10435 State Rd, Millington, MI 48746-9341
This exceptional Millington investment opportunity boasts a 7,520 square foot strip mall strategically located on M-15, offering 185 feet of prime road frontage. The property includes six tenant spaces, each equipped with a private bathroom, air conditioning, furnace, utility closet, and 200-amp electrical service. Currently enjoying 100% tenant occupancy for 2024, this property provides immediate and consistent income generation. Adding to its versatility, a substantial pole barn with electric service and a 10' x 14' roll-up door sits on the 3.97-acre lot, providing ample space for various uses, such as a contractor's yard or a mobile business base. The expansive yard space offers further potential for expansion or outdoor storage. The property's location on M-15 ensures high visibility and significant drive-by traffic. A potential added entrance off Willard Road is also a possibility. This turnkey investment is further enhanced by the availability of an additional 3 contiguous acres for purchase, presenting significant expansion opportunities. Buyer to verify all information.
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Asilynot Coffee Company Cafe & Coffee Shop
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JE INSTALLATIONS Telecommunications Service Data Center
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The M15 Snack Shack Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.