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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    8877 Onsted Hwy, Onsted, MI 49265-9679

    1,923 SF 1.11 ac lot Built 1988
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1439813
    Property summary
    AI-generated overview

    This exceptional commercial property in Onsted, MI, presents a unique investment opportunity. Located at 8877 Onsted, this 1,923 square foot building sits on a 1.1-acre lot in a high-traffic area, adjacent to a Dollar General. Established in 1988, the property benefits from significant multigenerational foot traffic, ensuring a strong customer base. Ample parking is available, and the property offers considerable room for expansion, catering to a variety of business needs. The building underwent a complete update and remodel in 2019, resulting in a clean, well-maintained, and attractive space. Currently configured to accommodate two businesses, one side features a long-term tenant with a thriving business, further enhancing foot traffic. This tenant will remain, providing immediate income potential for the new owner. The other side of the building, currently housing the Ad Lib Coffee Business, is also available for sale, offering a turnkey operation or the opportunity to establish a new venture. The property's prime location, existing infrastructure, and expansion potential make it an ideal investment for entrepreneurs seeking a well-established and thriving business environment. The asking price for this exceptional property is $279,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1988
    Total area 1,923 SF
    Lot 1.11 ac (48,352 SF)
    Zoning code CI
    APN CA8-127-1150-00
    UPID US43-1439813
    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
    • ad-lib coffee & ice cream Cafe & Coffee Shop
    • Ad-Lib x Musgrove + Company Cafe & Coffee Shop
    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
    Onsted Development LLC · 4 yrs held
    Onsted Development LLC
    since 2021
    5 recorded transactions
    2022
    2021
    2019
    2019
    $190,000
    1969
    Zoning & alternative use
    CI · Onsted, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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