627 W Temperance Rd - Apartments FOR SALE


Temperance, MI 48182- Lambertville/Temperance
$169,000 USD
734-345-2999
627 W Temperance Rd, Temperance, MI for Sale
$169,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

627 W Temperance Rd
Temperance, MI 48182
Lambertville/Temperance


OVERVIEW

This 8,812 square foot mixed-use building offers a unique investment or owner-occupant opportunity in Temperance, MI. The property features a spacious 5,812 SF shop/warehouse area on the main level, ideal for a variety of commercial uses such as light industrial, storage, or service-based businesses. Above the shop, the second floor includes four (4) one-bedroom apartments, totaling 3,000 SF. Two units are currently leased on a month-to-month basis, providing immediate rental income with flexibility for future plans. Additionally, there is an adjacent 1-acre vacant lot available, offering expansion potential, additional parking, or new development opportunities. This is an ideal property for investors or business owners seeking versatile space with built-in rental income and future growth potential.

FOR SALE DETAILS

PRICE

$169,000 USD

PRICE/SF

$19 USD /SF

# OF UNITS

4

PRICE/UNIT

$42,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,356 SF

ZONING

C-3

APN/PARCEL ID

02-490-002-00

ASK ABOUT THIS PROPERTY

Tom FritzColdwell Banker Commercial Haynes Fritz & McNewMore Info
734-345-2999

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

Tom FritzColdwell Banker Commercial Haynes Fritz & McNewMore Info
734-345-2999

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