Individually Owned 
For Lease
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Property summary
This exceptional retail property, a former bank branch, presents a unique investment opportunity in Erie, Michigan. Located at 9796 S Dixie Hwy, this 1,800 square foot building sits on a prominent corner lot spanning 0.32 acres. Built in 1951 and renovated in 1986, the property boasts 22 parking spaces, including a convenient drive-thru. The ample parking caters to high customer traffic and ensures convenient access. The property is offered without deed restrictions, providing flexibility for a wide range of commercial uses. The location in Monroe County, with a zip code of 48133, offers excellent visibility and accessibility. The property's assessed value is reflected in the annual property tax of $4,443. The asking price for this turnkey retail space is $250,000. The APN is 05 017 007 00. This is an ideal opportunity for an investor or business owner seeking a well-maintained, established property in a thriving community. The spacious layout and convenient amenities make this property a highly desirable commercial asset.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Location
Value estimations
Owner & transaction history
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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