Property summary
This exceptional 7,744 square foot free-standing retail building, located at 302 W Corunna Ave, Corunna, MI 48817, presents a unique investment opportunity. Built in 1973, this Class A property sits on a 0.64-acre lot and boasts 6,912 square feet of net rentable space. The single-story building features a striking entry/lobby area with a spacious gathering space easily adaptable into smaller rooms, perfect for various business configurations. A full basement offers additional space, including a smaller meeting area and a private office. An attached garage provides convenient storage or workspace. The property is zoned RA and includes ample parking. While previously used as a funeral home, deed restrictions prohibit its future operation as such, opening the door for a wide range of alternative uses. This prime location in Shiawassee County offers excellent visibility and accessibility. The asking price is $359,900. This is an owner/user investment opportunity with significant potential for a variety of businesses. The property's versatile layout and substantial square footage make it ideal for a contractor's office, insurance agency, real estate office, or similar businesses. Don't miss this chance to acquire a well-maintained, spacious building in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
RA · Corunna, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for RA in Corunna, MI.
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