2490 Cedar St Holt, MI 48842-2104

This exceptional redevelopment opportunity encompasses a 1.14-acre parcel at 2490-2500 Cedar St, Holt, MI 48842, offering high visibility in a bustling commercial corridor. The property currently features a 4,929 square foot multi-tenant storefront building with three units, currently at 50% occupancy, under a NNN lease with three years remaining. The asking price is $795,000, translating to $161.29 per square foot. The strategic location, just 0.5 miles south of the I-96/S Cedar St Interchange, ensures significant traffic exposure. Further enhancing its potential, the property is zoned C-2 and presents the unique possibility of combining with an adjacent parcel to create a substantial 2.34-acre corner lot. This presents a rare chance to develop a significant retail presence in a high-demand area. The existing building provides immediate income potential while offering flexibility for future redevelopment plans. This is an ideal investment for developers seeking a prime location with strong growth potential in Ingham County, Michigan.