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    OFF-MARKET
    Retail properties & Spaces

    5987 26 Mile Rd, Washington, MI 48094

    23,000 SF 4 ac lot Built 2005
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 2005
    Total area 23,000 SF
    Lot 4 ac (174,240 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Main Street Bicycles (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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