28740 Utica Rd Roseville, MI 48066-2534
This exceptional commercial property, located at 28740 Utica Road in Roseville, Michigan, presents a unique investment opportunity. The 1,100 square foot building, constructed in 1968, sits on a 0.13-acre lot and features a single story with 10-foot ceilings. Currently configured as a storefront and warehouse, this versatile space offers significant potential for a variety of businesses. The property boasts a prime location on Utica Road, providing excellent visibility and accessibility. Its convenient location near Gratiot Avenue ensures easy access to major thoroughfares. The property includes ample on-site parking, enhancing its appeal to both customers and employees. The building is currently licensed by the Department of Agriculture for manufacturing, opening doors to various food-related businesses. The property's layout allows for potential expansion, with the possibility of a 20-foot build-out or a second-story addition, subject to necessary approvals. A $25,000 kitchen equipment package is available for purchase separately. This property is ideal for owner-users seeking a blend of retail and warehouse space, or for investors looking for a strong return in a thriving commercial area. The asking price is $199,000. The property's APN is 08-14-17-206-012. This is a single-tenancy property in Macomb County, with the zip code 48066.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
B-3 · Roseville, MIRoseville. 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.