Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Auto shops

    118 Corunna Ave, Corunna, MI 48817-1311

    480 SF 0.11 ac lot Built 1981
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US43-2068258
    Property summary
    AI-generated overview

    This 480-square-foot commercial property is ideally situated in downtown Corunna, Michigan, just one block from Shiawassee Street. The property boasts a convenient location with a large parking lot, adding significant appeal for potential tenants or business owners. The building is constructed of block and benefits from access to natural gas, municipal water, and sewer services. Internal features include an overhead garage door, a half-bath, and convenient alley access. The property sits on a 0.12-acre lot, offering ample space for various uses. The versatile nature of this space presents numerous possibilities for a variety of businesses. A lease option is available at a monthly rate of $850, with the tenant responsible for all associated expenses. This presents a unique opportunity for both ownership and tenancy, making it an attractive investment or business location in the heart of Corunna. The property's prime location and practical features make it a compelling option for entrepreneurs and investors seeking a foothold in a thriving downtown area. The combination of ample parking, convenient utilities, and versatile space makes this property a standout opportunity.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1981
    Total area 480 SF
    Lot 0.11 ac (5,009 SF)
    Zoning code RA
    APN 026-10-011-012
    UPID US43-2068258
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Todd Wiegel · 3 yrs held
    Todd Wiegel
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    RA · Corunna, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 118 Corunna Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message