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Property profile & analytics
OFF-MARKET
Retail space

119 Shiawassee St Corunna, MI 48817-1435

4,269 SF 0.1 ac lot
Entity Owned 12-yr Hold Free & Clear
Property ID
US43-2268278
Property summary
AI-generated overview

This exceptional 3,800-square-foot retail space is ideally situated in the heart of downtown Corunna, Michigan, at 119 N Shiawassee St, zip code 48817. Built in 1920, this single-tenant storefront offers a fantastic opportunity for a variety of businesses, including restaurants and other retail ventures. The property boasts ample street parking, supplemented by convenient city parking lots nearby. Its prime location on busy N. Shiawassee Street provides excellent visibility and accessibility, with easy access to the M-21 intersection, ensuring high foot traffic and convenient access for customers. The property's APN is 026-10-024-004. This is a blank canvas for a discerning tenant to create a thriving business. The space is currently vacant and ready for immediate occupancy. The property is classified as a retail space, specifically a storefront and restaurant type. This presents a unique chance to establish a presence in a vibrant downtown area with a strong local community. Don't miss this chance to secure a prominent location in a thriving Michigan town.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 4,269 SF
Lot 0.1 ac (4,487 SF)
Zoning code RA
APN 026-10-024-004
UPID US43-2268278
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
Current use
Occupant on record · Public records
  • Hometown Variety Store Grocery & Convenience Store Food Market
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
Olmdsted Marketing LLC · 12 yrs held
Olmdsted Marketing LLC
since 2014
2 recorded transactions
2014
$60,000
2010
Price N/A
Zoning & alternative use
RA · Corunna, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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