Property summary
This exceptional investment opportunity presents a 3,600 square foot building situated on a 0.28-acre lot in Millington, Michigan, directly on M-15. The property boasts a thriving storefront business, generating immediate income. Adding to its appeal are two spacious, two-bedroom apartments upstairs, consistently rented for over four years with reliable tenants. This provides a stable and predictable rental income stream. Beyond the existing business and apartments, the property includes two additional spaces, currently unused. These versatile areas offer significant potential for expansion. They could be leased for storage, generating additional rental income, or renovated to accommodate new businesses, further increasing the property's value and profitability. The building has been meticulously maintained, reflecting its excellent condition. This turnkey operation offers a rare blend of established income and significant upside potential, making it an ideal investment for discerning buyers seeking a strong return on investment in a desirable location. The property's prime location on M-15 ensures high visibility and accessibility, attracting both customers and tenants. This is a truly exceptional opportunity not to be missed.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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