2474 Orch Lk Rd Sylvan Lake, MI 48320-1532
This exceptional retail property, located at 2474 Orchard Lake Rd in Sylvan Lake, Michigan, presents a lucrative investment opportunity. Boasting 2,600 square feet of space, this property is situated on a 0.49-acre lot and was constructed in 1966. The asking price is $1,100,000, translating to a price per square foot of $423.08. The property offers ample parking, with a ratio of 4.6 spaces per 1,000 square feet, ensuring convenient access for customers. Its prime location in Sylvan Lake, within Oakland County, and its easily accessible address on Orchard Lake Rd (zip code 48320) provide excellent visibility and high traffic potential. The property's 2,600 square feet provide ample space for a variety of retail businesses. This is a rare opportunity to acquire a well-established retail space in a thriving Michigan community. The property's size and location make it ideal for a range of retail ventures, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is currently listed for sale.
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MP Fashion (Bike/Boat/Book/etc) Store
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Total Performance Physical Therapy Physician
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The Shy Shop Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Sylvan Lake, MISylvan Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.