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    FOR LEASE
    Specialty properties

    3277 Sterns Rd, Lambertville, MI 48144

    1,080 SF 0.5 ac lot
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US43-1349517
    3277 Sterns Rd, Lambertville, MI 48144 For Lease
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    3277 Sterns Rd, Lambertville, MI 48144
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    Property summary
    AI-generated overview

    This exceptional commercial property, located at 3277 W Sterns Rd, Lambertville, MI 48144, presents a rare ground lease opportunity in a highly desirable area. The 0.5-acre lot, zoned commercial (APN: 02 032 055 10), boasts a 2,311 square foot single-story building, formerly used as a veterinary clinic. Its prime location at the main intersection of W Sterns Rd and Secor places it amidst a thriving retail environment. National retailers such as Arby's, Tropical Smoothie Cafe, Walgreens, Huntington Bank, Taco Bell, Tractor Supply, and Burger King are in close proximity, ensuring high visibility and foot traffic. The property is available immediately, offering a monthly lease rate of $5,500. This is an excellent chance to establish a business in a bustling Michigan suburb, just north of Toledo, Ohio. The property is suitable for a variety of commercial uses given its zoning and location. The single-tenant building offers a solid foundation for redevelopment or immediate occupancy. Don't miss this opportunity to secure a prominent position in this dynamic commercial corridor.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Total area 1,080 SF
    Lot 0.5 ac (21,780 SF)
    APN 02-032-055-10
    UPID US43-1349517
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Comparable Approach Comparable
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    Owner & transaction history
    Coleman Real Estate Holdings LLC · 9 yrs held
    Coleman Real Estate Holdings LLC
    since 2016
    2 recorded transactions
    2020
    2016
    $263,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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