105 Wackerly St Midland, MI 48640-2780
This exceptional 1,200 square foot retail space is located at 105 W Wackerly St, Midland, MI 48640. The property features a single-tenant occupancy and offers a large, open floor plan, making it suitable for a variety of businesses. Specifically, the layout is well-suited for uses such as a dance studio or martial arts facility. A convenient in-suite private restroom is included. The property enjoys excellent accessibility, with close proximity to Eastman Avenue and US-10, ensuring high visibility and convenient access for customers and employees. This prime location in Midland, Michigan presents a fantastic opportunity for businesses seeking a well-appointed space in a thriving community. The property's open design provides flexibility for customization to meet specific business needs. The address is easily accessible from major roadways, offering significant advantages for both customer traffic and logistical operations. This retail space represents a compelling investment opportunity in a desirable Midland location.
2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison-shopping needs of residents. Because of the variety of uses permitted in the CC District, special attention shall be focused on site layout…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Midland, MI2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison-shopping needs of residents. Because of the variety of uses permitted in the CC District, special attention shall be focused on site layout, building design, vehicular and pedestrian circulation, design compatibility, and coordination of site features between adjoining sites. 3. RC - Regional Center District The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertainment, office, finance, and related business uses to serve the needs of re sidents of the City and region. The Regional Center District is intended to be the City of Midland Zoning Ordinance
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.