1206 Russell Rd Tecumseh, MI 49286
- Coworking space
- 1,982 SF
- 3.55 lot acres
Current Use by Public Records
- Coworking space
Property Details for 1206 Russell Rd
- Lot size
- 3.55 lot acres
- Property size
- 1,982 SF
- Property type
- Coworking space
- APN
- RA0-104-1050-00
Description
This exceptional investment opportunity presents a vacant, two-story brick building situated on a substantial 3.55-acre lot in Tecumseh, Michigan. The property, identified by APN RA0-104-1050-00, boasts 1,982 square feet of net rentable space, priced at $126.14 per square foot, totaling an asking price of $250,000. The building is categorized as mixed-use, encompassing retail, multifamily, and office potential, and is currently zoned C-1 Commercial, offering a wide range of development possibilities. Its strategic location provides excellent visibility and accessibility. Neighboring businesses include a medical office to the west, and to the east, an electrical contractor, an ice cream stand/miniature golf course, and auto repair shops. Across the street lies the City of Tecumseh and residential properties. The property's size and zoning make it ideal for a variety of commercial ventures. This unique offering presents a rare chance to acquire a significant commercial property in a thriving community. The single unit building is currently vacant, allowing for immediate customization and tenant selection. This presents a blank canvas for a savvy investor to create a profitable enterprise. The property's ample lot size provides significant expansion potential or ample parking. This is a prime opportunity to capitalize on the growing commercial landscape of Tecumseh.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tecumseh
- County
- Lenawee
- State
- Michigan
- Longitude
- -83.9626228
- Latitude
- 41.9916443
