568 W Center Rd, Essexville, MI 48732
This exceptional Class A retail property, located at 568 W Center Rd, Essexville, MI 48732, offers 1,400 square feet of meticulously renovated space (2024). The single-tenant building, situated on a 5.3-acre lot, boasts a convenient location with high visibility on a busy highway and excellent signage opportunities. Originally constructed in 1965, the two-story building has undergone a complete renovation in 2024, ensuring modern amenities and functionality. The property includes 30 parking spaces, catering to both customers and employees. Currently configured as a five-station salon and barber shop, complete with sinks and a private special care room, the space presents significant potential for a variety of uses, including medical offices, as suggested by its submarket classification. The building is served by CMS power and features Commercial zoning (APN: 070-049-400-065-00). The property's proximity to multi-family dwellings ensures a strong potential customer base. The building has no elevators. Cross street is Knight Rd. This is a rare opportunity to acquire a well-maintained, high-visibility retail property in a thriving Essexville location. The 10% load factor contributes to efficient space utilization.
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
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.