5507 Lansing Rd Charlotte, MI 48813-9375
This exceptional commercial property in Charlotte, MI, presents a remarkable investment opportunity. The offering encompasses two substantial buildings situated on a generous 1.2-acre lot, comprised of two parcels totaling 0.99 acres and an additional 0.21 acres. The main building, boasting 5,876 square feet, is ideally suited for a showroom or cultivation facility. A complete renovation has prepared this space for immediate occupancy. Significant improvements include new storefront doors and windows installed in 2020, a new hot water heater (2020), and a new metal roof (2022). Furthermore, two new furnaces and an air conditioning unit, purchased in 2021, are included in the sale, though never installed. The second building, approximately 4,000 square feet, offers versatile space perfect for a workshop, processing facility, or storage. This building features a roof replaced around 2017/2018. The combined square footage of nearly 10,000 provides extensive space for a variety of commercial uses. This property's strategic location, substantial size, and recent upgrades make it an exceptional opportunity for a discerning investor or business owner seeking a turnkey operation. The asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Charlotte, MICharlotte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.