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    Property profile & analytics
    OFF-MARKET Estimated value $1,575,000
    Retail space

    6961 Michigan Ave, Saline, MI 48176-8918

    10,420 SF 2.88 ac lot Built 2007
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-1234124
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot retail space, situated in a vibrant strip mall off Michigan Avenue and S State St, presents a unique opportunity for a quick-service restaurant or café. Built in 2007, this single-tenant property boasts a highly desirable drive-thru, ensuring convenient customer access. The bright and inviting interior features abundant natural light, a spacious prep and storage area, a walk-in refrigerator, and two restrooms. The property's excellent visibility is enhanced by prominent signage opportunities on both Michigan Avenue and the building façade, capitalizing on the high traffic volume of 24,000 vehicles daily. Located alongside established businesses such as O'Reilly Auto Parts and a Chase Bank drive-up ATM, the property offers ample parking for both customers and employees, with additional rear parking available. The convenient location near downtown Saline, US-23, and established residential neighborhoods makes this a truly exceptional opportunity. The property is move-in ready and zoned C-2, encompassing a total building area of 10,304 square feet, with 3,000 square feet currently vacant. The single-story building sits on a parcel with APN 12-28-300-030. This is an ideal location for a business seeking high visibility and convenient access in a thriving community.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2007
    Total area 10,420 SF
    Lot 2.88 ac (125,453 SF)
    APN L -12-28-300-030
    UPID US43-1234124
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • BIGGBY Coffee Cafe & Coffee Shop
    • Chase ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.58M
    Blend (final) Blend
    $1.58M
    Owner & transaction history
    Hamaraa LLC · 2 yrs held
    Hamaraa LLC
    since 2024
    7 recorded transactions
    2024
    2017
    2011
    $2.0M
    2009
    2007
    2007
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.6M +31.0%
    Commercial (general) $1.5M +24.4%
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