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Property profile & analytics

8877 Onsted Hwy Onsted, MI 49265-9679

  • Commercial real estate
  • 1,923 SF
  • 1.11 lot acres
OFF-MARKET
Last Sale
Sep 13, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1439813
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • ad-lib coffee & ice cream / Cafe
  • Ad-Lib x Musgrove + Company / Coffee Shop

Property Details for 8877 Onsted Hwy

Year built
1988
Lot size
1.11 lot acres
Property size
1,923 SF
Zone code
CI
Property type
Commercial real estate
APN
CA8-127-1150-00
APU
CA8127115000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Onsted
County
Lenawee
State
Michigan
Longitude
-84.1891
Latitude
42.0132
CBSA code
10300
CBSA name
ADRIAN, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,697
$0.00
$0.00
$98,800
-
$0.00
$0.00
$197,600
More about this property
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