4435 Imlay City Rd Attica, MI 48412
This exceptional 40.5-acre estate in Attica, Michigan, presents a unique investment opportunity. The property boasts a 6,500 square foot, two-story Class B retail building constructed in 2015, featuring 2,500 square feet of net rentable space. Currently zoned for retail use, the property is ideally suited for a variety of businesses, including daycare, grocery store, or restaurant operations. The property includes five buildings in total, and a substantial pole barn with its own utilities (water, septic, electric, and gas), offering significant expansion potential. The main building features extensive woodwork, vaulted ceilings, hardwood floors, and a finished walkout basement with a bedroom, bathroom, bar, theater, and wine cellar. Outdoor amenities include a covered patio, front porch, chicken coops, a dog kennel, sheep yard, and two ponds. The property is located at 4435 Imlay City Rd, Attica, MI 48412, and is offered at $1,650,000 ($253.85 per square foot). All appliances, including a new refrigerator and stove (installed August 2023), are included. The property is in move-in condition and includes a home warranty. This is a rare opportunity to acquire a versatile commercial property with significant residential features on a large parcel of land. The property's multiple buildings and expansive acreage provide ample room for growth and development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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