5250 Old Us Hwy 23 Brighton, MI 48114-7701
- Commercial real estate
- 0.34 lot acres
Jan 29, 2024
Current Use by Public Records
- Commercial real estate
Property Details for 5250 Old Us Hwy 23
- Year built
- 2004
- Lot size
- 0.34 lot acres
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 12-32-201-009
- APU
- 1232201009
Description
This 3,306 square foot retail property, located at 5250 S Old US Hwy 23 in Brighton, Michigan (48114), is available for purchase. The sale includes both the existing business and the real estate, offering a unique opportunity for investment security and long-term growth. The property sits on a 0.34-acre lot and enjoys exceptional visibility on S Old US Hwy 23, a major thoroughfare with over 18,875 vehicles passing daily. This prime location benefits from proximity to several national retailers, including Kroger, Planet Fitness, Tropical Smoothie, and CVS, creating a high-traffic environment and increased customer exposure. The property's strategic position along Old US 23, a key route connecting Brighton and Hartland to I-96, provides access to both the Metro Detroit and Lansing markets. The surrounding area boasts a strong demographic profile, with over 50,000 residents within a five-mile radius and an average household income exceeding $124,000 annually. This presents a compelling opportunity to acquire a well-established business with significant growth potential in a thriving retail corridor. The existing business operations offer immediate revenue generation, while the property's location and high visibility provide a solid foundation for future expansion and increased profitability.
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Location Insight
- Map
- Local Demand
- City
- Brighton
- County
- Livingston
- State
- Michigan
- Longitude
- -83.7594
- Latitude
- 42.528
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA