity with established businesses such as 7-Eleven, PNC Bank, and Sapori Restaurant. Its strategic position near major transportation routes and the Macomb Orchard Trail provides exceptional accessibility. The existing bicycle shop tenant is closing soon, making this a blank canvas for a new business or an expansion opportunity for an existing one. The building's substantial size (23,000 total square feet) offers potential for expansion or subdivision. The property's location in Macomb County, Michigan, offers access to a strong demographic base. This is a rare chance to acquire a well-situated, sizable retail space with significant potential for growth and return on investment. The property's cross street is Mound Road.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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