1603 S Main St - Auto Dealership FOR SALE


Chelsea, MI 48118
$5,000,000 USD
248-444-0600
1603 S Main St, Chelsea, MI for Sale
$5,000,000 USD
Auto Dealership - FOR SALE
1/2
null | Request Cap Rate

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1603 S Main St
Chelsea, MI 48118


HIGHLIGHTS

  • 6.38-acre site offering reuse or redevelopment potential
  • Zoned T-1 (Transition Mixed Use) allowing a variety of retail and mixed-use uses
  • Ideal opportunity for automotive dealership, developer, or owner-users
  • Prominent freestanding building located on S Main Street in Chelsea
  • Centrally located near downtown Chelsea with convenient access to I-94

OVERVIEW

This property offers a strong foundation for retail users or developers, with the flexibility to reuse the existing building for a dealership or redevelop the full 6.38-acre site. Zoned T-1 (Transition Mixed Use), it provides versatility and potential for a wide range of retail ventures. Featuring a rich heritage and a strategic location within the Chelsea area, this is an exciting opportunity for a developer or user looking to capitalize on a thriving retail market.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

6.38 AC

LAND SF

277,913 SF

ZONING

C

APN/PARCEL ID

06-13-380-016,06-13-450-017

ASK ABOUT THIS PROPERTY

Greg NewmanKeystone Commercial Real EstateMore Info
248-444-0600

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Greg NewmanKeystone Commercial Real EstateMore Info
248-444-0600

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