1120 Commerce Park Dr, Unit 1150 Dewitt, MI 48820-7967

Property Details for 1120 Commerce Park Dr

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

44.67 lot acres

Property size

15,000 SF

Zone code

A/BC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

050-015-200-016-00

APU

5001520001600

Description

This exceptional commercial property at 1120 Commerce Park Drive, Unit 1120, DeWitt, MI, presents a significant investment opportunity. The property encompasses a substantial 15,000 square feet situated on a 1.98-acre lot, offering significant flexibility and growth potential. The main structure features a 9,000 square foot banquet center, complete with a catering kitchen, multiple restrooms, and ample storage space. This versatile space is currently configured to accommodate large-scale events. In addition, there are four separate 1,500 square foot office suites, all currently leased, providing a steady income stream. These suites could be easily subdivided to create up to three additional units, increasing rental income further. The property's strategic location just north of I-69 and one block east of Business 27 places it within a thriving commercial area. Nearby amenities include a hotel, gas stations, a Meijer supermarket, strip malls, and various restaurants, ensuring high visibility and accessibility. The area is experiencing ongoing development, suggesting further growth and increased property value in the future. The current listing includes 1.98 acres, but additional acreage is available for larger-scale projects, making this an ideal opportunity for expansion or future development. This property offers a unique blend of established income and significant upside potential.

Location Insight

City

Dewitt

County

Clinton

State

Michigan

Longitude

-84.5369

Latitude

42.8249

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments