For Sale
$675,000

2611 M 21 Corunna, MI 48817

Prime M-21 location, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 4,566-square-foot warehouse presents a significant redevelopment opportunity on a 1.59-acre lot in Corunna, Michigan. Located directly across from a Meijer store and adjacent to its gas station, this property enjoys unparalleled visibility on M-21, boasting approximately 220 feet of frontage. The strategic location is further enhanced by the proximity of other national retailers including Taco Bell, Culver's, Starbucks, McDonald's, Home Depot, and Walmart. The single-story building sits on a parcel with approximately 70 parking spaces, making it ideal for a variety of uses. Currently serviced by a well, public water is available at M-21, and public sewer is accessible from Caledonia Township. The property is zoned B-2, permitting wholesale businesses, large-site retail establishments (including drive-ins, restaurants, repair garages, and service stations). Adding to the investment potential, the property generates approximately $3,300 annually in billboard income through December 2026. The asking price is $675,000, translating to $147.83 per square foot. This is a rare chance to acquire a high-traffic, high-visibility property in a thriving retail corridor. The APN is 007-16-400-012-01. This owner-user investment opportunity is ready for your vision.

Highlights

  • 4,566 SF warehouse on a 1.59-acre lot in Corunna, MI.
  • High visibility on M-21 with approx. 220' of frontage, across from Meijer and adjacent to its gas station.
  • Located in a thriving retail corridor with nearby national retailers.
  • 70+ parking spaces.
  • B-2 zoning allows for wholesale businesses and large-site retail uses (including drive-ins, restaurants, repair garages, and service stations).
  • Approx. $3,300 annual billboard income through December 2026.

Property Details for 2611 M 21

Property type
Warehouses, Industrial properties
Square Feet
4,566 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
69,260 SF
Units
1

Location Insight

City
Corunna
County
Shiawassee
State
Michigan
Latitude
42.9989808
Longitude
-84.1146504
2611 M 21, Corunna, Michigan

FAQs

What type of property is this?
Warehouse - Prime M-21 location, high visibility.
Where is the warehouse located?
The property is located at 2611 M 21 Corunna, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,566 SF warehouse on a 1.59-acre lot in Corunna, MI.; High visibility on M-21 with approx. 220' of frontage, across from Meijer and adjacent to its gas station.; Located in a thriving retail corridor with nearby national retailers.
How can I contact the broker?
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2611 M 21
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