440 Ortonville Rd Ortonville, MI 48462
- Retail space
- 1,672 SF
- 0.69 lot acres
Current Use by Public Records
- Retail space
Property Details for 440 Ortonville Rd
- Year built
- 1995
- Lot size
- 0.69 lot acres
- Property size
- 1,672 SF
- Zone code
- AI
- Property type
- Retail space
- APN
- DO-03-18-152-002
- APU
- DO0318152002
Description
This exceptional investment opportunity in Ortonville, MI, presents two buildings totaling three units on a 0.69-acre lot situated on M-15. The property includes a residential unit and a commercial building with two additional units, offering diverse income potential. The combined square footage is 1,200 square feet. The expansive 0.69-acre lot provides ample space for potential parking expansion or development of additional stabilized areas. The property's strategic location on M-15 makes it highly visible and accessible, ideal for a variety of commercial ventures, such as a coffee shop or similar businesses. The property consists of multiple parcel IDs. Prior uses did not involve on-site laundry operations, eliminating any concerns regarding contaminants or cleaning agents. Showings are strictly by appointment only. Please refrain from contacting tenants directly. All inquiries must be directed through the appropriate channels. This property offers a unique blend of residential and commercial space, presenting a compelling investment opportunity with significant upside potential. The existing structures provide immediate income generation, while the ample land offers room for future expansion and development. This is a rare chance to acquire a well-located, versatile property in a growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ortonville
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4492
- Latitude
- 42.8445
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
