5576 Oak St 12, Onondaga, MI 49264-9796
This exceptional .23-acre commercial lot in Onondaga, Michigan, presents a unique development opportunity. Located at 5576 Oak St, in Ingham County, this property is zoned C1 Commercial and boasts a highly visible location across from the Post Office and next to the Township Fire Department. Previously the site of the Onondaga Tavern, the land has undergone complete site preparation. All remnants of the former structure have been removed, the well has been capped, and the septic system has been eliminated, leaving a clean slate for your project. The property's strategic placement within a busy area of Onondaga Township ensures high visibility and accessibility for any new business. With its convenient location and cleared lot, this parcel is ideal for a diverse range of commercial ventures. The asking price is $25,000, making this an attractive investment opportunity for developers seeking a prime location in a thriving community. The 49264 zip code offers easy access to local amenities and major transportation routes. This is a rare chance to acquire a fully prepared commercial lot in a desirable area of Ingham County. Don't miss this chance to build your business in a prime location.
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ATM Atm
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Onondaga Tavern Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.