Property summary
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
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CI · Onsted, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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