7315 Onsted Hwy Onsted, MI 49265
- Industrial properties
- 1,545 SF
- 13.80 lot acres
Current Use by Public Records
- Loar Storage / Storage Facility
Property Details for 7315 Onsted Hwy
- Year built
- 1900
- Lot size
- 13.80 lot acres
- Property size
- 1,545 SF
- Property type
- Industrial properties
Description
This exceptional investment opportunity encompasses a substantial 13.8-acre parcel in Onsted, Michigan, featuring a sizable 1,545 square foot, three-bedroom, two-bathroom home currently occupied by tenants under lease agreements. The property also boasts five additional outbuildings, some of which are currently leased to tenants generating existing income streams. The existing leases provide immediate cash flow, while the remaining space within the outbuildings presents a significant opportunity to increase rental income or utilize the space for personal storage or business operations. The property's expansive acreage includes a large pond, adding to its overall appeal and potential uses. The location is conveniently situated just south of the Village of Onsted, offering easy access to local amenities and transportation routes. This property is ideal for investors seeking a diversified income stream or entrepreneurs looking for a versatile space to establish their business. The existing structures are in place, minimizing upfront development costs and allowing for immediate occupancy and revenue generation. The combination of residential and commercial space, coupled with the ample land, makes this a truly unique and attractive investment opportunity. The property is being offered at $450,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Onsted
- County
- Lenawee
- State
- Michigan
- Longitude
- -84.18822
- Latitude
- 41.99187
