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Property profile & analytics
FOR SALE
Grocery and convenience stores

8774 Dixie Hwy Clarkston, MI 48348

3,138 SF 0.09 ac lot Built 1960
Entity Owned 13-yr Hold Free & Clear
Property ID
US43-1826624
Property summary
AI-generated overview

This 3,138 square foot industrial property, situated on a 0.09-acre lot at 8774 Dixie Highway in Clarkston, Michigan, presents a unique opportunity for a small business seeking high visibility. The building's previous use as a liquor store provides a ready-made space with existing infrastructure, though a deed restriction prohibits the sale of beer, wine, or liquor by future owners. The property benefits from its excellent location just off the highway, ensuring high traffic counts and significant exposure to potential customers. Its proximity to a Chrysler dealership further enhances its strategic positioning within a busy commercial area. The building's 3,138 square feet offer ample space for a variety of business uses, subject to local zoning regulations and the aforementioned deed restriction. This property is priced competitively at $149,900 and represents a compelling investment for entrepreneurs seeking a well-located, established space to launch or expand their operations. The high traffic counts and prominent location make this an exceptional opportunity for businesses seeking maximum visibility and accessibility. Serious inquiries are encouraged to explore the potential of this Clarkston commercial property.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1960
Total area 3,138 SF
Lot 0.09 ac (3,920 SF)
Zoning code C2
APN U -07-24-126-006
UPID US43-1826624
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Suham LLC · 13 yrs held
Suham LLC
since 2012
6 recorded transactions
2012
Price N/A
2010
Price N/A
2009
Price N/A
2003
$120,000
2003
$250,000
2000
Price N/A
Zoning & alternative use
C2 · Clarkston, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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