8321 Mill St - Freestanding FOR SALE
Vanderbilt, MI 49795 |
$770,411 USD
657-300-6631
8321 Mill St
Vanderbilt, MI 49795
HIGHLIGHTS
- Strategic Location & Recreational Draw: – Located directly off Interstate 75, the primary north-south corridor connecting Northern Michigan
- Positioned in the heart of Northern Michigan’s outdoor recreation region, with close proximity to numerous lakes, trails, campgrounds
- Benefits from steady traffic generated by hunting, fishing, boating, snowmobiling, and ORV activities, making the property a convenient retail stop
- Strong Accessibility & Community Presence: – Situated along Mill Street with immediate access to I-75
- Vanderbilt’s affordable housing, growing recreational appeal, and strong community identity continue to support demand for necessity-based retail
- Functions as a key retail destination within a limited-service market, providing essential goods to local residents, seasonal visitors, and travelers
FOR SALE DETAILS
PRICE
$770,411 USD
PRICE/SF
$93 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
CM
APN/PARCEL ID
045-022-000-005-01
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657-300-6631
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657-300-6631
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