9405 Butternut St, New Lothrop, MI 48460
For Sale
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This 3,800 square foot office building, constructed in 1990, presents a unique opportunity for a variety of businesses. Located at 9405 Butternut Street in New Lothrop, Michigan (48460), this single-story building sits on a single lot (APN: 004-70-000-008) and offers a versatile layout ideal for various office uses. Previously used as a funeral home, the property features a large room suitable for a lobby or waiting area, multiple restrooms, and a spacious kitchen with attractive wood floors. Its convenient location offers walkability to downtown New Lothrop and easy access to M-13, providing excellent visibility and accessibility for clients and employees. The asking price for this property is $199,000. This presents a compelling investment opportunity for businesses seeking a well-maintained, spacious office space in a desirable Michigan location. The building's adaptable layout and prime location make it an excellent choice for a range of office-based businesses, including insurance agencies, financial advisors, therapy practices, and more.
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McGeehan Funeral Homes, New Lothrop Chapel Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.