11032 Grand River Rd - Office/Residential FOR SALE


Brighton, MI 48116
$999,999 USD
810-923-2182
11032 Grand River Rd, Brighton, MI for Sale
$999,999 USD
Office/Residential - FOR SALE
1/19
null | Request Cap Rate

11032 Grand River Rd
Brighton, MI 48116


HIGHLIGHTS

  • High Visibility on Grand River, Lake Front, Close to Downtown Brighton, Great Investment Opportunity

OVERVIEW

An Investment Opportunity like you have never seen before! High visibility on Grand River, this expansive Building and Property it sits on- 1 acre, Lake Front on scenic Briggs Lake, offers 2,520 sq feet in commercial space (two separate units) as well as 5,600 sq feet of an attached residence. Endless opportunities, ranging from living where you work, generating passive income to pay off your mortgage quickly or a creative investment property. The main level on the commercial side has an ADA accessible ramp and houses a successful dental office measuring 1260 sq ft, complete with waiting room, three examination rooms equipped for suction and necessary plumbing, a reception area, waiting room and bathroom. Lease is currently month to month and may terminate upon sale if desired, with the most recent offer to lease for $3400/month. There is a second vacant commercial office space, also measuring 1260 sq feet on the lower level, that has been successfully leased for multiple uses including most recently attorney's office and graphic designer. Both space offer tranquil lake views creating a picturesque work environment. Parking lot on site that could be enlarged, as well as pole and display for signage already in place. Huge potential lies in considering creating an investment property by utilizing all of the spaces. The adjoining home offers 6 bedrooms and 5.1 bathrooms which could also be used for group housing, an idyllic retreat space for executives or yogis, a med spa, vacation rental or multiple other endeavors. Even more appealing: this property is next to 3 others all for sale by the same owner. See MLS listings: #20261046399, #20261046397, #20261046395 and #20261046392. Buy one or buy them all for $2,110,000, you can't go wrong with a lake front commercial endeavor in Brighton with Green Oak Township taxes. Come see the potential!

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C-3

APN/PARCEL ID

16-04-200-046

ASK ABOUT THIS PROPERTY

Krista DaviesAvera RealtyMore Info
810-923-2182

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Krista DaviesAvera RealtyMore Info
810-923-2182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.