For Sale
$1,200,000

1761 Samaria RdTemperance, MI 48177

19,000 SF, 4 Buildings, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully occupied, multi-building commercial property located at 1761 Samaria Rd, Samaria, MI 48177. The property consists of four buildings totaling 18,960 square feet on a 9.72-acre lot, offering significant versatility for a variety of commercial uses. Building 1 comprises 6 private offices, a reception area, lounge, four restrooms, a conference room, bullpen, meeting room, and a production room. Building 2 is a 6,000 square foot shop with six grade-level overhead doors, ideal for industrial or workshop applications. Building 3 provides an additional 3,750 square feet of shop space, while Building 4 is a 3,200 square foot steel structure with four grade-level overhead doors, suitable for storage or manufacturing. All buildings are single-story, Class B construction built in 2004, with ceiling heights ranging from 10 to 20 feet. The property benefits from convenient access to I-75 at exit 6. Currently operating under a modified lease with multiple tenants, this property offers a strong 11% cap rate and an asking price of $1,200,000. The property is zoned for commercial use and is owned by an LLC. This is a rare opportunity to acquire a high-performing, multi-tenant investment property with immediate cash flow potential. The APN is 02009001015.

Highlights

  • $1,200,000 asking price, 11% cap rate.
  • 18,960 SF multi-tenant commercial property on 9.72 acres in Temperance, MI.
  • Four (4) one-story buildings totaling 18,960 SF; Building 1: 6 offices, reception, lounge, 4 restrooms, conference room, bullpen, meeting room, production room; Building 2: 6,000 SF shop with 6 grade-level overhead doors; Building 3: 3,750 SF shop space; Building 4: 3,200 SF steel structure with 4 grade-level overhead doors.
  • Currently 100% occupied.
  • Convenient I-75 access (Exit 6).

Property Details for 1761 Samaria Rd

Property type
Specialty properties
Square Feet
18,960 SF
Class
B
Year Built
2004
Buildings
4
Stories
1
Lot Size (sq. ft)
423,403 SF
Units
4

Location Insight

City
Temperance
County
Monroe
State
Michigan
Latitude
41.8062414
Longitude
-83.5913907
1761 Samaria Rd, Temperance, Michigan

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1761 Samaria Rd
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