For Sale
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Property summary
This exceptional 7,966 square foot office building, located at 11608 Fulton Street SE in Lowell, Michigan, presents a compelling investment opportunity. The single-story, Class B building sits on a generous 1.04-acre lot (APN: 41-20-04-401-011) and boasts a prime location along busy Fulton Street. Constructed in 1984, the structure features brick, stone, and wood exterior finishes, a frame/wood structural system, and a composition shingle roof. Interior features include concrete and wood flooring, electric forced-air heating, and central air conditioning. Ample parking is available. The property is zoned Commercial (COMM), offering considerable flexibility for a variety of uses, including but not limited to gas station, restaurant, retail, office, medical, or redevelopment projects. The asking price is $975,000, translating to $122.40 per square foot. The property is offered as a Net Net Net (NNN) lease with a 36-month term. Annual property taxes totaled $10,079 in 2021. The property is immediately available. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lowell market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
COMM · Lowell, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COMM in Lowell, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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