302 Corunna AveCorunna, MI 48817

  • Specialty properties
  • 3,456 SF
For Sale
$359,900 View listing

Property Details for 302 Corunna Ave

Year built
1973
Lot size
0.32 AC
Property size (Sq ft)
3,456 SF
Zone code
RA
Property type
Specialty properties
APN
026-10-009-009-01
APU
261000900901

Description

This exceptional 7,744 square foot free-standing retail building, located at 302 W Corunna Ave, Corunna, MI 48817, presents a unique investment opportunity. Built in 1973, this Class A property sits on a 0.64-acre lot and boasts 6,912 square feet of net rentable space. The single-story building features a striking entry/lobby area with a spacious gathering space easily adaptable into smaller rooms, perfect for various business configurations. A full basement offers additional space, including a smaller meeting area and a private office. An attached garage provides convenient storage or workspace. The property is zoned RA and includes ample parking. While previously used as a funeral home, deed restrictions prohibit its future operation as such, opening the door for a wide range of alternative uses. This prime location in Shiawassee County offers excellent visibility and accessibility. The asking price is $359,900. This is an owner/user investment opportunity with significant potential for a variety of businesses. The property's versatile layout and substantial square footage make it ideal for a contractor's office, insurance agency, real estate office, or similar businesses. Don't miss this chance to acquire a well-maintained, spacious building in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $677,184
    Hospitality
    $620,297
    Educational
    $516,080
    Medical
    $533,828
    Retail
    $802,790
302 Corunna Ave, Corunna, Michigan

Location Insight

City
Corunna
County
Shiawassee
State
Michigan
Latitude
42.9822
Longitude
-84.1209
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,234
-
-
$174,700
-
-
-
$349,400

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