5303 Old Us Hwy 23 Brighton, MI 48114-7523

Property Details for 5303 Old Us Hwy 23

Year built

1848

Lot size

0.33 lot acres

Property size

1,848 SF

Zone code

B-3

Property type

Commercial real estate

APN

12-32-201-012

APU

1232201012

Description

This exceptional 2,900 square foot office building, situated on a 0.7-acre lot in Brighton, Michigan, presents a unique investment opportunity. Currently vacant, this Class B property boasts two units within two buildings, each spanning two stories, and was constructed in 1995. The property is zoned for OFFICE/RETAIL use, offering considerable versatility. Significant renovations have already commenced, including completed demolition, a poured basement plumbed for an additional bathroom, and a new front entrance foundation. Architectural plans for a complete renovation of the main building and a detached garage ("Suite B") are finalized and approved. The property features a private well and Brighton Township sewer. Its prime location, just off the recently improved 5-lane Old US Hwy 23, ensures high visibility and traffic flow. The asking price is $309,000 ($106.55/sq ft). The seller, a local builder/developer, is willing to consider a short-term land contract with interest-only payments during renovations. This property is ideally suited for a variety of uses, including medical, dental, veterinary (with the outbuilding perfect for kenneling), spa, real estate, insurance, or retail operations. The high traffic area and potential for substantial rental income (estimated $7,000-$8,500 monthly as an executive office center) make this a compelling investment. The property is ready for immediate occupancy, with all permitting and zoning approvals completed.