Entity Owned Property summary
A centrally located commercial building in the Downtown District of Brighton, Michigan, situated on the corner of Grand River and North St with frontage on two streets. The building is configured with an open floor area, two half baths, and mechanical systems including a newer boiler and a roof-mounted HVAC unit. A flat roof and roof-mounted equipment are present, and the property includes a private parking lot; however, the current zoning does not require parking for businesses. The building has two street addresses (Grand River and North St) and features two exterior signage locations, including one mounted on the building’s roof and one freestanding. The property is designed such that it may support redevelopment for uses such as a bar or restaurant, with the parking lot potentially repurposed for patio or outside seating.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purposes of the Downtown Business district is to encourage and direct a form of development, within the boundaries of the DBD, that will achieve the physical qualities necessary to maintain and enhance the economic v…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
DBD · Brighton, MIThe purposes of the Downtown Business district is to encourage and direct a form of development, within the boundaries of the DBD, that will achieve the physical qualities necessary to maintain and enhance the economic v…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purposes of the Downtown Business district is to encourage and direct a form of development, within the boundaries of the DBD, that will achieve the physical qualities necessary to maintain and enhance the economic v…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DBD in Brighton, MI.
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