8766 Lewis Ave Temperance, MI 48182-9380
- Office buildings
- 1,482 SF
- 0.27 lot acres
Current Use by Public Records
- Joseph Lascala / Chiropractor
Property Details for 8766 Lewis Ave
- Lot size
- 0.27 lot acres
- Property size
- 1,482 SF
- Property type
- Office buildings
- APN
- 02-023-041-00
- APU
- 202304100
Description
This vacant, 1,664-square-foot Class B office building in Temperance, Michigan, presents a unique owner-user opportunity. Located at 8766 Lewis Ave, this two-story property sits on a 0.3-acre lot and is zoned for commercial use (Parcel Number: 02 023 041 0). Previously used as a chiropractic office, the building features three upstairs offices, two exam rooms, and three ADA-accessible restrooms. A full basement provides ample storage space. The interior boasts beautiful hardwood floors, while updated electrical and plumbing systems, along with newer mechanicals, ensure modern functionality. Exterior amenities include asphalt parking with a handicap-accessible ramp. Renovated in 2015, this versatile space is ideal for a variety of office uses, including creative, medical, or traditional office settings. Seller financing is available. The asking price is $199,900, translating to $120.13 per square foot. The property is also available for lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $190,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $230,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $245,000
- Mixed-Use
- $250,000
- Hospitality
- $185,000
- Educational
- $215,000
- Residential Income
- $230,000
- Energy
- $225,000
- Income-Based Land
- $255,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Temperance
- County
- Monroe
- State
- Michigan
- Longitude
- -83.5683
- Latitude
- 41.7755
- CBSA code
- 33780
- CBSA name
- MONROE, MI METROPOLITAN STATISTICAL AREA
