For Sale
$400,000

5167 Us-31 Scottville, MI 49454

5,500 SF Retail Space, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional commercial property, located at 5167 US-31 in Scottville, Michigan, presents a compelling investment opportunity. The 5,500 square foot retail space, situated on a 1.1-acre lot (APN: 5301501300200), is zoned C-2, offering considerable flexibility for development and multiple revenue streams. The property comprises two buildings, constructed in 1946 and renovated in 1977, boasting solid "bones" suitable for expansion. Currently, the property includes two living areas: a ground floor unit occupied by the owner and a second-story, 1,800 square foot apartment featuring three bedrooms, two bathrooms, and a rooftop deck, accessible via two separate entrances. The main retail space is equipped with a food preparation area, a walk-in cooler, and ample storage. The seller is offering the existing furniture, fixtures, and equipment (FFE), along with a beer and wine license (liquor license not included). Detailed zoning information, including specific land use allowances, is available upon request. Michigan Department of Transportation (MDOT) traffic count data is also available. This property offers a unique blend of commercial and residential potential, making it an ideal investment for a discerning buyer. The asking price is $400,000 ($72.73 per square foot).

Property Details for 5167 Us-31

Property type
Retail properties
Square Feet
5,500 SF
Year Built/Renovated
1946/1977
Buildings
2
Lot Size (sq. ft)
47,916 SF
Units
1

Location Insight

City
Scottville
County
Mason
State
Michigan
Latitude
44.0481792
Longitude
-86.2803827

FAQs

What type of property is this?
Retail property - 5,500 SF Retail Space, High Potential
Where is the retail property located?
The property is located at 5167 Us-31 Scottville, MI.
What is the asking price?
The asking price for this property is $400,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5167 Us-31
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